Energy UK is a lobbying organisation. It doesn't represent the consumer's interest. Its current CEO was a WWF staffer.
Knight is misleading. Economy7 was offered to consumers because of a predictable SURPLUS of power at night. Time-of-Day pricing is proposed to manage shortage.
The idea that this problem is going to be easily solved by pumping a bit more gas and trying to get an unproven reactor technology commercialised is also misleading.
The problems are policy, capital, and politics.
The government is going to find it hard to undo their own work.
You may think I am being harsh, but it was *clear* eleven years ago that the entire industry was talking to itself about rationing.
And how great it would be.
Here is the full dialogue referred to, in 2011...
Could it be any clearer?
" 25% of all the power stations in the UK will shut by 2020. Almost half will disappear by 2030. And the decisions that government are going to make this year, about the way the energy market works, are crucial."
Spoiler: the government (three of them, in fact) made the wrong decisions.
"They've got to be the right decisions, to make sure that new generation stations are built."
If only people had listened, eh?
"At the same time, our networks are now 50, 60 years old, and we need to be replacing, and modernising and smartening those, and there are decisions around those investments that are actually going to be made in 2011."
They weren't made.
In short - Knight isn't telling Farage anything that wasn't known in 2011.
Coincidentally, I was telling him the same in 2011, too.
Between 2011 and 2020, UK generating capacity fell from 81.8 GW to 64.8 GW, with a significantly increased proportion of the latter being intermittent capacity.
Today's situation was clearly going to happen.
Politicians simply could not destroy energy infrastructure fast enough.
They all wanted to be the ones who were remembered for destroying coal power, not as the ones who replaced it with meaningful -- reliable, affordable, continuous -- alternatives.
Because they really are very stupid people.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
Shame on any infant, jingoistic journalist who takes *any* government's statements at face value. Especially a government whose FS doesn't know the difference between the Baltic and the Black Sea.
Perhaps he is too young to remember Iraq, Afghanistan, Syrial, Libya... 45 minutes. Dodgy dossiers. Mysterious deaths. Tanks at Heathrow. The rollback of civil freedoms and legal rights. And much more.
But then again, if he can't remember, why is he a political correspondent?
The ignorant brat hack is not in a position to call shame on any other *actual* journalist.
The North Sea comes to the rescue of Britain's ailing economy, once again...
Which is a massive disappointment to all those who prefer the politics of the 1970s -- the blackouts, the industrial disputes, the battles, the malthusian and anti-human philosophy, poverty...
@PaulEmbery There was not much wrong with the energy market before the European and cross-party consensus on climate & energy policy emerged to ruin it. NB: '95/'96 methodology change.
Aside Beijing Barry's questionable statistical claims, the claim that abolishing VAT on domestic energy would "benefit" wealthier people more defeats itself.
Gardiner has been at the centre of domestic, EU and global green policymaking, and bears responsibility for the crisis.
If the amount poorer households pay for energy is "more" (as a proportion of their income) than what wealthier households pay, then the 5% VAT is of greater significance to them than to their richer counterparts.
But of course, green zealots are no friends of arithmetic & logic.
If you want to know more about the strange relationships between the CCP and the UK's carbon technocrats -- many of which were appointed under the post-97 Labour governments -- read @DavidRoseUK's recent Unherd piece... unherd.com/2021/12/does-t…