Drumbeat: September 28, 2012

theoildrum.com 28 Sep '12, 1pm

Drumbeat: September 28, 2012

Posted by Leanan on September 28, 2012 - 10:55am Cheap coal, EU rules threaten British energy crunch (Reuters) - Britain could face an energy supply crunch this decade as cheap coal encourages plant operators to race through generation hours before new EU environmental rules come into force, then shutter generating capacity ahead of schedule next year. High gas prices and lack of clarity on incentives for investment in renewable energy are meanwhile seen hampering plans to replace about a fifth of the country's electricity generation with cleaner alternatives over the next 10 years. Nine UK-based coal and oil fired plants with a combined generating capacity of 11.5 GW are due to close by 2015 or when they have completed 20,000 hours of operation for coal-fired power stations or 10,000 hours for oil-powered facilities - part of European Union efforts to cut harmful emission...

Full article: http://www.theoildrum.com/node/9527

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