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Share Price: 1,827.50
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Britain at 'significant risk' of gas shortages this winter, says regulator - report

Mon, 03rd Oct 2022 14:32

LONDON, Oct 3 (Reuters) - Britain faces a "significant risk" of gas shortages this winter due to the conflict in Ukraine and a shortage of supplies in Europe, the energy regulator has said according to a report by the Times newspaper on Monday.

Regulator Ofgem has said there was a possibility that Britain could face a "gas supply emergency" in which supplies to some gas-fired power plants are cut off, stopping them generating electricity, the report said.

Gas-fired power plants were responsible for more than 40% of Britain's electricity production last year while the fossil fuel is also used to heat around 80% of British homes.

The regulator was responding to a letter from SSE, which owns several gas power stations, the Times added.

Neither Ofgem nor SSE had any immediate comment when contacted by Reuters.

Britain's National Grid said in July there could be periods where electricity supply is tight this winter, given uncertainty over supplies of Russian gas to Europe, but that it expects to be able to meet demand.

National Grid is expected to announce its winter outlook on Thursday. (Reporting by Sachin Ravikumar; editing by William James)

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20 Jul 2023 09:23

SSE reaffirms guidance despite quarterly shortfall on dry weather

(Alliance News) - SSE PLC on Thursday reaffirmed its annual earnings per share guidance, but bemoaned the impact of dry weather after experiencing a shortfall over the first quarter.

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20 Jul 2023 07:02

SSE reiterates full-year earnings target

(Sharecast News) - SSE reiterated its full-year earnings guidance on Thursday, despite dry, still weather hitting renewables output.

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13 Jul 2023 15:58

UK shareholder meetings calendar - next 7 days

Friday 14 July 
Templeton Emerging Markets Investment Trust PLCAGM
Monday 17 July 
All ThingsConsidered Group PLCAGM
Tower Resources PLCAGM
Tuesday 18 July 
Alkemy Capital Investments PLCAGM
Bloomsbury Publishing PLCAGM
CT Property Trust LtdGM re takeover by LondonMetric Property
e-Therapeutics PLCAGM
MobilityOne LtdEGM re Tete planned JV deadline extension
SmartSpace Software PLCAGM
Strategic Minerals PLCAGM
Wynnstay Properties PLCAGM
Wednesday 19 July 
Berkeley Energia LtdAGM
Caledonian Trust PLCAGM
DG Innovate PLCAGM
Experian PLCAGM
HICL Infrastructure PLCAGM
Mind Gym PLCAGM
Sportech PLCGM re share capital restructure
Triple Point Income VCT PLCAGM
Thursday 20 July 
ACG Acquisition Co LtdEGM re acquisition of the Atlantic Nickel
Big Yellow Group PLCAGM
CT UK High Income Trust PLCAGM
Evgen Pharma PLCAGM
FD Technologies PLCAGM
Fuller, Smith & Turner PLCAGM
GB Group PLCAGM
Halma PLCAGM
Intermediate Capital Group PLCAGM
International Distributions Services PLCAGM
Fidelity China Special Situations PLCAGM
Johnson Matthey PLCAGM
Kingspan Group PLCEGM re delisting
Pennon Group PLCAGM
Premier Foods PLCAGM
Premier Miton Group PLCAGM
Qinetiq Group PLCAGM
SSE PLCAGM
TR Property Investment Trust PLCAGM
VP PLCAGM
Weiss Korea Opportunity Fund LtdAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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13 Jul 2023 15:57

UK earnings, trading statements calendar - next 7 days

Friday 14 July 
Ashmore Group PLCTrading Statement
Burberry Group PLCTrading Statement
Liontrust Asset Management PLCTrading Statement
McBride PLCTrading Statement
Ninety One PLC and LtdTrading Statement
Monday 17 July 
Brickability Group PLCFull Year Results
Gore Street Energy Storage Fund PLCFull Year Results
Northern Bear PLCFull Year Results
Tuesday 18 July 
Arbuthnot Banking Group PLCHalf Year Results
Artisanal Spirits Co PLCTrading Statement
IntegraFin Holdings PLCTrading Statement
Luceco PLCTrading Statement
Midwich Group PLCTrading Statement
Ocado Group PLCHalf Year Results
Petra Diamonds LtdTrading Statement
Record PLCTrading Statement
Rio Tinto PLCTrading Statement
Wise PLCTrading Statement
Wednesday 19 July 
Antofagasta PLCTrading Statement
BHP Group LtdTrading Statement
Hargreaves Lansdown PLCTrading Statement
Severn Trent PLCTrading Statement
Redcentric PLCFull Year Results
Thursday 20 July 
3i Group PLCTrading Statement
AJ Bell PLCTrading Statement
Anglo American PLCTrading Statement
Babcock International Group PLCFull Year Results
BHP Group LtdTrading Statement
Diploma PLCTrading Statement
Dunelm Group PLCFull Year Results
easyJet PLCTrading Statement
Howden Joinery Group PLCHalf Year Results
IG Group Holdings PLCFull Year Results
Intermediate Capital Group PLCTrading Statement
International Distributions Services PLCTrading Statement
Kier Group PLCTrading Statement
PensionBee Group PLCTrading Statement
Pharos Energy PLCTrading Statement
Premier Miton Group PLCTrading Statement
SSE PLCTrading Statement
Taylor Maritime Investments LtdFull Year Results
Vistry Group PLCTrading Statement
Volution Group PLCTrading Statement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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4 Jul 2023 17:28

UK's National Grid and SSEN in JV for 2 GW electricity transmission project

LONDON, July 4 (Reuters) - Scottish and Southern Energy Networks (SSEN) said on Tuesday it had signed a joint venture agreement with Britain's National Grid Electricity Transmission (NGET) to build a 2 gigawatt (GW) subsea cable linking northern Scotland to England.

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27 Jun 2023 08:57

LONDON BROKER RATINGS: UBS cuts BT'; HSBC starts Smiths with 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

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12 Jun 2023 09:19

LONDON BROKER RATINGS: Goldman Sachs cuts Great Portland to 'sell'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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6 Jun 2023 10:15

SSE fined £10m by Ofgem for overcharging

(Sharecast News) - SSE has been fined nearly £10m by the regulator for overcharging National Grid, in breach of its licence.

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6 Jun 2023 09:14

UK energy regulator says SSE Generation to pay $12.2 mln for licence breach

June 6 (Reuters) - Britain's energy regulator Ofgem said on Tuesday SSE Generation will pay 9.8 million pounds ($12.2 million) for securing excessive payments from the National Grid Electricity System Operator (ESO) for reducing output at Foyers power station.

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6 Jun 2023 08:09

SSE to pay near GBP10 million penalty for licence breach

(Alliance News) - Energy company SSE PLC is to pay a GBP9.8 million penalty after breaching its generation licence, the industry regulator has announced.

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1 Jun 2023 09:27

LONDON BROKER RATINGS: Morgan Stanley raises ConvaTec to 'overweight'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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26 May 2023 09:41

LONDON BROKER RATINGS: RBC cuts Halfords; Berenberg likes Sabre

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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24 May 2023 09:14

LONDON MARKET OPEN: Stocks down amid hotter-than-expected UK inflation

(Alliance News) - Stock prices in London opened lower on Wednesday, as a new UK inflation reading came in hotter-than-expected.

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24 May 2023 09:10

TOP NEWS: SSE swings to annual loss but lifts dividend by 13%

(Alliance News) - SSE PLC on Wednesday reported a swing to loss for financial 2023 on a net adverse fair value movement on derivatives but saw revenue jump.

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24 May 2023 07:58

LONDON BRIEFING: Stocks called down; UK inflation falls to 8.7%

(Alliance News) - Stock prices in London were called to open lower on Wednesday morning, despite new data showing that UK inflation has eased to 8.7%.

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