Green targets could trigger 1970s-style power blackouts
Fuel bills will soar as green targets leave Britain reliant on expensive imported gas, the energy regulator warned yesterday.
- Ofgem chief executive Alistair Buchanan issues big warning to consumers
- Power plants closing and foreign gas supplies are falling as demand rises
- Buchanan: ‘It’s likely that avoiding power shortages will also carry a price’
- Ministers will push energy firms to build new nuclear power stations with 40-year subsidies