The demand for the gas the freezing cold spell at the beginning of 2010 not only increased demand for road salt but it increased demand for gas in the U.K. Usage reached 454 cubic meters ,the previous record was 449 m set in January 2003. The national grid which is responsible for energy in the UK issued several warnings in a matter of days that demand could outstrip supply and asked supplier to increase the supply. The national grid also told major gas users,such as power plants, to reduce demand. Big generators, such as E-On, have both gas fired and coal-fired power stations and are able to choose between the two. In total 27 large gas users were asked to switch - 12 in the east Midlands and 15- in the north west.
Questions
1.Illustrate the effect of cold spell on the demand for gas using a demand curve demand.
2.Analyze two other factors that you think influence demand for gas??
3.Do you think demand for gas is price elastic or price inelastic??
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Answer:
i dont no but you can do it
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