Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Serco hits back after Zia Yusuf accuses FTSE 250 firm of being ‘hostile to Reform’

      Former Chairman of Reform UK, Zia Yusuf addresses Reform UK supporters.

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Royal Ascot worth £140m to UK economy

      Breaking news scene with journalists and cameras outside a government building, capturing a press conference in progress.

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      The best places to eat sandwiches in Lisbon, from bifanas to pregos

      Bifana do Afonsos famous bifana sandwich showcasing tender pork in a freshly baked roll with savory sauce.

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
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

Time to network the rail

Kings Cross Coal Drops Yard bustling with shoppers and visitors amidst modern architecture and vibrant store displays

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

‘Enough to keep investors interested’: SSE charges up UK investment

A general view shows pylons and Ferrybridge C power station, owned by energy company SSE, which is set to stop generating and close in March 2016, near Knottingley, northern England, on May 24, 2015. The coal-fired powerstation went online in 1966. AFP PHOTO / OLI SCARFF (Photo credit should read OLI SCARFF/AFP/Getty Images)

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

  • London Tech Week sums up everything wrong with UK tech

  • Inflation expectations at record high in interest rates signal

  • As it happened: FTSE 100 relief rally runs out of steam as BP and Shell weigh; Oil hits three-month low

  • KPMG’s Summer Friday half-day rollback signals deeper woes for Big Four giants

  • New Gluten-Free Bread Binder Simplifies the Recipe — and Boosts Bread Quality

More from CityAM

  • Time to network the rail

    Opinion
    Kings Cross Coal Drops Yard bustling with shoppers and visitors amidst modern architecture and vibrant store displays
  • ‘Enough to keep investors interested’: SSE charges up UK investment

    Markets
    A general view shows pylons and Ferrybridge C power station, owned by energy company SSE, which is set to stop generating and close in March 2016, near Knottingley, northern England, on May 24, 2015. The coal-fired powerstation went online in 1966. AFP PHOTO / OLI SCARFF (Photo credit should read OLI SCARFF/AFP/Getty Images)
  • Energy price cap to jump 13 per cent this summer

    Energy
    A general view shows pylons and Ferrybridge C power station, owned by energy company SSE, which is set to stop generating and close in March 2016, near Knottingley, northern England, on May 24, 2015. The coal-fired powerstation went online in 1966. AFP PHOTO / OLI SCARFF (Photo credit should read OLI SCARFF/AFP/Getty Images)
  • Real estate firms going bust at record rate as property market slumps

    Property
    Modern commercial property exterior with glass facade under clear blue sky, emphasizing architecture and urban development
  • Reeves to protect energy and infrastructure projects from court challenges

    Legal
    Rachel Reeves speaking at an IOD event.
  • Industry chief calls on government to water down steel tariff plans

    Industrials
    The trade deal is set to eliminate the tariffs on steel and aluminium if the UK meets its pledge to cut China out from supply chains.
  • Burnham’s ‘neoliberalism’ critique is just Thatcher karaoke

    Opinion
    AI-powered retro 80s karaoke with Burnham performing under colorful lights at a lively event.
  • Mobix Labs to Acquire U.S. Rare Earth and Critical Minerals Company Powering Defense and National Security

    Business Wire
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
Copyright 2026 CityAM Limited