“Demand for power would need to be reduced. This would require industry shut-ins, power rationing through rolling blackouts, to both reduce average demand and also shift and flatten power demand peaks.”
Although the UK doesn’t directly receive pipeline gas from Russia, it does indirectly buy some from Belgium and the Netherlands.
But as wholesale gas is an integrated market any disruption to Europe’s supply will send prices soaring in the UK too.
Refugee crisis
A war between Ukrainian and Russian forces could force thousands of civilians caught in the crossfire to flee.
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