The UK should have stable natural gas supplies through 2050, but could see more frequent price spikes as its reliance on LNG grows its exposure to global demand, according to the country’s energy systems operator.

In National Grid plc’s latest future energy scenario report, the firm reported the UK’s ability to secure “diverse sources of natural gas” should allow it to meet its energy needs through the mid-century as long as it also gradually phases out gas-fired generation in favor of renewables.

However, in the near-term, Europe’s energy crisis has meant an influx of liquefied natural gas imports and new supply deals as the country balances supply security and high energy prices.

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