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UK energy policy - Red warning lights
UK Energy Policy has Red Warning Lights Flashing
- Centrica has postponed all plans to construct Gas Fired Power Stations pending clarification of Government Policy and Pricing post 2015 election;
- Nuclear Construction Consortium is approaching a critical decision point to proceed or withdraw from new construction, as argument with UK Treasury over energy pricing reaches impasse;
- Tax Incentives for Infrastructure Construction have been withdrawn; and
- The former Energy Minister is now in Prison for falsifying Penalty Points on his Driving Licence (he was a keen proponent of Wind Farms!).
The implication is that a coherent implemented Policy of Construction will not be in time to compensate for existing Plant closures leading to deficit in Energy availability versus demand in 2020 onwards.