Britain’s ability to keep the lights on has just been thrown into doubt by the European Court of Justice. It has ruled that the backbone of the UK’s capacity market energy scheme, which pays power stations to generate electricity, is illegal state aid and must be suspended. To call this a body blow for energy
Gavin Williamson’s warning that the Russian Bear is sizing up the UK’s energy infrastructure is important as it brings long overdue attention to a troubling drift in UK energy policy. Britain’s electricity market is increasingly slanted in favour of importing more electricity from Europe and against securing investment in new power plants at home. Billions
Britain’s railways provide a striking example of how a half-baked privatisation goes wrong. The Centre for Policy Studies today introduces a new word to the political and economic lexicon: Railopoly; noun, the exclusive possession or control of train services by a single company (public or private) which faces no competition or threat of. The private
Last month the Labour party moved two debates in the Commons pushing for Government to keep running the important East Coast Main Line (ECML) rail franchise between London King’s Cross, Newcastle and Scotland. The state has run this service since National Express East Coast was hit by the downturn in 2008 when it became unable
