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Scottish independence increasing importance of energy debate

Further emphasis, this time within the ongoing debate over Scotland’s vote on independence later this year, has been placed on the importance of solving the UK’s energy needs.

The latest report in the Scottish Express states that families in Scotland could have to pay £960 a year to cover the subsidies received by the country’s renewable energy power generation sector in the event of a vote in favour of independence.

This amounted to £600 million last year, over 90 per cent of which was funded by levies on electricity bills around the UK.

While Alex Salmond’s SNP party has claimed the situation would remain unchanged in the event of Scottish independence, with excess energy continuing to be exported south of the border, Energy Secretary Ed Davey has stated that Westminster would seek a new arrangement.

The Scottish Express states that in order to achieve Scotland’s 2020 renewable energy power generation aspirations, subsidies would have to rise to £3 billion a year and this would result in Scottish families having to pay nearly £1,000 per annum to fund this.

With calls continuing for Westminster to provide clarity on the need to ‘keep the lights on’, in the event of numerous power stations closing or due to close, while tackling rising fuel bills and meeting the legally binding requirement of reducing carbon emissions, the energy debate continues to increase in importance throughout the UK.