Re:How Bad Europe’s Energy Crisis Is
by kcartlidge on Wednesday August 31, 2022 @05:19PM
(#32668492)
The difficulty here in the UK is that we're caught up in it inadvertently.
Despite common perception, only 3% of our gas comes from Russia. Half is North Sea and a third from Norway, with the rest shipped in from elsewhere in the world.
Unfortunately it doesn't matter that only 3% comes from Russia, because prices are set in a market where other countries have more reliance on Russia. The UK ends up paying more as a result.
(To be clear our energy policy is terrible; it just so happens that on this one point it isn't our fault).
Despite common perception, only 3% of our gas comes from Russia. Half is North Sea and a third from Norway, with the rest shipped in from elsewhere in the world.
Unfortunately it doesn't matter that only 3% comes from Russia, because prices are set in a market where other countries have more reliance on Russia. The UK ends up paying more as a result.
(To be clear our energy policy is terrible; it just so happens that on this one point it isn't our fault).