XLE & Oil

UK Rules Out Winter Energy Shortages as Gas Prices Soar

OilPrice.com·Oct 23, 2026 · 3:30 AM CT
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Readthrough summary

Britain's National Energy System Operator says there's no risk of power or gas outages this winter and expects a 5.5 GW electricity surplus, an 8.8% buffer over peak demand, from Oct. 31 to March 31. Supply will be secure but expensive: UK front-month gas and power prices are up 180% and 120% since February, before the Middle East war began.

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