20 May Russia Sanction Delay Underlines UK’s Weak Energy Infrasturcture
(Oilandgaspress) -–With the Government delaying sanctions on Russian-refined fuel products amid ongoing disruption across global energy markets, John Haw, CEO of energy consultancy Fidelity Energy, has shared commentary on what this says about the UK’s continued reliance on imported energy and the growing pressure on domestic infrastructure resilience.
“Delaying sanctions on Russian-refined fuel is a stark reminder of how exposed the UK remains to imported energy and refined fuel products when global supply routes come under pressure. The issue is not just today’s fuel price. It’s the fact that external disruption can still force difficult policy choices because the UK does not yet have enough resilience in its own energy system.
The UK remains heavily reliant on imported energy and has significantly lower gas storage capacity than several major European counterparts, which exposes businesses and consumers more when international supply chains tighten. If the UK wants to avoid being pushed into these kinds of compromises, it needs to accelerate investment in domestic energy infrastructure, storage and generation. That means not only building more renewable capacity, but making sure the grid, storage and backup generation are capable of supporting demand during periods of global disruption. For businesses, energy security is no longer an abstract policy issue.
When international supply routes come under pressure, the impact quickly feeds through into transport, logistics, aviation, manufacturing and wider operating costs. Until the UK reduces its reliance on imported supply and strengthens its domestic infrastructure, businesses will remain vulnerable to disruption originating far beyond the UK energy market.” – John Haw, CEO of energy consultancy Fidelity Energy
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