Swiss energy firm EGL has just signed a deal for a (relatively modest) quantity of gas from
Needless to say, the
They had better learn to live with it. Unless you believe in (a) frankly infeasible levels of nuclear and/or renewable energy developments; (b) a very decisive move in favour of coal (see our earlier post on energy policy); or (c) the complete collapse of European energy demand in an economic meltdown – then WE WILL NEED GAS. Lots of it.
And the more diverse the sourcing, the better.
Meanwhile, over at Robert Peston, commenters are getting exercised by the idea of Euro-utilities taking over British Energy. Does anyone believe in free trade ?