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by 60 per cent over six years due to unpredictability in supplies,
economic uncertainty and the implementation of environmental
controls. In a review of the country's energy market, Ofgem
calculated that an investment of up to £200 billion is needed to
ensure supplies while meeting green targets. The report states
that the phasing-out of older nuclear plants and the closure of coal
and oil plants due to European environmental legislation will lead to
increased dependency on the volatile foreign gas market.
