National Grid in UK and US preparing for renewables and nuclear

Holliday has spent much of his time lobbying US politicians and regulators for permission to increase charges to fund investment. “The quandary that people have is that energy costs are very high,” he said. “The investment that needs to be paid for feeds into bills. If you are really worried about bills, you put off the investment as long as possible. Now is the time you can’t put it off any longer. The way to square the circle is energy efficiency. Let’s reduce the energy we use, and get the energy delivered through reliable infrastructure.”

http://business.timesonline.co.uk/tol/business/industry_sectors/utilitie...
National Grid powers up for new energy - Times Online

Is interesting the mention that grid is sized for peak load which is only required a tiny fraction of the time. I think there is big potential for small scale storage (probably batteries/ supercaps in combination) to meet peak demands. Since peak demand can be 2-5 times average demand, the savings made on sizing the network could be substantial.

Americans must learn to love dearer petrol

http://business.timesonline.co.uk/tol/business/columnists/article3908044...