Guest essay by Eric Worrall
On the first day of the new British Government, Simon Virley, UK chair of energy and natural resources at KPMG, has warned that a priority for the new government is addressing Britain’s looming energy crisis.
According to The Telegraph;
Ahead of the results of one of the closest elections in decades, Simon Virley, UK chair of energy and natural resources at KPMG, has warned of tight energy capacity in 2015 and 2016.
“The next couple of winters are expected to be among the tightest this decade in terms of electricity capacity margins due to announced plant closures; while Britain’s overall dependence on imported energy is soaring as North Sea production declines,” he said.
According to KPMG, the margin for power generation this winter could be even lower than the 4.1pc winter outlook provided by National Grid last year following the potential closure of plants at Killingholme and Longannet.
WUWT has covered Britain’s energy issues on a number of occasions. Last year a fire at Didcot Power Station cost Britain an unscheduled 3% loss of electrical generating capacity. So it might not take much of a run of bad luck, to erase Britain’s razor thin electrical safety margin.