| From Timesonline.co.uk: A glut in global supplies of natural gas threatens to undermine British investment in low-carbon sources of electricity, including nuclear and wind power, according to the chief executive of Britain’s biggest energy supplier.
Sam Laidlaw, chief executive of Centrica, said that an expected surplus of global gas supplies over the next five years could force down wholesale prices to a level where energy companies may be discouraged from investing in more costly alternative sources of energy, such as nuclear reactors and offshore wind farms — particularly if this was accompanied by continued weakness in the price of carbon emissions permits................................Full Article: Source
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