Tuesday, 12 July 2016

HAVING FORCED COAL POWER STATIONS TO CLOSE THE UK GOVERNMENT IS NOW PAYING THEM TO STAY OPEN

This piece explains what is going on in the strange Alice in Wonderland world of the UK energy market today. The government, having tried to show their 'green' credentials by closing coal-fired electricity generating plants early, are now waking up to the reality that they will not have sufficient generating capacity to keep the lights on in the depths of a cold snap, so they are paying these same coal-fired generating plants to stand by to add their supply to the grid. You just could not make it up, as they say!

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