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EU energy policy: World’s most expensive failure?

Roger Helmer MEP

The EU has a climate and energy policy designed to deliver a 20% reduction in CO2 emissions by 2020, and an 80% reduction by 2050.  So it was very interesting to attend a presentation by Eurelectric, the association of the European electricity industry on Tuesday,  organised and hosted by my good friend Slovenian MEP Romana Jordan, where we were briefed by Eurelectric and by the EU’s official statistical body Eurostat  on “Power statistics and trends 2013”.

We heard that European electricity demand in 2012 was flat, after a 2% reduction in 2011 from 2010.  This is the result not of energy conservation or eficiency, but of the recession.  Meantime so much subsidy has been thrown at renewables that total generating capacity is increasing.  This contrasts, of course, with the UK situation where existing gas capacity has been mothballed because gas cannot compete with heavily subsidised renewables, and coal-fired power…

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