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Nottingham Post
Nottingham Post
National
Harvey Jones & Karen Antcliff

UK winter energy bills could fall as European country races to rescue

After the constant stream of doom and gloom when it comes to soaring energy costs, there could be a glimmer of hope and it's as a result of unexpected circumstances. Weather conditions in a neighbouring European country could mean a boost to UK supplies and may even ease the pressure on household bills. According to the Express, Norway's wet and windy weather is set to "keep a lid on our energy bills".

Rising wholesale energy prices have meant household budgets have been squeezed. While the UK government has capped the unit price for Brits, bills this autumn and winter are still set to be the highest ever. However, a report indicates that Norway, which plays a key strategic role in NATO, with former Prime Minister Jens Stoltenberg the alliance's Secretary General since 2014, could come to the rescue.

Norway's hydroelectric power is enough to supply 96 percent of its domestic usage. This allows it to pump most of the natural gas it produces to the UK via 450-mile subsea interconnector cables. In total, Norway supplies 60 percent of our gas, but that dependency caused panic in August when energy experts warned Norway could come under pressure to slash exports to keep domestic prices down.

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