Friday, 9 March 2012

Power Cuts In The UK Are Now Unlikely - #Bloomberg New #Energy #Finance

Weak demand and new gas-fired power plants coming on-stream by 2016 should keep the lights on in Britain for the rest of this decade. 

UK Power cuts predicted to the end of this decade will be avoided thanks to increased energy efficiency, the economic recession, renewable energy resources and a new generation of gas fired power plants.

The good news comes from an influential new white paper published by analyst firm Bloomberg New Energy Finance (BNEF).

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