Article V0KQ Gas, costly nuclear?

Gas, costly nuclear?

by
Nils Pratley
from on (#V0KQ)

The energy secretary's announcement of a 'new energy model' leaves just as many questions as there were before

Amber Rudd's "new model" for the UK's energy market looks very like the old model. It is a mix of the legally necessary, the uncertain and the expensive.

At least it was served with an amusing garnish - the idea that government will one day be able to step back and let market forces supply the nation's energy needs. Pull the other one. In the age of nuclear, renewables and internationally binding targets for reducing carbon dioxide emissions, energy infrastructure only gets built when the government agrees subsidies and sets economic incentives. Energy secretaries will be in the "reset" game for years.

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