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clv101

Uk Energy Reports

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I've written a two part article on the recent Energy Trends report from the DTI and the Winter Outlook report from Ofgem.

UK Energy Part 1: The Winter Outlook

UK Energy Part 2: 2005 Quarter 2 Update

Energy Island

Until very recently the UK was an energy island, self sufficient in energy. This situation is changing rapidly. Domestic gas, oil and coal extraction rates are all crashing and the nuclear fleet is ageing, soon to be decommissioned. Whilst not impossible to sustain a successful economy and high standard of living on imported energy (see Japan). The rate of change could be devastating to the UK, both in terms of reduced security of supply and the negative effect on the trade deficit.

The most shocking thing is how quickly the UK is losing its historic self sufficiency in Energy. What does this mean for future energy security and our economy?

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Highlights a big failing of democracy. If it wasn't all about short term

popularity some of our oil might have been left in the ground for

a rainy day (like today) instead of exported at low prices over the

last decades.

Pent

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Energy policy in this country is getting into a mess because the government is faced by tough decisions, but this is not the kind of government that ever makes tough decisions. Their record is to have one try, with the best of intentions, then abandon the effort when they encounter resistance. Their pathetic efforts to control traffic levels is a good example of that. They dally about with improbable renewable programmes rather than face the rather unpalatable truth that a major nuclear programme, combined with some serious efforts to reduce oil dependency, are actually required. They remind me of a heap of cornered white mice all tumbling over each other trying to push the weakest forward.

I expect you have a point, clv101, that it will take a crisis before lessons will be learned. The long term prospects for the balance of payments as we become an importer - when we can't even pay our way at the moment - are not encouraging.

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They remind me of a heap of cornered white mice all tumbling over each other trying to push the weakest forward.

That's mass democracy for you. We elect charismatic psychopaths every few years rather than actual leaders who can look into the long term and plan ahead... now we're going to pay the cost.

Well, the people who can't emigrate before exit visas are imposed will pay the cost, anyway.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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