Skip to content
Friday 7 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,921.17
+0.49%
DAX
26,340.88
+0.77%
CAC 40
8,726.55
+0.31%
STOXX 50
6,539.88
+0.57%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Tuesday 01 October 2024 6:00 am  |  Updated:  Monday 30 September 2024 5:21 pm

Demise of coal power is end of an era, but not an end in itself

By: Christian May

Editor-in-Chief

Add as a preferred source on Google
Wind turbines
Renewables now account for 40 - 50 per cent of UK electricity - but is it secure?

A quiet revolution occurred in the very earliest moments of this morning, probably while you were asleep. You went to bed in one sort of country, and woke up in another sort entirely.

The difference is largely invisible but undeniably huge: yesterday, the UK’s last coal power station was still operational and by this morning it wasn’t.

As of today, and for the first time in 142 years, the UK no longer generates electricity from burning coal. The Ratcliffe-on-Soar power station, near Nottingham, began producing power from coal in 1967.

Its formal closure, at a minute after midnight last night, is rightly described as “an enormously big deal – locally, nationally, internationally” by Michael Lewis, CEO of Uniper, which owns the plant.

Chris Smith, who worked at the plant for 28 years, told the BBC “it is a very sad moment,” given that he and his colleagues had for so long “been doing our best to keep it operating.”

For those of us unaffected by the immediate local impact, the closure of the plant represents an enormous moment in our national story. As recently as 2010 coal supplied just under 40 per cent of the nation’s electricity. As of today, that figure has fallen to zero – having been on a downward (some would say impressive) slide in recent years.

In its place, renewable energy now accounts for between 40 and 50 per cent of electricity generation. This turnaround, from a reliance on coal to a new reliance on renewables, is being hailed as a policy triumph and a world-leading environmental achievement, for understandable reasons.

Read more

Battersea Power Station misreporting claims scrutinised by accounting watchdog

Breaking news scene with reporters, cameras, and microphones at a bustling press conference, spotlight on speaker podium

But such celebrations are premature.

Without a truly dramatic (expensive, contentious and complex) expansion in the infrastructure and storage capacity to support renewable energy, we remain vulnerable to its vagaries. And for as long as that remains the case, gas (particularly imported gas) is ever more important.

We should also aim for a nuclear future with all the enthusiasm and zeal currently directed at wind.

The truth is it’s too early to say whether the closure of Ratcliffe-on-Soar is evidence of a policy success, or just the consequence of policy choices.

There’s a fine line between the two positions, and for now we should recognise that while the closure is certainly the end of an era, it should not be seen as an end in itself. 


Read more

Glencore targets secondary listing in Australia as London loses mining shine

Glencore corporate headquarters building exterior with the company logo sign, representing the commodities firm.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Opinion
  • News

Categories

  • Opinion
  • Business
  • Economics
  • Energy
  • Industrials
  • News

People & Organisations

  • coal
  • Ed Miliband
  • Energy
  • net zero
  • renewable energy

Trending Articles

  • Revolut founder’s wealth set to balloon amid talks of share award at $500bn valuation

  • Rupert Lowe axes pensions triple lock and pledges tax cuts in economic plan

  • As it happened: Stocks rise as oil fluctuates after Red Sea attack; US-Iran deal ‘being circulated’

  • Liverpool owners tipped to sell – but not to Amazon boss Bezos – by former CEO

  • WPP slashes jobs as revenue continues to fall

More from Morning Wire

  • Battersea Power Station misreporting claims scrutinised by accounting watchdog

    Accountancy
    Breaking news scene with reporters, cameras, and microphones at a bustling press conference, spotlight on speaker podium
  • Glencore targets secondary listing in Australia as London loses mining shine

    Mining
    Glencore corporate headquarters building exterior with the company logo sign, representing the commodities firm.
  • Sizewell B granted 20-year life extension

    Energy
    Sizewell B nuclear power station in Norfolk with clear skies and surrounding landscape, highlighting energy infrastructure.
  • The Debate: Should Britain set up a No 10 North?

    Opinion
    Andy Burnham supporters rallying with banners and signs at a political event, showcasing enthusiasm and solidarity
  • Sadiq Khan’s London plan is not nearly ambitious enough

    Opinion
    The Mayor of London, Sir Sadiq Khan, has this morning announced a £1.4m cash injection for community sport across the capital.
  • Rehlko Defines What It Takes to Build AI-Ready Power Infrastructure as Data Center Energy Demands Evolve

    Business Wire
  • Scotland is a warning of what Andy Burnham’s devolution experiment will look like

    Opinion
    Former SNP leader Nicola Sturgeon has said results for the SNP, now led by John Swinney, were worse than expected in the exit poll
  • Rehlko Announces €12 Million Expansion of Power Control & Distribution Manufacturing Facility in Cholet, France

    Business Wire
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook