Tuesday, October 22, 2013

UK Will Be Facing Power Cuts


According to Alistair Buchannan, chief executive of Ofgem the UK faces a power supply issue within the next five years.

Within the next three years the spare capacity in the UK system will shrink from 14% to 5%, which is an uncomfortably tight margin.

Over the next few weeks 10% of the UK’s capacity shuts down as older coal fired and oil power stations reach the end of their life. This is due to the EU mandate that states the power stations have to close after reaching 20,000 hours of operating time .... http://undergroundmedic.com