How quickly does the UK need additional power stations?
This is the view recently from the IMechE:
"Retiring nuclear power stations and a planned coal phase-out could leave the UK facing a huge electricity supply gap by 2025. Britain Needs 30 Gas Plants by 2025 to Fill Power Supply Gap. We haven’t got a prayer of building the plants we need to avert potential calamity in just ten years.”
Interestingly, that comes out at a time when Volvo has announced they intend to have an electric motor in every model by 2019.
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That's why Hinkley Point is so important and foreign governments and major foreign companies have got the UK over a barrel right now. If we imagine a sudden increase in electric cars or part-electric hybrids over the next decade, it's not difficult to see that we may have very difficult times ahead due to both a lack of foresight and a lack of investment in British engineering over the last half-century.
I'm having a real difficulty with the notion that our government does not want to be in the EU yet wants to have free trade deals with major players in the global marketplace but when we need a big construction project to be undertaken, we have to ask other countries, (curiously, in the EU), to perform that work. How are we going to trade successfully when we have so little to offer?
Tom