UK: more retail energy suppliers will probably go bust this winter with UK more vulnerable to energy shortages than its

The video discusses the operations at the Easington Gas Terminal on Humberside, highlighting the impact of weather on gas supply and demand. It explains how Centrica's reopening of the rough storage field helps stabilize gas prices and the economic implications of supply and demand. The UK's limited gas reserves compared to Europe are addressed, along with the financial risks faced by energy suppliers. The video concludes with the importance of securing gas supplies for the winter.

Why is gas being brought onshore at the Easington Gas Terminal?

• Due to high solar power generation

• To increase gas reserves for the summer

• Because of the cold weather and low renewable energy generation

• To export gas to neighboring countries

What was the purpose of reopening the rough storage field?

• To increase gas exports

• To reduce gas consumption

• To close down other gas terminals

• To stabilize gas supply and prices

How does the UK's gas reserve compare to its European neighbors?

• The UK does not have any reserves

• The UK has significantly lower reserves

• The UK has similar reserves

• The UK has significantly higher reserves

What is the main concern for energy suppliers according to Centrica?

• Reducing gas prices

• Expanding to new markets

• Financial instability and potential failures

• Increasing profits

What percentage of the UK's gas needs can Easington handle?

• 40%

• 10%

• 30%

• 20%