UK energy regulator warns of increased blackout risk by 2015/16

LONDON, June 27 Thu Jun 27, 2013 11:43am BST

LONDON, June 27 (Reuters) - Britain's spare power production capacity could fall as low as 2 percent in two years' time, increasing the risk of blackouts, energy regulator Ofgem warned on Thursday.

"Ofgem's analysis indicates a faster-than-anticipated tightening of electricity margins toward the middle of this decade," the agency said, adding that the chance of supply disruptions would rise to one in 12 years in 2015/16 from one in 47 years now. (Reporting by Karolin Schaps; editing by Jane Baird)

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After wave of QE, onus shifts to leaders to boost economy

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