04 Feb 2010 09:02:19
Energy security 'depends on low carbon transition'
The government yesterday (February 3rd) made clear that Britain's energy supplies are secure because of the country's transition to a low carbon economy.
Energy and climate change minister Ed Miliband responded to a critical report from Ofgem, which made clear that the government would have to intervene now in order to prevent energy shortages in the future.
However, Mr Miliband said that measures were already in place to "meet its (the UK's) security of supply needs".
He added that the Low Carbon Transition Plan guarantees "increasingly low carbon energy supplies for the medium term".
The plan, launched last July, aims to reduce carbon emissions by 34 percent on 1990 levels by 2020. This will be done through integrated change, across all sectors of the economy, including transport and industry.
Ofgem forecast in its report yesterday that an energy shortfall would increase the average household bill by 25 percent. A key part of the transition plan is that the most vulnerable households would be protected by discounts and greater powers for the energy regulator.http://tinyurl.com/n3w69x