Periodically Russia turns off the taps of its gas to the EU.  Usually, in 2006 and 2009, this has been to do with Ukraine not paying its bills (5/12 Russian gas pipelines to Europe pass through it), but also it has been used, certainly in threat format, as a political weapon.
The unrest/civil war, call it what you will, in Ukraine led Polish Prime Minister Tusk to propose an EU Energy Union in April, one which could collectively buy gas on behalf of the whole EU. President of the Commission Barosso and Energy Commissioner Oettinger gave this proposal their seal of approval on 21st  May.
This represents a very bad deal for the UK.
Britain gets its gas from three sources, its own North Sea reserves and those of Norway via interconnector and from Qatar in LNG form.  Gas is priced in Sterling, and the market is mature and reliable.  The balance of supplies between the three sources also means that the UK is protected from interruption of supplies from one of the three and can usually cope.  The only problem being that, while the UK generates about 40% of its electricity from gas fired power stations; it only has a maximum of two weeks storage capacity, leaving it vulnerable in the event of shortages or prolonged periods of high demand.  It can, however, switch which fuels to use as price dictates, making it very efficient.
The EU has been disbursing funds (one eighth paid for by the UK taxpayer) to improve the European gas infrastructure, making the EU more liable to use gas as an energy source, the logic being that since gas produces half the carbon emissions than coal per megawatt produced this will make the EU ‘cleaner’.  The funds have been directed towards 250 projects across Europe.  In other words, we are paying for the pathway for others to enjoy the gas that will be denied us.
Amalgamating European gas purchases via one body will mean that the UK will no longer be able to negotiate its own contracts, and so will not be able to manage its own grid. Having lost the power to dictate what it buys and when, the UK grid will become a subservient part of the gargantuan EU buying machine and having to take gas when it suits the others.  Moreover, as the UK lacks the aggregated storage capacity of the EU it will have to pay higher prices during peak demand, while the likes of Germany will be able to suck the fuel from storage.  The UK will further be at risk to currency fluctuations, as all the new gas contracts will be denominated in Euros and no longer in Sterling.
Losing the power to decide how 40% of our power is generated to me represents one of the largest seepages of decision-making to Brussels in decades, yet will this proposal trigger a referendum as per the 2011 European Powers Act?  Thought not.

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