How high is the power security in the UK?

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As a result of Brexit and its reliance on imports from the common EU market, the UK is now facing questions regarding higher energy prices and an unreliable supply of electricity. To combat this, the government needs to make substantial investments to meet more of its electricity demands by using renewable sources, observes GlobalData, a leading data and analytics company.

Attaurrahman Ojindaram Saibasan, Power Analyst at GlobalData, says: “The UK generates power from a diverse range of sources, including coal, gas, oil, hydropower, renewables, and nuclear power. Thermal power is its main source of power generation and gas-fired power plants constitute most of its thermal capacity. The UK is actively involved in power exchanges with several European countries,... ... More: Official Press Release GlobalData

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GlobalData, UK, Brexit, Russia Ukraine, crisis, energy security, concern, EU, energy prices, sources, renewable energy, fossil, import