19.FEB.2013Behind the UK energy regulator's warning lies a global problem: volatility and uncertainty
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"If you can imagine a ride on a roller-coaster at a fairground, then this winter, we are at the top of the circuit and we head downhill - fast." Not the words you want to hear from the Chief Executive of Ofgem about the UK's energy supplies.
Next month 10% of the UK electricity supply capacity (from coal and oil) will be decommissioned to meet carbon and air pollution targets, cutting out two-thirds of the spare capacity. This is just one of the latest factors hitting UK energy security.
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