Big Freeze Stretches U.K. Gas Supplies as Prices Skyrocket
- National Grid forecasts possible deficit in gas supply
- Storm Emma brings fresh snowfall across large parts of Britain
Storm Emma Dumps Snow On U.K.
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The freezing weather entrenched across much of Europe is stretching Britain’s supply of natural gas with fresh snowfall forecast for much of the country.
The coldest spell since December 2010 is severely testing the nation’s energy and transport network -- roiling energy markets, closing airports, London’s Paddington train station and major roads. The Irish stock exchange shut early and trading will remain halted through Friday, citing a severe weather warning.