I’ve got the power
I noticed a little piece of legislation the other day which really got my mind buzzing. Actually, it’s less a piece of legislation, more an amendment to old legislation from a bygone era.
It’s around the wonder that is power generation, in the form of electricity rather than quangos. In previous years, to protect the emergence of new power companies it was ruled that local authorities could not generate and sell electricity to the National Grid. When coal or nuclear power were the only real generating options this seemed to be fine, protecting an industry from the might of government interference.
However, in these greener days, the advent of solar, wind and even wave power has forced things to change, and a press release from Chris Huhne has signalled just such a change. In a nutshell, local authorities can now generate electricity using green methods and then make money by selling whatever they don’t use back to the National Grid.
When I read this I got very excited. Crunching some numbers, apparently solar panels on the Town Hall could generate £10k per year in profits, whilst a wind turbine could make 50 times this. How many borderline services would that save? How many meals on wheels, or youth centres, or Chief Exec salaries?
In most London authorities there wouldn’t even be the perennial problem with wind turbines; complaints. Londoners are used to new additions to the skyline, and besides they have plenty of other things to complain about, such as pigeons on their verandas.
There might be a bit of cost to get this set up, but surely this is a license to print money? Energy costs would disappear from the yearly cost sheet and there would be unrestricted funds to play with, which sooner rather than later would offset the initial costs of installing the turbines. All of this is not even considering the environmental benefits and the additional bonus towards CO2 target reductions.
For some reason no-one around me seemed to be anywhere near as excited as I am about this. In fact, apathetic would be the best way of describing it. Am I missing some problem with this, some fly in the ointment?
In fact, if we could find some way of harnessing all of the hot air that comes out of the Town Hall we’d make millions…