Recession cuts demand forecasts

July 2009
Utility Week;7/17/2009, p5
Trade Publication
The article reports on the forecast of the National Grid on the effect of recession on the demand for electric power and gas in Great Britain in 2009. According to the National Grid, the demand for electricity could be lowered by 7.5% as a result of recession, which could also result in the decline in generating capacity needed in the next decade. The report "Transporting Britain's Energy" revealed the forecast on the potential 9% decline in the annual gas production on the UK Continental Shelf (UKCS) fields.


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