• 5 minutes Mike Shellman's musings on "Cartoon of the Week"
  • 11 minutes Permian already crested the productivity bell curve - downward now to Tier 2 geological locations
  • 17 minutes WTI @ 67.50, charts show $62.50 next
  • 12 hours The Discount Airline Model Is Coming for Europe’s Railways
  • 1 min Pakistan: "Heart" Of Terrorism and Global Threat
  • 1 day Newspaper Editorials Across U.S. Rebuke Trump For Attacks On Press
  • 5 hours Desperate Call or... Erdogan Says Turkey Will Boycott U.S. Electronics
  • 5 hours Venezuela set to raise gasoline prices to international levels.
  • 1 day Batteries Could Be a Small Dotcom-Style Bubble
  • 58 mins Renewable Energy Could "Effectively Be Free" by 2030
  • 17 hours Saudi Fund Wants to Take Tesla Private?
  • 1 day Starvation, horror in Venezuela
  • 18 hours Scottish Battery ‘Breakthrough’ Could Charge Electric Cars In Seconds
  • 1 day France Will Close All Coal Fired Power Stations By 2021
  • 1 day Don't Expect Too Much: Despite a Soaring Economy, America's Annual Pay Increase Isn't Budging
  • 10 hours Corporations Are Buying More Renewables Than Ever
Peak Lithium Won’t Happen Anytime Soon

Peak Lithium Won’t Happen Anytime Soon

Peak lithium is not happening…

Move Over Coal – U.K. Now Gets Half Of Its Power From Nat Gas

Natural Gas

According to statistics released by the United Kingdom’s Department for Business, Energy and Industrial Strategy, in the second quarter of this year, natural gas was the source of a little over half of the power in the United Kingdom, while coal fell to a record low.

Gas accounted for 50.9 percent of generated electricity by major power producers in the UK in Q2, with nuclear power coming in at 24.2 percent, renewables at 18.1 percent, and coal coming in dead last at 6.8 percent.

Coal use by those same power producers fell 71 percent, and gas use rose 52 percent as total electricity generation dropped by 0.9 percent.

Gas use by power generators peaked in April of this year, the highest level of use since October of 2011. May 2016 was coal’s lowest usage month since 1995.

In addition to the closing of some coal plants, gas use was bolstered by the availability of cheap gas on the UK spot market, where gas traded, at least temporarily, for a little less than $4 per BTU. ¬

Primary energy consumption in the UK during the second quarter fell 0.3 percent, and the production of natural gas within the United Kingdom saw a drop of 3.2 percent. This is in contrast from the first quarter of this year, when gas production was up 5 percent, attributed to the first gas flows from the Laggan-Tomore field in the West Shetland Isles in February of last year. Those fields are operated by French Major Total.

By Lincoln Brown for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News