Nationwide Grid’s Grain LNG, Europe’s largest LNG terminal, has hit a brand new utilisation report, exporting 102 589 GWh of gasoline over a 12-month interval, the equal of just about 14% of complete gasoline demand in Nice Britain.
Over the identical interval (1 June 2022 – 31 Could 2023) Grain LNG additionally unloaded 111 ships originating from a number of nations, demonstrating its continued international attain and operational capabilities.
Simon Culkin, Importation Terminal Supervisor at Grain LNG, stated: “Given the UK’s power integration with Europe, the final 12 months have seen excessive ranges of exports by way of the interconnectors. For our prospects, Grain LNG supplies the flexibility to retailer the gasoline and ship it out when the market situations are proper. With the flexibility to swing from minimal to most flows inside a brief time frame, additionally it is a super accomplice to intermittent renewables.”
The 102 589 GWh ship out was into the nationwide and native transmission methods (NTS/LDZ), leading to an virtually 45% utilisation.
Grain LNG is a important a part of the UK’s power infrastructure and the terminal affords market individuals direct entry to the UK’s Nationwide Balancing Level (NBP), one of many world’s main gasoline buying and selling hubs.
Situated on the Isle of Grain in Kent, Grain is at present in a position to retailer and ship sufficient gasoline to satisfy not less than 25% of UK gasoline demand, or all of London and the South East’s gasoline demand. To proceed offering power safety, Grain is at present partaking with potential prospects on long-term regasification capability beginning in 2029.
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