29 Feb '12, 11am

Stop press! Lights will stay on during UK's 2015-20 electricity crunch. New @BloombergNEF white paper:

The economic slowdown means Britain should be able to retire old coal, oil and nuclear power plants on schedule, without risking black-outs between 2015 and 2020. And the current “dash for gas” is likely to be the last we see. London, 29 February 2012 – The UK’s electricity sector should be able to negotiate the coming decade without the widely predicted capacity crunch as old power stations close. Analysis by Bloomberg New Energy Finance, published in a White Paper on its website today, shows that weak power demand, improving energy efficiency and lifetime extensions for nuclear plants will mean the country is on track to keep the lights on through the critical years between 2015 and 2020. The new study by the world’s leading provider of analysis of clean energy and water markets finds that a combination of increased renewable energy capacity, along with already-planned, ...

Full article: http://www.bnef.com/PressReleases/view/194

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