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BBC Online 9/9/02
Page first written 9 September 2002
Last updated 17 February 2003

British Energy granted a temporary reprieve

The power generating company that produces a fifth of electricity consumed in the UK is in crisis because of "too cheap electricity prices", and the government decided to grant it a temporary reprieve. It was only a month ago that I stated in my serial article "Digicam Report" that the electricity in the UK is very cheap compared to that in Japan. But, if that is because of the huge deficit in the power generating sector, it means nothing. It should be through electricity bill given to the electricity consumer that they raise money, not out of government budget.

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