Energy supplies have hit the headlines again. Long-term projections highlight a narrowing margin in the supply and demand balance around the middle of the decade. Most of the reasons are widely trailed: coal plant is closing thanks to the strictures of the Large Combustion Plant Directive and nuclear is coming to the end of its life. Uncertainty over Electricity Market Reform and the Energy Bill and an increasing lack of clarity over the roadmap to green energy have not helped bring investment into the industry.
It works both ways
