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11.03.2011 13:52
UK National Grid Wants Government to Intervene in Energy Market
It is predicted that the UK will need to increase installed capacity of electricity generation from 75 GW today to 100 GW by 2030

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Steve Holliday, the chief executive of National Grid, says that government intervention in the energy market will be the crucial factor in determining if the UK can meet targets for energy demand and reduction of carbon emissions, the Guardian reported.

Holliday says that the government must create the right incentives to invest in renewable power generation, and encourage a viable mix of energy. Holliday says 2011 is a pivotal year, which will see huge changes, with the UK energy infrastructure needing urgent rejuvenation.

Holliday pointed to the lack of co-ordination for how windfarms should be connected to the National Grid, with plants being connected on an ad hoc basis currently. With a coherent plan in place, the cost of connections could drop by some GBP 3bn (EUR 3.53bn) to GBP 5bn, money which could be spent making the grid 'smarter' by allowing utilities to manage electricity demand by taking control over household electrical appliances.

It is predicted that the UK will need to increase installed capacity of electricity generation from 75 GW today to 100 GW by 2030, to meet demand, though many current coal and nuclear plants are coming toward the end of their lives, and will need to be replaced.

TAGS: UK | national grid | energy market | capacity increase | wind power 

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