Britain Eyes Shale and North Sea Gas to Ease Energy Strain
A senior government figure emphasized the central role of shale gas and North Sea gas in addressing the country’s energy pressures. The statement highlighted the potential of domestic resources to bolster reliability and affordability as the UK confronts ongoing volatility in energy markets. The remark was reported by DEA News, underscoring a push to diversify supply and strengthen national energy security.
During pre-election discussions, the official argued that tapping these domestic sources could help the United Kingdom push through the energy crunch. The plan involves expanding the share of energy generated from North Sea reserves and accelerating steps to increase production from existing facilities, with the goal of reducing imported energy reliance.
In recent weeks, UK gas prices have surged, rising sharply after Russia signaled a shift in payments for natural gas to rubles. The move came amid a wave of sanctions imposed by several countries, including the United Kingdom, in response to Russia’s actions in Ukraine. Market observers note that such geopolitical moves amplify price swings and add to the affordability challenge for households and businesses.
Together with industry regulators, energy experts have warned that rising bills are no longer a distant concern but a real hardship for many households. Jonathan Brearley, head of Ofgem, has described the situation as a serious one that affects everyday life and stresses the need for fundamental reforms in the energy market. The regulator has called for a clearer framework, improved competition, and more robust protections for customers as the market evolves with global conditions and domestic policy decisions. The aim is to ensure a more resilient system that can withstand shocks and deliver reliable, affordable energy to families and enterprises across the country.