Every British household to spend nearly £6,000 on foreign gas by 2035

  • Date: 15-May-2023
  • Source: The Telegraph
  • Sector:Oil & Gas
  • Country:Qatar
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Every British household to spend nearly £6,000 on foreign gas by 2035

British households will spend nearly £6,000 on cooking and heating their homes with foreign gas over the next 12 years as domestic supplies dwindle, experts warn. The UK will be left dependent on imported gas unless it speeds up the rollout of heat pumps and other renewable energies, according to advice group the Energy & Climate Change Intelligence Unit (ECIU). A house with average insulation, a gas boiler and average electricity use will have used £5,700 of foreign gas by 2035 – paying £140 per year to Qatar alone, according to the ECIU. But a comparative home with a heat pump, solar panels and good insulation, could be spending just £10 a year on gas by 2035 if the deployment of renewables speeds up across the country, it said. It comes as UK reserves of gas in the North Sea are steadily diminishing – meaning the UK will have to look elsewhere to meet demand. Dr Simon Cran-McGreehin, head of analysis at ECIU, said: "You can't squeeze much more out of the North Sea; its output has been declining and the official numbers show that's going to continue. It's simply running out of gas." He added: "Those arguing against heat