EON plans to build the first new coal plant in over 30 years in the uk. Some of us see that as a negative thing and see EON’s boss as a very naughty boy. He, however, sees himself as the saviour of the UK. Fighting it out to make sure that the UK gets its fair share of dirty coal. This arrogance works quite well with the security of supply angle that they are pushing; where security basically means price. If the govornment don’t help Paul, he might just give up the fight, and not build new generating capacity. Then the UK will really have an energy gap; how very much like the mafia EON is. “You wouldnt want that energy grid to get broken, would you?”
“I am out there batting for the UK to get its share of the international company’s investment portfolio and it becomes that much more difficult if I cannot show that the returns will justify that investment.”
