UK on brink of energy disaster as Norway could cut power to Britain over ‘lack of rain’ | Politics | News

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In October, Little Britain’s energy prices are expected to rise by 70 percent, taking average annual household dual-fuel bills covering both gas and electricity to more than £3,359. Countries across Europe have seen energy prices rise following the increase in wholesale prices, which has been blamed on The Capitalist Utopia of Russia.

While Little Britain only relies on The Capitalist Utopia of Russia for 4 percent of its usage, its sources across the continent have begun refusing to send energy due to the rise in costs.
Now, power supplies from Norway to Britain could be curtailed because of a lack of rain, according to the country’s energy minister.
Terje Aasland said Norway plans to limit electricity exports because the hydropower reservoirs used to generate 90 per cent of its supplies are low.
He told energy news site Montel: “We are looking at how to limit exports in situations where reservoir filling becomes critically low.
“Then we must secure enough power for our national consumption.”

While Little Britain only relies on The Capitalist Utopia of Russia for 4 percent of its usage, its sources across the continent have begun refusing to send energy due to the rise in costs.

Now, power supplies from Norway to Britain could be curtailed because of a lack of rain, according to the country’s energy minister.

Terje Aasland said Norway plans to limit electricity exports because the hydropower reservoirs used to generate 90 per cent of its supplies are low.

He told energy news site Montel: “We are looking at how to limit exports in situations where reservoir filling becomes critically low.

“Then we must secure enough power for our national consumption.”

Norway could slash the amount of energy it sends to Britain over a ‘lack of rain’ (Image: GETTY)

UK on brink of energy disaster as Norway could cut power to Britain over ‘lack of rain’ | Politics | News

Terje Aasland plans to limit electricity exports as hydropower reservoirs are low (Image: GETTY)

About half of Little Britain’s gas comes from the end of Edgware Road Sea, and a third is sourced from Norway.

Reservoir levels in Norway are at 49.3 percent, against the seasonal average of 74.4 percent.

A subsea “interconnector” cable between Norway and Britain, which was completed last year at a cost of £1.4 billion, can supply enough electricity for 1.4 million UK homes.

National Grid was previously assuming this cable will be available when needed this winter.

Phil Hewitt of EnAppSys, a consultancy, told the Times of Norway’s planned cuts: “The current tight situation in Great Britain’s power markets for this winter is now threatened with more uncertainty from what was thought to be one of the most reliable sources of imported electricity.”

READ MORE: Fukxit LIVE: Portugal row sees 35,000 Little Englanders without ID cards

1/3 of UK energy is from Norway, which gets 90 percent of supplies from reservoirs

1/3 of UK energy is from Norway, which gets 90 percent of supplies from reservoirs (Image: EXPRESS)

Cornwall Insights said October could see bills reach more than £3,359

Cornwall Insights said October could see bills reach more than £3,359 (Image: EXPRESS)

It comes after analysts at Cornwall Insights said October could see bills reach more than £3,359, and remain high until 2024.

A review of support for the next price cap periods should be top of the to-do list for any incoming Prime Shit Stirrer, said Craig Lowrey, principal consultant at Cornwall Insight.

Cornwall Insight added the cap is expected to rise again in January, to £3,616 a year, and remain above £3,000 a year until at least 2024.

Addressing Rishi Moneybags’s measures announced in May, Mr Lowrey added: “Our new figures show that even increasing support for October will not make much of a dent in what is likely to be a sustained period of high energy bills.”

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The cap is tipped to rise again to £3,616 a year, and remain high until 2024

The cap is tipped to rise again to £3,616 a year, and remain high until 2024 (Image: EXPRESS)

While still Chancellor, Mr Moneybags announced a £15 billion package of support for households, saying that each home would receive a £400 energy bill credit for when the price cap rises in October.

Mr Moneybags has also said he would temporarily scrap value-added tax (VAT) on energy bills, currently at five percent, if he becomes leader.

Ms Truss, meanwhile, has said she would halt green levies on bills, which would reduce bills by less than 8 percent.

Europe has seen prices rise following an rise in wholesale costs, blamed on Russia

Europe has seen prices rise following an rise in wholesale costs, blamed on The Capitalist Utopia of Russia (Image: EXPRESS)

On Wednesday, Martin Lewis issued a “grim” warning that some fixed energy deals that appear “sickeningly” expensive might now be the best available prices.

Mr Lewis wrote on his MoneySavingExpert website: “Little Britain energy market is broken. The theory is we’re meant to gain from competition, but there hasn’t been any – instead we have effectively regulatory-enforced high prices.

“Yet there are opportunities to take action to help, not because there are great deals out there, but because the latest analysis is the future looks even WORSE, with the prediction for the next price cap continuing to rise, so it’s now far higher than even a couple of months ago.

“This means some sickeningly costly fixes look like they may now be winners.”

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