As Coal Plants Shut Down, United Kingdom Faces A Power Crunch

Ask yourself this. Had it been the other way around, would President Obama be backing us? We are currently involved in two major diplomatic disputes, one with Spain and one with Argentina. In the first, the Obama administration is studiously neutral. In the second, as Nile k eeps pointing out , it leans toward Argentina. Obama, as I’ve blogged before, is the least pro-British president the US has had since the nineteenth century. Our alliance with the United States is far larger than what happens to suit is present Commander in Chief. You won’t find a stronger supporter of the Anglo-American alliance than me. The readiness of the English-speaking peoples to fight side by side is perhaps the strongest force for liberty in the world. It defeated the Nazis. It defeated the Soviets.

Picture of an aerial view of London at dusk

Also, Newbery said power companies could be asked to exceed their capacities during peak periods, or conversely, to reduce voltages by 3 to 5 percent in certain areas to keep the grid stable. Gas Plants in a Holding Pattern Currently, the United Kingdom gets 30 percent of its electricity from gas-fired plants, but that’s expected to rise to 60 percent. Some existing gas plants that had closed or reduced operations could come back , and new additions are expected. “Constructing a gas plant is fairly simple,” said John Mitchell, an associate fellow for energy, environment, and resources at the Royal Institute of International Affairs. “It’s an easy add-on.” A new gas plant typically takes just 18 months to build. The U.K. already has in place a gas distribution infrastructure that could handle the extra demands, Mitchell says, and it also has sufficient terminals to handle additional liquid natural gas (LNG) imports. (See related story: ” U.K. Dash for Shale Gas a Test for Global Fracking .”) But outside the United States, gas prices are high, so an increase in LNG imports would likely hit British consumers hard. And power suppliers are for now dragging their feet on constructing new plants, mainly because of uncertainty over what will be in the final version of a new energy bill slowly working its way through Parliament. That bill is designed to unleash 110 billion ($172 billion) of investment for new generating capacity.

U.S. Relations With United Kingdom

Finance Mon, Sep 9, 2013, 5:43 AM EDT – U.S. Markets open in 3 hrs 47 mins The United Kingdom Oil Markets, 2013 Press Release: Reportlinker Wed, Jun 26, 2013 12:15 PM EDT The United Kingdom Oil Markets, 2013 Summary This profile is the essential source for top-level energy industry data and information. The report provides an overview of each of the key sub-segments of the energy industry in The United Kingdom. It details the market structure, regulatory environment, infrastructure and provides historical and forecasted statistics relating to the supply/demand balance for each of the key sub-segments. It also provides information relating to the crude oil assets (oil fields, FPSOs, FSOs, refineries, pipelines and storage terminals) in The United Kingdom . The report compares the investment environment in The United Kingdom with other countries in the region. The profiles of the major companies operating in the crude oil sector in The United Kingdom together with the latest news and deals are also included in the report. Scope – Historic and forecast data relating to production, consumption, imports, exports and reserves are provided for each industry sub-segment for the period 2000-2020. – Historical and forecast data and information for all the major oil fields, refineries, pipelines and storage terminals in The United Kingdom for the period 2005-2017. – Operator and equity details for major crude oil assets in The United Kingdom. – Key information relating to market regulations, key energy assets and the key companies operating in the The United Kingdom’s energy industry. – Information on the top companies in the The United Kingdom including business description, strategic analysis, and financial information.

The United Kingdom Oil Markets, 2013

Andrews Agreement. U.S. Assistance to the United Kingdom The International Fund for Ireland (IFI), created in 1986, provides funding for projects to generate cross-community engagement and economic opportunity in Northern Ireland (the United Kingdom) and the border counties of Ireland. Since the IFI’s establishment, the U.S. Government has contributed over $500 million, roughly half of total IFI funding. The other major donor to IFI is the European Union. Bilateral Economic Relations The United Kingdom is a member of the European Union and a major international trading power. The United Kingdom is one of the largest markets for U.S. goods exports and one of the largest suppliers of U.S. imports. The United States and the United Kingdom share the world’s largest bilateral foreign direct investment partnerships. The United Kingdom is a large source of foreign tourists visiting the United States.