AGP Executive Report
Last update: an hour agoGrid Costs: Balancing Great Britain’s power system cost £47.9m in a single day as wind farms were switched off and gas plants brought online. September’s bill reached a record £505m, with network constraints driving the expense. Gas Security: Unite says the UK has just 12 days of gas reserves and wants ministers to consider public ownership of Centrica’s Rough storage site, now empty and facing possible closure. Household Bills: Rising oil prices are feeding through to UK fuel and energy costs, with bills forecast to jump in January. Energy groups are urging the Chancellor to act in the Budget, while North Yorkshire has paused new applications for its home energy grants until March 2027 after demand outstripped funding. Energy Supply Chain: New analysis warns the UK will need to manage 235,000 tonnes of end-of-life EV batteries by 2040, but lacks the domestic refining capacity to handle the coming wave. Ukraine Support: Britain pledged £17m for repairs to the damaged Chornobyl nuclear shelter, supporting the site’s confinement and ventilation systems.
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