2 for 1 at Pizza Express


North Sea energy stocks are dwindling. Oil prices have been volatile. Britain’s nuclear and coal-fired plants are due for increasingly rapid decommissioning. And all this at a time when domestic energy demand is projected to rise just as Britain tries to cut its carbon emissions to those levels agreed at Kyoto. It is therefore encouraging that, as we report today, the government is at last prepared to grasp the nuclear nettle.
Nuclear energy is an emotive subject, and it was politically understandable, though democratically lamentable, that the Prime Minister wanted to avoid it until after this year’s general election. But, stripped of emotion, the position is stark. Britain’s 12 ageing nuclear power stations provide a fifth of the country’s energy needs. Yet all but one will be out of business by 2023. Many coal-fired plants, which produce another 30 per cent, fall foul of Brussels rules on clean air and will also be shutting down over the next two decades. By then, Britain will need to find 50 gigawatts of new capacity. Given the lead time for any successor plants to be designed, approved and phased in, decisions need to be made in the next year or two.
One of the looming problems for the Government is self-made. It has allowed the vacuum over its nuclear policy to be filled by hopes for the possibilities of wind power and other renewables that are bit-part players. Those who believe giant turbines can close the energy gap are thinking with their hearts rather than their heads. Wind power, by definition, depends on the wind blowing not too weak and not too strong. Wind farms run well below their capacity, (around 15 per cent in Germany). And they are unlikely even to be up to the job of providing 10 per cent of our electricity by 2020, the Government’s target.
There will inevitably be an ugly political battle, but it is winnable. The ace is climate change. For those concerned about global warming, nuclear power is the logical step. It is clean, carbon-free, and it is relatively cheap — up to a third of the price of fossil fuels and nearly half the price of wind power per kilowatt-hour. New pressurised water reactors produce a tenth of the waste of the current reactors, (though what to do with that waste needs to be addressed, as does the security of any new plants, given the new terrorist threat.) But shut-down technology should make another Chernobyl disaster impossible. If new reactors are sited at current power stations, planning battles with local communities will be minimised.
Mr Blair should continue to encourage renewable sources. The potential of wave power and tidal waters should be explored; and there must be much more research into making the storage of solar energy more efficient — Sharp, the Japanese electronics company, claims to be close to a breakthrough in this area. But in the meantime he should ask the Nuclear Installations Inspectorate to begin examining existing nuclear sites for future use. Nuclear reactors may not be what Mr Blair has in mind when he thinks of his legacy. But the next generation would thank him for this initiative.
Industry sectors news at a glance. Interactive heatmap, video and podcast
Everything the Business Traveller needs to know to make a better trip
Get ready for the winter sports season, with our resort guides and snow reports
We are backing British business, what is the confidence of the nation and what businesses are succeeding?
Growing demand for energy, oil that is harder to reach and the rise of carbon dioxide emissions. We examine the energy challenge
With rail travel in Europe on the rise, we review the benefits of travelling by train
In this special section we explore new food trends to help improve your dinner party and impress guests
Enjoy further reading from Travel to Fashion, Business to Sport, discover more
1998
£47,955
2004
£56,950
Essex
Check your free Experian credit report before applying
Car Insurance
£100,000
Barnardos
UK
PwC’s Consulting practice helps businesses of all shapes and sizes work smarter and grow faster
PwC
£37,000
Department for Culture, Media and Sport
London
Competitive + bonus + benefits
Manchester United
Central London
Moments from Battersea Park.
For sale with Winkworth
Find out about shared ownership.
See your free Experian credit report beforehand
Includes flights, accommodation with room upgrades, transfers city tours in Hong Kong and Bangkok.
PremierHolidays.co.uk
For your ultimate tailor-made ski holiday, click here
Get covered on your travels with a superb range of policies at great prices. Visit InsureandGo.com
Choose from the beautiful landscape and tranquil beaches of Oahu, Kauai, Maui & Big Island.
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths | Subscriptions | E-paper
News International associated websites: Globrix Property Search | Milkround
Copyright 2009 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.