Skip to comments.Britain faces risk of blackouts, warns Ofgem
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: "Todays 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 Britains energy industry, identified in Ofgems 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 ...
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.
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.
A problem the British government created. And do people think they’ll solve it?
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.
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.