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UK's Gas Storage Crisis: Rough Faces Year-End Shutdown

7/19/2025

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Summary

Story summary

Britain's largest gas storage facility, Rough, is on the brink of closure by year-end unless the government steps in with financial aid. Centrica, grappling with £100 million losses, warns that this shutdown could jeopardize the UK's energy security this winter. The company is advocating for a cap-and-floor funding model to support a £2 billion project aimed at storing hydrogen alongside natural gas.

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Story summary

Britain's largest gas storage facility, Rough, is on the brink of closure by year-end unless the government steps in with financial aid. Centrica, grappling with £100 million losses, warns that this shutdown could jeopardize the UK's energy security this winter. The company is advocating for a cap-and-floor funding model to support a £2 billion project aimed at storing hydrogen alongside natural gas.