Britain steps up power purchases from EU countries – report ...News

Economy by : (Russia Today) -
Shortages have arisen as output of renewable energy has failed to compensate for the closures of coal and nuclear plants The UK purchased a record £3.5 billion ($4.4 billion) worth of electricity from EU countries last year as renewable energy failed to keep up with demand following shutdowns of coal and nuclear power plants, The Telegraph has reported this week, citing research from London Stock Exchange (LSEG) Power Research. The electricity imports from France, Norway, Belgium, and the Netherlands accounted for 12% of net supply, according to the outlet. France accounted for about £1.5 billion of power sold to

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