Green Rules Shutting Power Plants Threaten U.K. Shortage: Energy
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The U.K. risks power shortages because utilities may react to Europe’s toughest carbon-emissions rules by closing plants without replacing them.
The amount of electricity available over peak demand may drop below 2 percent next year, the lowest level in western Europe, the nation’s energy regulator says. Centrica Plc, the biggest U.K. supplier, says investment in new generating capacity has “ground to a halt.”