{"id":14965,"date":"2026-04-15T13:27:10","date_gmt":"2026-04-15T13:27:10","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/14965\/"},"modified":"2026-04-15T13:27:10","modified_gmt":"2026-04-15T13:27:10","slug":"britains-energy-future-is-bright-but-we-still-need-ed-drilliband","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/14965\/","title":{"rendered":"Britain&#8217;s energy future is bright \u2013 but we still need Ed Drilliband"},"content":{"rendered":"<p>\t\t\tWednesday 15 April 2026 2:11 pm<br \/>\n\t\t\t\t\t\u00a0|\u00a0\u00a0Updated:\u00a0<\/p>\n<p>\t\t\tWednesday 15 April 2026 2:12 pm\n\t<\/p>\n<p><img width=\"742\" height=\"495\" src=\"https:\/\/www.europesays.com\/britain\/wp-content\/uploads\/2026\/04\/GettyImages-2211058841.jpg\" class=\"media \" alt=\"Energy Secretary Ed Miliband's\" fetchpriority=\"high\" loading=\"eager\" decoding=\"sync\"  \/>\t\tEnergy Secretary Ed Miliband has backed the &#8220;fight&#8221; for net zero.  (Photo by Justin Tallis &#8211; WPA Pool\/Getty Images)\t<\/p>\n<p>Amid soaring oil prices and growing fears of jet fuel shortages, it feels as though Britain is trapped in an energy permacrisis of its own making.<\/p>\n<p>So here\u2019s a note of optimism to counter the doom and gloom: Britain has a bright energy future ahead of it. A few examples:<\/p>\n<p>Nuclear power output is going to get massively ramped up with the opening of two new plants in Hinkley Point C in Somerset and Sizewell C in Suffolk. With a combined output of\u00a06.4 gigawatts, they are enough to power about one-seventh of the UK\u2019s electricity demand.<\/p>\n<p>Innovative nuclear technology will boost that capacity further. This week\u2019s announcement that the government is funding the Rolls-Royce small modular reactor (SMR) programme opens the way for the installation of mini nuclear plants across the country, speeding up building and deployment times.\u00a0<\/p>\n<p>And Dogger Bank, off the coast of Yorkshire, is set to be the world\u2019s largest offshore wind farm. Its individual sections are expected to deliver a combined 8.1 gigawatts, enough to power more than 12m homes.<\/p>\n<p>Taken together, that means a lot more capacity added to the UK, getting us closer to energy independence.<\/p>\n<p>OK, that\u2019s enough optimism for one day. Because there\u2019s one small problem with all this: it\u2019s years away.<\/p>\n<p>Hinkley C is expected to begin operation in 2030. Dogger Bank won\u2019t be completed till 2031. Rolls-Royce\u2019s SMR scheme is expected at some point in the mid-2030s and Sizewell C isn\u2019t due to be finished till the late 2030s.<\/p>\n<p>By 2040, therefore, we could be in a good place. There\u2019s just the small matter of getting through the next 14 years.<\/p>\n<p>\t\t\t\t\tRead more<\/p>\n<p>\t\t\t<a class=\"read-more__link\" href=\"https:\/\/www.cityam.com\/the-nuclear-nimbys-are-coming-is-the-government-prepared\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">The nuclear Nimbys are coming \u2013 is the government prepared?<\/a><\/p>\n<p>And that matters because in the here and now, Britain has the most expensive electricity of any major country in the world.\u00a0This is the main driver of industrial decline. Firms are already going bust left right and centre.\u00a0<\/p>\n<p>Even if the 2040s looks bright, how much of a toll will high electricity prices have taken on our industrial heartlands? By then, what will be left?<\/p>\n<p>There is another problem, too: the increased domestic capacity won\u2019t bring down prices.\u00a0<\/p>\n<p>As lobby group Electrify Britain notes in its latest\u00a0<a href=\"https:\/\/electrifybritain.org\/plug-in-pay-less\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">report<\/a>:\u00a0<\/p>\n<p>\u201cEven if the generation mix becomes cheaper at the margin, retail bills may remain elevated because legacy policy costs remain embedded in electricity prices and network cost recovery continues to rise\u2026That gap between explanation and household experience is precisely what erodes trust and fuels political anger.\u201d<\/p>\n<p>Electrify Britain, which notes that wholesale costs only account for about a third of household energy bills, has called for other aspects like policy costs and VAT to be stripped out.<\/p>\n<p>Time for Ed Drilliband<\/p>\n<p>All this makes it look less like an oversight and more of an act of economic vandalism that the energy secretary, Ed Miliband, is refusing to offer new oil and gas drilling licences in the North Sea.\u00a0<\/p>\n<p>Miliband\u2019s ambitions for net\u00a0zero are noble. But the lesson from the leaders in green energy, Canada and Norway, is that expanding renewable power capacity need not come at the expense of domestic oil production. Instead,\u00a0taxes from traditional\u00a0sources can be deployed on expanding electricity infrastructure and bringing down prices.<\/p>\n<p>So yes, Britain\u2019s energy capacity looks to have a bright future. Only it\u2019s years away and we may get little benefit from it.<\/p>\n<p>\t\t\t\t\tRead more<\/p>\n<p>\t\t\t<a class=\"read-more__link\" href=\"https:\/\/www.cityam.com\/heres-how-to-make-energy-cheaper\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Here\u2019s how to make energy cheaper<\/a><\/p>\n<p>\t\tSimilarly tagged content: <\/p>\n<p>\t\t\tSections\t\t<\/p>\n<p>\t\t\tCategories\t\t<\/p>\n<p>\t\t\tPeople &amp; Organisations\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Wednesday 15 April 2026 2:11 pm \u00a0|\u00a0\u00a0Updated:\u00a0 Wednesday 15 April 2026 2:12 pm Energy Secretary Ed Miliband has&hellip;\n","protected":false},"author":2,"featured_media":14966,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[13,633,3795,6869,6870,6871,234,653,6872,183,31,18,6166,613,431,1261,6873],"class_list":{"0":"post-14965","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-britain","8":"tag-britain","9":"tag-business","10":"tag-ed-miliband","11":"tag-electric","12":"tag-electricity-bills","13":"tag-electricity-costs","14":"tag-energy","15":"tag-energy-bills","16":"tag-gas-price","17":"tag-labour","18":"tag-labour-party","19":"tag-news","20":"tag-nuclear-energy","21":"tag-opinion","22":"tag-uk-economy","23":"tag-uk-government","24":"tag-wind-farms"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116408958530193695","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/14965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=14965"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/14965\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/14966"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=14965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=14965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=14965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}