Future Of British Business

UK Becomes Net Electricity Exporter for First Time in 12 Years

  • UK power, gas exports soared to record highs April to June
  • Nation’s power demand set to rise leaving EU in a pinch

Electricity transmission towers near residential houses in Upminster, UK.

Photographer: Chris Ratcliffe/Bloomberg
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The UK exported more electricity than it imported in the second quarter of the year for the first time in more than a decade, helping make up a shortfall in France where extended nuclear outages are pushing up prices.