Cheap Coal, EU Rules Threaten British Energy Crunch
From Reuters
Britain could face an energy supply crunch this decade as cheap coal encourages plant operators to race through generation hours before new EU environmental rules come into force, then shutter generating capacity ahead of schedule next year.
High gas prices and lack of clarity on incentives for investment in renewable energy are meanwhile seen hampering plans to replace about a fifth of the country”s electricity generation with cleaner alternatives over the next 10 years.
