Helm Talks - energy climate infrastructure & more

Sticky plaster energy policy is falling apart


Listen Later

Another day and another bit of sticky plaster is applied. With the highest industrial
energy prices in the developed world, the government is increasing the number of
companies that will get a bit off their bills in 2027. This follows other moves, like the
£150 off customer bills. It will not be enough, given the sheer scale of the problems.
The industrial crisis will go on; domestic bills are scheduled to go up and stay up for
the next decade; new energy-intensive inward investment (e.g. for data centres) is
being deterred; and where there are projects, own generation from gas is the route
to firm power.
The facts are not changing, and it is getting ever more painful to ignore them.
Climate realism means facing up to the relentless increase in the concentration of
carbon in the atmosphere, the continuing 85% of the world’s energy supplies coming from fossil fuels, and the lack of any transition away from this, with the oil, gas and coal burn going ever up as the world energy demand looks set to double by 2050. Renewables on a system basis are not cheap. It takes 120GW now to meet the
same peak 45GW demand, which 60GW once comfortably met, as well as doubling
the transmission grid and adding all the extra batteries and storage. The renewables are not “home-grown” – the supply chains are foreign. 
Britain is not on a path to home-grown energy. It is not cheap, and other countries
are not looking to Britain as a “clean-energy superpower”. They look to Britain to find out how not to do it – no one else wants the highest energy prices. It’s not difficult to sort all this out, but more sticky plasters will make the situation worse and harder to fix the longer the government ducks the need for a fundamental re-set of British energy policy.
...more
View all episodesView all episodes
Download on the App Store

Helm Talks - energy climate infrastructure & moreBy Helm Talks - energy climate infrastructure & more


More shows like Helm Talks - energy climate infrastructure & more

View all
More or Less by BBC Radio 4

More or Less

876 Listeners

Political Fix by Financial Times

Political Fix

158 Listeners

The Politics Show by The New Statesman

The Politics Show

140 Listeners

The Briefing Room by BBC Radio 4

The Briefing Room

58 Listeners

Political Thinking with Nick Robinson by BBC Radio 4

Political Thinking with Nick Robinson

114 Listeners

IEA Podcast by Institute of Economic Affairs

IEA Podcast

17 Listeners

Inside Briefing with the Institute for Government by Institute for Government

Inside Briefing with the Institute for Government

21 Listeners

IFS Zooms In: The Economy by Institute for Fiscal Studies

IFS Zooms In: The Economy

7 Listeners

Cleaning Up: Leadership in an Age of Climate Change by Michael Liebreich, Bryony Worthington

Cleaning Up: Leadership in an Age of Climate Change

83 Listeners

The Rest Is Politics by Goalhanger

The Rest Is Politics

3,336 Listeners

The State of It by The Times

The State of It

83 Listeners

The Econoclasts by UnHerd

The Econoclasts

123 Listeners

The Rest Is Money by Goalhanger

The Rest Is Money

174 Listeners

Political Currency by Persephonica

Political Currency

139 Listeners

Radical with Amol Rajan by BBC Radio 4

Radical with Amol Rajan

45 Listeners