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Tories go nuclear, promise to prop up carbon price
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pcernie
Legend
Joined: Sun Apr 26, 2009 12:30 pm Posts: 45931 Location: Belfast
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 |  |  |  | Quote: The UK faces at least two years of peak-time power cuts in five years, despite the Conservatives' pledge to revive nuclear power.
The Tories' energy policy was published Friday, and while a revived nuclear commitment provides some of the promised "energy security", it won't come in time. And amazingly, the party has committed to prop up the carbon price.
By 2015 the high cost of complying with EU environmental compliance will have taken out a third of the UK's coal capacity - the power companies would rather close than comply - followed by two thirds of its oil powered generating capacity by 2020. Nuclear provides 14 per cent of UK electricity today, but all but one of the current generators are due to close by 2022.
That means cuts - or in the ministry's jargon "expected energy unserved" - in just five years' time.
The Tories note that by 2017, the 3GW hour shortfall will mean "a 15 minute power cut for every household in Greater Manchester, every winter night for a month".
Gas will need to fill the gap - almost all of which is imported.
The Conservatives have vowed maintain the EU's 20 per cent renewable target, and reiterated the Millipledge to mandate unproven Carbon Capture and Storage (CCS).
Strangest of all, the party has committed to prop up the price of carbon. Carbon trading is the Kyoto solution to get the energy companies on the global warming bandwagon, and many have indeed signed up.
But the price of carbon is volatile - it's fallen to €1 per tonne, and this week two exchanges (France and the Nordics) were suspended.
"The experience of the ETS has been of such price volatility and market uncertainty that it has had the opposite of its intended effect: it has made long-term investments more risky and therefore more costly, and so less likely to be made," explains the strategy document.
The Tories plan to do this by revising an energy tax, the Climate Change Levy, paid by energy suppliers. This would kick in when European carbon price fell below the desired level.
Of course, energy companies will pass on the cost to the punters. You can see why Tory party faithful call the front bench "BluLabour". |  |  |  |  |
http://www.theregister.co.uk/2010/03/21 ... gy_policy/Jesus, what a mess...
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Sun Mar 21, 2010 6:51 pm |
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belchingmatt
I haven't seen my friends in so long
Joined: Fri May 15, 2009 3:16 am Posts: 6146 Location: Middle Earth
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I'm glad I don't live in Manchester. 
_________________ Dive like a fish, drink like a fish!
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If one is diving so close to the limits that +/- 1% will make a difference then the error has already been made.
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Sun Mar 21, 2010 7:02 pm |
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Linux_User
I haven't seen my friends in so long
Joined: Tue May 05, 2009 3:29 pm Posts: 7173
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WTF have Labour been doing since 1997 with regard to planning for future capacity? Sitting on their hands? 
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Sun Mar 21, 2010 7:40 pm |
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belchingmatt
I haven't seen my friends in so long
Joined: Fri May 15, 2009 3:16 am Posts: 6146 Location: Middle Earth
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It's obviously the fault of the Tories before them. 
_________________ Dive like a fish, drink like a fish!
><(((º>`•.¸¸.•´¯`•.¸><(((º> •.¸¸.•´¯`•.¸><(((º>`•.¸¸.•´¯`•.¸><(((º>
If one is diving so close to the limits that +/- 1% will make a difference then the error has already been made.
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Sun Mar 21, 2010 8:12 pm |
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Linux_User
I haven't seen my friends in so long
Joined: Tue May 05, 2009 3:29 pm Posts: 7173
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You say that but there will be people in this Country who would actually believe that. 
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Sun Mar 21, 2010 8:16 pm |
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belchingmatt
I haven't seen my friends in so long
Joined: Fri May 15, 2009 3:16 am Posts: 6146 Location: Middle Earth
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Corrected for accuracy. It has been mentioned many times that Thatcher and the Tories screwed the country. Whether you agree to that or not has no real relevance because it isn't like Labout have just taken over, they've been in for 13 years as you mentioned. If that isn't time enough for decent planning then what is?
_________________ Dive like a fish, drink like a fish!
><(((º>`•.¸¸.•´¯`•.¸><(((º> •.¸¸.•´¯`•.¸><(((º>`•.¸¸.•´¯`•.¸><(((º>
If one is diving so close to the limits that +/- 1% will make a difference then the error has already been made.
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Sun Mar 21, 2010 8:41 pm |
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eddie543
Occasionally has a life
Joined: Thu Apr 23, 2009 9:53 pm Posts: 447 Location: Manchester
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Corrected for accuracy. It has been mentioned many times that Thatcher and the Tories screwed the country. Whether you agree to that or not has no real relevance because it isn't like Labout have just taken over, they've been in for 13 years as you mentioned. If that isn't time enough for decent planning then what is?[/quote] Brown would say another term....... I'm sure that labour do have plans for this issue, not the most friendly proposals but they have talked about nuclear, gas and coal as main sources by 2022. Also that power cut every 15 mins in greater manchester is complete balderdash since we will import the deficit. I think a big problem for the country is you have a media who is constantly looking to blame someone for something and you have politicians spending more time and energy avoiding blame than actually doing something. If we stopped bothering about the blame and just accept error and get on looking for the solution.
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Mon Mar 22, 2010 2:48 am |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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Technically the power companies are responsible though the fact that the Tories did not mandate the energy companies responsibilities at privatisation does not help. Also never underestimate a government sitting on its hands till there is a crisis then rolling out a nuclear option.
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Mon Mar 22, 2010 7:45 am |
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dogbert10
Doesn't have much of a life
Joined: Thu Apr 23, 2009 8:23 pm Posts: 638 Location: 3959 miles from the centre of the Earth - give or take a bit
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I founf this story amusing: Wind farms produce 'fifth of expected electricityMakes a mockery of all these so-called experts have been saying about using wind farms to generate power.
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Mon Mar 22, 2010 7:48 am |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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They really should not get subsidies and non green power generation should be hit with a carbon tax that puts renewable power on a equal basis to coal or nuclear. The nuclear generators should pay the same figure except to cover the decommissioning of the plant. It is too risky to leave a power generator to clean up the decommissioning themselves. They could go bust and leave the tax payer liable. It is easy to manipulate such an event.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Mon Mar 22, 2010 8:38 am |
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paulzolo
What's a life?
Joined: Thu Apr 23, 2009 6:27 pm Posts: 12251
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Power companies which are not owned by UK companies either. And, yes, I blame the Tories. They sold off nationalised industries to the highest bidder and the 1980s, setting us up for a fall which some here seem only now to be waking up to. Energy suppliers are part of our infrastructure and part of our national security. The fact that a business with foreign interests owns and runs parts of the set up should surely ring alarm bells. After all, would you privatise the military and let a foreign business operate and run it? That would surely be idiotic. We need to re-nationaise core infrastructure services, and make them answerable to the UK people, not directors and shareholders in other territories. At the moment, we have been weakened by this, and had the Conservatives been in power over the last 18 years does not mean that the situation would be any better, or less precarious than it is now. I would argue that it could even be even worse.
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Mon Mar 22, 2010 6:14 pm |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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That would cost a lot. Better to regulate them out of business. Make sure that the profits can never be repatriated abroad until they have security of supply. Then once the normal costs of business drive the share prices down then nationalise them at the lowest possible price.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Mon Mar 22, 2010 6:41 pm |
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Linux_User
I haven't seen my friends in so long
Joined: Tue May 05, 2009 3:29 pm Posts: 7173
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I see no problem with selling off the power industry, why? I'll tell you.
Firstly, it's not in their interest to cut the nation's supply of energy off.
Secondly, even if they did then we just send the army in to restore power (since it's still generated within the UK) and sort out the legal mess later.
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Tue Mar 23, 2010 2:36 am |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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No but it is not in their interest to have any spare production capacity either. So we could have power cuts which are not planned for.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Tue Mar 23, 2010 7:46 am |
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Linux_User
I haven't seen my friends in so long
Joined: Tue May 05, 2009 3:29 pm Posts: 7173
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Sure it is - the French have lots of spare capacity - they sell it to other countries (such as the UK).
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Tue Mar 23, 2010 4:31 pm |
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