Headline in one of the national newspapers in the Philippines:
Got that? 23 new power plants, coal fired, in 5 years. Nearly 5 plants a year.
So, whilst the UK is busy blowing up its power plants to meet EU directives on carbon emissions (http://www.kentonline.co.uk/medway/news/demolition-begins-at-power-station-36730/) and replacing them with useless wind farms, and even more useless solar farms, the far east is setting itself up for cheap, reliable power attracting more and more industry.
Along with a plentiful and cheap labour supply is it no wonder the Philippines is enjoying an economic boom (if only they could get to grips with the endemic corruption).
Meanwhile, the cost of producing electricity in the UK is likely to rise due to current power generation policy. How's that working out for you?
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So, whilst the UK is busy blowing up its power plants to meet EU directives on carbon emissions (http://www.kentonline.co.uk/medway/news/demolition-begins-at-power-station-36730/) and replacing them with useless wind farms, and even more useless solar farms, the far east is setting itself up for cheap, reliable power attracting more and more industry.
Along with a plentiful and cheap labour supply is it no wonder the Philippines is enjoying an economic boom (if only they could get to grips with the endemic corruption).
Meanwhile, the cost of producing electricity in the UK is likely to rise due to current power generation policy. How's that working out for you?
Sounds like you could keep yourself going there for years. I was wondering how the price of coal plants compares to gas fired, I'll have to look that up unless your secretary can get on the case in the next 12 hours in case I forget. I visited Pagbilao power plant in 1999 or thereabouts to survey the plant for a fire protection system retrofit.
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