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Are We Heading for Blackout Britain?

  • Policy on renewables will on average cost households £466 a year by 2020. Costs may increase due to subsidy caps being breached.

  • EU legislation has closed 12 GW of baseload capacity since 2012. UK winter margins are now 0.1% without emergency measures.

  • The Capacity Market has failed to attract new gas fired power stations. New gas plant equated to just 10% of the Capacity Market’s gas contracts.

  • Low wind, unplanned nuclear closures, an interconnector outage and high energy demand led to prices spiking from £40/MWh to £999/MWh on 14 September.

  • The UK is depending on growing foreign imports of electricity, which have risen by 30% in two years. National Grid’s role in this must be examined.

  • Following the abolition of DECC, a new Energy Bill is needed to prioritise costs, competitiveness and security of supply. 

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Are We Heading for Blackout Britain?

Daniel Mahoney, Tony Lodge and Tim Knox - Thursday 29th September 2016

Daniel joined the Centre for Policy Studies as Head of Economic Research in November 2015. He was promoted to Deputy Director in March 2017. Prior to joining the CPS, he worked in research roles for a number of parliamentarians.

Tony Lodge is a political and energy analyst. He is a former Editor of the European Journal and a former Chief of Staff to the Shadow Attorney General and Shadow Secretary of State for Constitutional Affairs. He has written regularly in the national and international media and appeared on national TV and radio covering energy policy issues.

Tim Knox was Director of the CPS from 2011-2017. Before he was Director, Tim was the Editor at the CPS - a position in which he was responsible for publishing papers by every Conservative leader since Mrs Thatcher as well as by hundreds of leading academics and opinion formers.