Government will be able to 'keep the lights on' - Ed Davey

[cronus]

http://www.bbc.co.uk/news/business-26808580

Government will be able to 'keep the lights on' - Ed Davey

Energy and Climate Change Secretary Ed Davey says the government has a strategy that will "keep the lights on" despite concern over a diminishing buffer of electricity capacity.

Speaking to the BBC, Mr Davey said the country had the "healthiest pipeline of investment in our history".

Last year regulator Ofgem warned that spare electricity production capacity could fall to 2% by 2015.

There is also concern a competition probe could deter energy investments.

The "big six" energy firms are facing an investigation by the Competition and Markets Authority (CMA) which could take 18 months.

The probe, which was confirmed last week, will look at whether energy suppliers prevent effective competition in the UK energy market.

Centrica boss Sam Laidlaw said it would cause delays to investment and "an increasing risk" of blackouts.

(continued)

[laklak]

Depends on how you define "lights", I suppose. Dried cow shit gives a nice, warm, aromatic light when used correctly.

[pErvinalia]

I think the Con-Dems will probably burn disabled people for power if the regular sources run out.

[Clinton Huxley]

All govts for last 30 years at least have pissed about. Nimbyism + no local votes in building a power station + obsession with free market = imminent mad max style post apocalyptic Blighty.

[laklak]

Best lay in a stock of woad and sharpen the Claymores.

[cronus]

Election next year. Perfect storm brewing? Need a war as a distraction or the topping on the cake dependant on viewpoint?