Mike Turner, operations director of Lightsource, says to avoid the ever increasing risk of power blackouts, £100bn ($162bn) urgently needs to be spent on replacing the 20% of the UK’s electricity capacity scheduled to be turned off by 2018.

Turner says while Britain's newly-announced Hinkley Point C nuclear plant will make a material contribution to plugging the energy gap without further perpetuating the UK’s dependency on fossil fuels, this new power station will only be of use in ten years’ time at the earliest.

“It