Balance needed to ensure cheap energy in short-term - 23/02/2009
A careful balance will be needed in terms of the different sorts of generation used if cheap energy prices are to be accessible in the next few years.
The Guardian reports that Britain faces a short-term problem in energy generation as nuclear redevelopment will take up to ten years and coal power stations still present emissions problems.
Gas-powered plants and renewable energy projects could help provide cheap energy prices in the meantime, but experts have warned that an over-reliance on gas could result in increases in both consumer and business energy prices.
Paul Golby, chief executive of major energy supplier E.On UK, told the paper: "We can't become overly reliant on a single form of power generation if we're to ensure security of supply, reduce our carbon emissions and ensure energy remains affordable for our customers."
Mr Golby added that development needed to be stepped up across the spectrum of energy generation, from renewable projects through to carbon capture and storage techniques for coal power stations.
Energy supplier EDF will lead nuclear redevelopment in the UK over the coming decade.
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