November 11, 2010 / 4:52 PM / in 7 years

Nat Grid sees no rebound in UK energy demand

LONDON, Nov 11 (Reuters) - British gas and electricity demand appears to have bottomed out, but there has been no rebound in consumption since the recession-led slide of late 2008-early 2009, National Grid said on Thursday.

“We have bottomed out but there is no spectacular sign of recovery,” a spokesman for the power and gas network operator told Reuters.

Demand for gas from the power sector has increased slightly because of several new gas fired power plants being started up in 2010, the spokesman said. [ID:LDE6A91BG]

But once the effect on heating demand during last winter -- one of the coldest on record -- is removed, demand for gas and electricity from the start of April 2010 to the end of October 2010 is in line with demand for both from April-October 2009.

Data for the industrial sector alone is not available.

National Grid data shows Britain’s total electricity consumption for the financial year from April 2009 to the end of March 2010 was down 3.5 percent from the previous financial year.

A reduction in the use of energy due to consumers cutting back because of high prices, energy efficiency measures, the growth of industries producing their own electricity and the dampening effect of the economic slowdown on industrial activity had reduced electricity consumption by up to 9 percent since 2005/06, National Grid said. [ID:nLDE63R2LU] (Reporting by Daniel Fineren; Editing by Janet Lawrence)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below