Experts attack plan for energy
THE UK faces a bigger risk of power blackouts now the Government has decided to defer a decision to build new nuclear power stations until 2005, electricity industry figures have warned.
Trade Secretary Patricia Hewitt on Monday released her blueprint for renewable energy sources, such as wind farms, to replace the ageing nuclear stations which generate 23% of the UK's electricity.
But the industry warned that renewable energy sources will never be reliable enough to ensure a continuous power supply. The UK will become a net importer of oil and gas by 2010, making it vulnerable to instability in producer countries.
One senior industry source said: 'The policy has not answered the question of what happens in the middle of December if there are two weeks without wind.'
Experts say that at the very least Hewitt should have reduced the risk of blackouts by licensing the next generation of nuclear reactors, a move that would reduce the time it takes to build new plant.
Most watched Money videos
- Here's the one thing you need to do to boost state pension
- Phil Spencer invests in firm to help list holiday lodges
- Is the latest BYD plug-in hybrid worth the £30,000 price tag?
- Jaguar's £140k EV spotted testing in the Arctic Circle
- Five things to know about Tesla Model Y Standard
- Reviewing the new 2026 Ineos Grenadier off-road vehicles
- Richard Hammond to sell four cars from private collection
- Putting Triumph's new revamped retro motorcycles to the test
- Is the new MG EV worth the cost? Here are five things you need to know
- Daily Mail rides inside Jaguar's first car in all-electric rebrand
- Markets are riding high but some investments are still cheap
- Can my daughter inherit my local government pension?
-
How to use reverse budgeting to get to the end of the...
-
Civil service pensions in MELTDOWN: Rod, 70, could lose...
-
Sellers ripped carpets and appliances out of my new home....
-
My son died eight months ago but his employer STILL...
-
China bans hidden 'pop-out' car door handles popularised...
-
At least 1m people have missed the self-assessment tax...
-
Overpayment trick that can save you an astonishing...
-
Britain's largest bitcoin treasury company debuts on...
-
Bank of England expected to hold rates this week - but...
-
Irn-Bru owner snaps up Fentimans and Frobishers as it...
-
One in 45 British homeowners are sitting on a property...
-
Elon Musk confirms SpaceX merger with AI platform behind...
-
Top cash Isa rates are disappearing within days - bag one...
-
Shoppers spend £2m a day less at Asda as troubled...
-
UK data champions under siege as the AI revolution...
-
THIS is the best month to put your house up for sale,...
-
Satellite specialist Filtronic sees profits slip despite...
-
Plus500 shares jump as it announces launch of predictions...

