Free Trial

UK Gas Output Share Rises To Three-Year High In 2022

NATURAL GAS

The share of gas-fired generation in the UK reached a three-year high last year as demand rose for the country to generate and export electricity, data from National Grid show.

  • Gas-fired generation accounted for 39% of the country’s generation mix, compared with 38% in 2021 and 35% in 2020.
  • The second largest share of the generation mix in 2022 was from combined onshore and offshore wind output with 26.8%, of up from a share of 21.8% in 2021.
  • The UK has traditionally been a net power importer from France, but extensive outages of France’s nuclear fleet have weighed on the country’s export capacity, resulting in the UK turning to a net power exporter to France in 2022.
  • The UK has 4GW of interconnection capacity with continental Europe.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.