Energy Costs Higher for an Independent Scotland, Warns Davey
On September 18, 2014, Scottish citizens will vote on whether they want to remain part of the United Kingdom or become their own independent, sovereign state. Edward Davey, the UK’s secretary of state for the Department of Energy and Climate Change, says independence would increase energy bills for Scottish citizens.
The UK government’s analysis shows that energy bills in an independent Scotland would be higher by at least £38 ($64) a year and perhaps by up to £189 ($316) per year, once the full cost of supporting renewables was included.
The government says energy costs for a medium-sized manufacturer could increase by as much as £110,000 ($184,000) per year by 2020 and £608,000 ($1.09 million) if renewables were included.
Davey said that because the single UK energy market is ten times the size of Scotland’s energy market, Scottish energy bills are lower. He listed a range of reasons affecting costs, including the way investment in transmission and distribution networks are currently shared across the whole of the UK, to the way the subsidies for energy distribution in remote rural areas like the Scottish Highlands and Islands are currently paid for by all British consumers not just Scottish bill payers.
- Existing Building Technologies Combine for Increased Savings
- Let's Do The Math for DR
- 2014 Environmental Leader Product and Project Awards
- Gartner Magic Quadrant
- Improve Your Company's Environment and Energy Performance
- Unlocking the Value of Energy & Operational Data
- Smart Companies Utilize Integrated Energy Solutions
- Verdantix Green Quadrant for EHS Software
- The Future of Operational Risk Management: The Oil & Gas and Chemicals Approach
- How "Fixed" is the Fixed Price Product?
- Connected Buildings, Connected People: A Look to the Future
- Cut Costs and Improve Facility Operations with Energy Data
- Energy Procurement Strategies for Winter 2014 and 2015
- Energy Efficiency Requires Engineering Efficiency
- Integrated Building Optimization: A Crucial Convergence of Demand-side and Supply-Side Energy Management Strategies