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Power shortage risks by 2015, Ofgem warns

ofgem gas energy

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#1    Still Waters

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Posted 05 October 2012 - 03:46 PM

Britain risks running out of energy generating capacity in the winter of 2015-16, according to the energy regulator Ofgem.

Its report predicted that the amount of spare capacity could fall from 14% now to only 4% in three years.

Ofgem said this would leave Britain relying more on imported gas, which would make price rises more likely.

The government said that its forthcoming Energy Bill would ensure that there was secure supply.

Ofgem blames the risk on coal-fired power stations being closed sooner than expected and EU environmental legislation.

http://www.bbc.co.uk...siness-19842401

Gas prices go up and up anyway.

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#2    Ashotep

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Posted 05 October 2012 - 06:46 PM

It seems like anytime there is legislation to clean up the environment gas prices goes up.  Wonder if it really has to be that way or advantage is being taken?






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