Such is the consequence of a free market energy policy. Eon and RWE’s decisions to cancel their UK nuclear programmes may not have pulled the plug entirely on plans for new nuclear plant, but they have seriously undermined them.
It follows hard on the heels of Germany’s decision to phase out nuclear plant, after the near melt-down at Fukushima, Japan. The UK energy companies’ reluctance to build new coal plant, or to embark on refurbishing many existing plant to higher environmental standards, has struck another body blow at Britain’s energy policy – such as it is. Renewables have not made really significant headway, just as energy conservation remains the Cinderella of the Coalition government’s policy approach. All that remains is a second dash for gas and possible shortages of capacity in just a few years’ time.
The contrast with energy policy developments in China could not be greater, especially with the new sustainable development approach embodied in China’s 12th Five Year Plan.
