We must do away with Ofgem and the National Grid’s role as electricity system operator and create a single, independent Strategic Energy Authority
The UK is not immune from the risks of energy rationing. An Energy Security Contingency Plan that deals with the threat of shortages and rising costs has to be a number one priority.
With the global population exploding and relative power of the west declining, we should reduce our dependence on the kindness of strangers.
The importance of having a reliable baseload of firm power remains essential to the energy mix.
While the pandemic has been challenging for the National Grid, it also presents the perfect opportunity for change.
The tactic is the product of a generation of failed energy policies. But imported supply is set to become more expensive, not less.
Combined with windfall taxes on both fossil fuel and renewable energy generation, Britain’s business tax regime is getting less, not more, competitive.