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41528
KEY PLAYER IN ENERGY SECURITY - GOVERNMENT (THE UK ENERGY BILL 2012)
Description
Geography (ENERGY SECURITY) Mind Map on KEY PLAYER IN ENERGY SECURITY - GOVERNMENT (THE UK ENERGY BILL 2012), created by beth.nightingale on 09/04/2013.
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energy security
geography
geography
energy security
Mind Map by
beth.nightingale
, updated more than 1 year ago
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Created by
beth.nightingale
over 11 years ago
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Resource summary
KEY PLAYER IN ENERGY SECURITY - GOVERNMENT (THE UK ENERGY BILL 2012)
By 2020, more than £7.5bn available to invest in non-carbon generation
Households will pay more - 10% bills going towards renewables
Average of an extra £95/year bill
Ed Davey says this is cost effective in the long term as price of fossil fuels rises and cost of renewables goes down
No 2030 target to decarbonise supply - revisited in 2016
Businesses have no reassurance about security of long-term returns on investments made today - could jeopardise investment in offshore wind
Gas fired power stations with 40 year lifespan guaranteed - belief that global gas prices will fall and cost cushioned by fracking
Return to nuclear
No commitment to cutting energy consumption
UK expecting a two thirds rise in demand (Germany - Europe's manufacturing heartland - projecting a decline of one quarter)
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