The UK's gas storage facilities may increase as many homeowners choose whether to switch gas and electricity firms, reports the Telegraph.
Gas reserves in the North Sea are beginning to run low and as a result Britain could be importing 80 per cent of its supplies within the next six years.
Britain currently has only around two weeks-worth of gas reserves and international incidents such as the January dispute between Russia and Ukraine have prompted concern that the UK lacks the more sizeable reserves owned by the likes of Germany and France.
Andrew Hindle, chief executive of Portland Gas, told the paper: "As we import more gas because of dwindling North Sea production, it will need to be stored to iron out price fluctuations."
Major energy company Centrica has announced it will spend £1.2 billion turning the North Sea's Baird gas field into a giant storage reserve, while firms such as Portland Gas and E.On are looking into creating similar facilities onshore.
French-owned energy company EDF is set to lead nuclear redevelopment in the UK and help reduce the country's reliance on fossil fuels.
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