LONDON—A lack of natural-gas storage facilities in the U.K., where capacity has been allowed to dwindle in recent years, has amplified the risks of a global shortage of the fuel and raised concerns that energy supplies won’t hold up if there is a cold winter.
The U.K.’s rapid shift to renewable energy, which has helped it cut greenhouse-gas emissions by 44% in the past three decades, is lauded by many in the industry. But the country’s experiences offer a reminder that decarbonizing an economy must be carefully managed.
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