KEY PLAYER IN ENERGY SECURITY - GOVERNMENT (THE UK ENERGY BILL 2012)

beth.nightingale
Mind Map by , created over 6 years ago

Geography (ENERGY SECURITY) Mind Map on KEY PLAYER IN ENERGY SECURITY - GOVERNMENT (THE UK ENERGY BILL 2012), created by beth.nightingale on 04/09/2013.

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beth.nightingale
Created by beth.nightingale over 6 years ago
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KEY PLAYER IN ENERGY SECURITY - GOVERNMENT (THE UK ENERGY BILL 2012)
1 By 2020, more than £7.5bn available to invest in non-carbon generation
1.1 Households will pay more - 10% bills going towards renewables
1.1.1 Average of an extra £95/year bill
1.1.1.1 Ed Davey says this is cost effective in the long term as price of fossil fuels rises and cost of renewables goes down
2 No 2030 target to decarbonise supply - revisited in 2016
3 Businesses have no reassurance about security of long-term returns on investments made today - could jeopardise investment in offshore wind
4 Gas fired power stations with 40 year lifespan guaranteed - belief that global gas prices will fall and cost cushioned by fracking
5 Return to nuclear
6 No commitment to cutting energy consumption
6.1 UK expecting a two thirds rise in demand (Germany - Europe's manufacturing heartland - projecting a decline of one quarter)

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