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Britain faces risk of blackouts, warns Ofgem
Telegraph (UK) ^ | 11:31AM BST 05 Oct 2012 | By Telegraph Staff

Posted on 10/05/2012 4:37:51 AM PDT by DeaconBenjamin

An "unprecedented combination" of the eurozone crisis, tough EU environmental laws and the closure of ageing coal and oil-fired power stations, has increased "the risk to consumers’ energy supplies", Ofgem said in its annual Electricity Capacity Assessment on Friday.

The regulator, which first highlighted the problems in its Project Discovery report in 2009, said: "Today’s report shows that these problems have not gone away."

It said spare generation capacity – the margin the power system has to respond to increases in demand – could fall to 4pc by 2015/2016 from 14pc today and tightening electricity supplies "could lead to higher bills".

"Coal fired-generation is likely to close earlier than expected under EU environmental legislation and the risk of a shortfall in electricity is highest in 2015/16," the regulator said.

The threat of electricity shortages reinforced the need for energy reforms to encourage investment, according to the report.

Alistair Buchanan, the Ofgem chief executive, said: “The unprecedented challenges facing Britain’s energy industry, identified in Ofgem’s Project Discovery, to attract the investment to deliver secure, sustainable and affordable energy supplies for consumers, still remain."

Edward Davey, Secretary of State for Energy and Climate Change welcomed the report and said the Government would respond formally before the end of the year.

“Security of electricity supply is of critical importance to the health of the economy and the smooth functioning of our daily lives. That is why the Government is reforming the electricity market to deliver secure, clean and affordable electricity,” he said.

(Excerpt) Read more at telegraph.co.uk ...


TOPICS: Business/Economy; Foreign Affairs; Government; United Kingdom
KEYWORDS:

1 posted on 10/05/2012 4:37:54 AM PDT by DeaconBenjamin
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To: DeaconBenjamin

The UK government and the British people generally have been warned and warned and warned about an upcoming “energy gap”. Nothing appears to have been done. The various lobbies against all new power generation are just too powerful. Well, lets see how they fare when the lights go out.


2 posted on 10/05/2012 5:15:24 AM PDT by Vanders9
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To: Vanders9
Well, lets see how they fare when the lights go out.

Environmentalists will resort to their proven three point plan:

1.) Punish the innocent.
2.) Reward the guilty.
3.) Bestow praise and honor on the non-participants.

3 posted on 10/05/2012 5:22:05 AM PDT by Lonesome in Massachussets (Orwell in the throes of a demonic possession could not have come up with the "tuck rule".)
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To: DeaconBenjamin

A problem the British government created. And do people think they’ll solve it?


4 posted on 10/05/2012 5:22:53 AM PDT by HarleyD
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To: DeaconBenjamin
And now, Britain may have to expand its trans-English Channel power connection using the HVDC Cross-Channel power line to get more power from France--a country with an excess of power production thanks to its large number of nuclear power plants operational in the country.

It's now high time to commercialize the liquid fluoride thorium reactor technology so we have a safe form of large-scale electric power generation for the immediate future.

5 posted on 10/05/2012 5:53:53 AM PDT by RayChuang88 (FairTax: America's economic cure)
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To: HarleyD

I dont think its a problem the British Government created, but it is a problem they have failed to address. And that is because the specific lobby groups that are against each form of energy production are individually much stronger than the general public’s will to have electricity.


6 posted on 10/06/2012 4:16:28 PM PDT by Vanders9
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