Isn't it great. Billions of pounds worth of infrastructure that is basically useless when you need it. Then, with the leasing out of sites for nine giant offshore wind farms, there was Gordon Brown’s equally timely relaunch of his “£100 billion green revolution”, designed, in compliance with EU targets, to meet a third of Britain’s electricity needs. This coincided with windless days when Ofgem was showing that our 2,300 existing turbines were providing barely 1/200th of our power. In fact, 80 per cent of the electricity we used last week came either from coal-fired power stations, six of which are before long to be closed under an EU anti-pollution directive, or from gas, of which we only have less than two weeks’ stored supply and 80 per cent of which we will soon have to import on a fast-rising world market. In every way, Mr Brown’s boast was fantasy. There is no way we could hope to install two giant £4 million offshore turbines every day between now and 2020, let alone that they could meet more than a fraction of our electricity needs. But the cost of whatever does get built will be paid by all of us through our already soaring electricity bills – which a new study last week predicted will quadruple during this decade to an average of £5,000 a year. This would drive well over half the households in Britain into “fuel poverty”, defined as those forced to spend more than 10 per cent of their income on energy. |
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