U.K. Gas Use Set for First August Gain Since ’10 on Nuclear Cuts
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U.K. natural gas consumption is poised to rise in August for the first time in four years as nuclear plant outages and lower prices boost demand for electricity generation.
Demand for gas used in factories, homes, power stations as well as exports, rose 16 percent in the first 25 days of the month compared with the same period a year ago, according to National Grid Plc. An annual increase would be the first for August since a 20 percent jump in 2010. Usage slid 18 percent last year, data from Britain’s grid operator showed.