Power demand surge forecast
Thursday 20 April 1995
The improved forecast came in the annual statement that projects demand for the next seven years issued by the National Grid Company, which transmits electricity throughout England and Wales.
The predictions, based on information from the 12 regional electricity companies, show demand increasing by 1.5 per year on average to 2001/2002 compared with previous forecasts of 1.3 per cent a year. John Uttley, NGC finance director, said: "I think it is a sign of confidence in the economy."
The report also shows that electricity generating capacity could outstrip demand by up to 40 per cent by 2001. The likely excess capacity is less than this, as plans for some new power stations may not go ahead. There may also be more unexpected closures of older plants.
Over the last 12 months, the NGC has signed transmission contracts for three new gas-fired power stations and for Nuclear Power's proposed Sizewell C station in Suffolk. The contract with state-owned Nuclear Electric shows the company's determination to proceed with the £3.5bn Sizewell C plant. If funding can be secured, the power station will come on stream in two phases in seven and nine years' time.
The seven-year statement shows sharp differences between the north and south of the country. In 1995/96 generation far outstrips demand in the North, but in the South there is not enough local generation to meet demand. The costs of having to move large amounts of electricity around the country forces the NGC to charge northern generators as much as 15 per cent more to use the system.
Geoffrey Macnab reviews American Hustle, also starring Christian Bale and Bradley Cooper
newsFormer soldier taped 33 of the animals to the floor and then stamped on them one by one
Michelle Nijhuis' daughter insists (s)he is, and she learnt a valuable lesson on gender in books
news Opponents claim it would stop performers such as Beyonce and Madonna appearing on TV
It takes a platoon of chefs, litres of brandy and rum, and almost 100kg of dried fruit
food + drink
Sun will 'flip upside down' within weeks, says Nasa
Iain Duncan Smith leaves Commons food banks debate early
Cycle death inquest: Boyfriend hugs driver of 32 tonne tipper truck that killed his girlfriend
Paul Walker death caused by speed alone
Scores injured after partial ceiling collapse at Apollo Theatre in London's West End
- 1 America's 'virgin births'? One in 200 mothers 'became pregnant without having sex'
- 2 27 animals died during filming of Hollywood blockbuster The Hobbit: An Unexpected Journey, says report
- 3 Sun will 'flip upside down' within weeks, says Nasa
- 4 Christmas comes early: Justin Bieber is 'retiring from music'
- 5 Iain Duncan Smith leaves Commons food banks debate early
- < Previous
- Next >
iJobs Money & Business
£500 - £650 per day: Harrington Starr: Harrington Starr is working with a Glob...
£27000 per annum: Harrington Starr: Junior Consultant (Excel, Financial Spread...
£500 - £600 per day: Harrington Starr: .NET Quantitative Developer - Contract ...
£55000 per annum: Harrington Starr: Technical Operations Analyst (UNIX, Linux,...