Time to Come Clean: Is Pounds 1200 a Year Value for Money? [Edition 2]
Evening Standard - London › October 15, 2009
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Summary
DID you know this winter's household energy consumer has never had it so good? Ask Steve Holliday, chief executive of the National Grid.
He won't say so in quite those terms as he is more interested in making stern warnings about the bank-breaking investment we need over the next decade to drag the UK energy industry into the 21st century.See the full content of this document
Extract
Time to Come Clean: Is Pounds 1200 a Year Value for Money? [Edition 2]
But he will tell you that the "reserve margin" -- the amount of generating capacity over and above projected consumption -- is at a 25-year high. It's the recession, of course. Consumption has plummeted 7%.
In such circum...See the full content of this document
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