INTRODUCTION ....................................................................................................... 1
ENERGY.............................................................................................................. 2
1. ENERGY PRODUCTION AND RESOURCES OF THE U.K.............................. 2
PRIMARY ENERGY PRODUCTION. ............................................................................ 2
DEPLETION OF OIL RESOURCES............................................................................. 4
GAS PRODUCTION AND RESERVES. ........................................................................ 5
COAL PRODUCTION AND RESERVES. ...................................................................... 5
CAPACITY OF RENEWABLE AND NUCLEAR ENERGY SOURCES................................. 6
2. ENERGYPRICES............................................................................................... 8
3. INTERNATIONAL COMPARISONS OF ENERGY PRODUCTION AND USE.. 9
4. GOVERNMENTENERGY POLICY.................................................................. 12
SECURITY............................................................................................................ 13
DIVERSITY ........................................................................................................... 14
SUSTAINABILITY .................................................................................................. 15
DEPLETION OF NATURAL RESOURCES ............................................................. 16
EFFICIENT USE OF ENERGY............................................................................. 16
ENVIRONMENT ............................................................................................... 17
ECONOMY ..................................................................................................... 18
SOCIAL .......................................................................................................... 19
COMPETITIVE PRICES .......................................................................................... 19
5. ENERGY IN THE ECONOMY; INVESTMENT AND PRODUCTIVITY. ........... 20
OUTPUT AND CONTRIBUTION TO THE BALANCE OF PAYMENTS. .............................. 20
INVESTMENT IN THE ENERGY INDUSTRIES. ............................................................ 22
THE OIL AND GAS EXTRACTION INDUSTRY............................................................ 23
THE ELECTRICITY INDUSTRY................................................................................. 24
THE DOWNSTREAM GAS INDUSTRY ...................................................................... 25
THE COAL INDUSTRY. .......................................................................................... 27
THE NUCLEAR INDUSTRIES. ................................................................................. 28
6. ENERGY AND THE ENVIRONMENT. ............................................................. 30
CLIMATE CHANGE ............................................................................................... 30
UNITED KINGDOM: ENVIRONMENTAL ISSUES ........................................................ 31
AIR POLLUTION .............................................................................................. 31
ENERGY USE AND CARBON EMISSIONS........................................................... 32
ENERGY AND CARBON INTENSITY ................................................................... 34
PER CAPITA ENERGY CONSUMPTION .............................................................. 35
RENEWABLE ENERGY..................................................................................... 35
UNITED KINGDOM ENTERING THE 21ST CENTURY ........................................... 36
Dr. Miltiadis A. Boboulos
