This winter, the margin between supply and demand could be the tightest in five years: UK National Grid CEO UK businesses using a lot of energy have called on the government to help them keep running throughout the winter Electricity supply in the United Kingdom will be tighter this winter compared to previous years, the chief executive of the UK’s National Grid told a Financial Times conference on Wednesday, noting that consumers and businesses will see no respite from the record-high gas prices soon. This winter, the margin between supply and demand could be the tightest in five years, National Grid CEO John Pettigrew said during the Financial Times’ Energy Transition Strategies Summit today. When margins between supply and demand are tight, the cost of additional supply to balance the grid impacts electricity bills. While the head of the National Grid was warning about tighter power supply in the […]