On an exclusive article for The Telegraph Britain’s Secretary of State for Energy and Climate Change shared his views on shale gas and what are the plans to keep the lights on in the UK. He made it clear that shale gas in not high on his agenda but it didn’t dismiss it completely and stated that wind turbines are here to stay.
Mr. Huhne believes that the best way to increase Britain’s energy security is to do what canny investors do: spread the risk by investing in an energy portfolio flexible enough to withstand the high winds of global commodity markets.
We have to agree with the Energy Secretary and his plan of action. We can’t bet the farm on only one energy resource even though that source has proven to be cost effective in other countries.