Tuesday 21 September 2021

Diverse Solutions to the UK Energy Crisis?

The UK's small energy suppliers are going bankrupt, due to the rocketing price of natural gas. People had been encouraged to 'shop around' for the best deals. The small suppliers had attempted to entice new clients by offering fixed, low price deals, when gas prices were much lower. The suppliers now can't get out of these contracts. We are told that the energy price hike is due to UK's privatised Centrica storing little gas, the wind failing to blow for the turbines, Russia limiting the supply of gas, the fire damage to the cable supplying electricity from France etc, etc. Government say there is no crisis and the lights will not go out. The response in different sections of the media has been predictably diverse. The Guardian maintains that Britain's energy supply ministers should have speeded up the domestic provision of zero carbon power (https://www.theguardian.com/commentisfree/2021/sep/20/the-guardian-view-on-an-energy-price-shock-a-crisis-in-the-making ). That paper claims the UK government have slowed down the transition to zero carbon power. 'Greenhouse gas' emissions from UK homes, are higher today than in 2015. The Guardian is also unimpressed by the government's net zero pledge, dismissing it as public relations. A contrary view is presented in The Telegraph where it is claimed that a rejection of gas and nuclear power 'will leave us sitting in the dark and cold' (https://www.telegraph.co.uk/opinion/2021/09/20/letters-rejecting-gas-nuclear-energy-leaves-us-sitting-dark/). A letter writer accuses the UK government of 'buying wholesale into climate alarmism'. This diversity of viewpoint, in the host country, doesn't auger well for COP26 in Glasgow. Neither opinion group seems convinced that we have a solution for energy supply to UK homes and industries. Worryingly, their 'solutions' are diametrically opposite.

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