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Europe is at risk of power shortages because demand exceeds investment in new power outlets, the consultancy says (Photo: European Community, 2006)

EU at risk of electricity blackouts

Europe is at risk of power shortages because demand exceeds investment in new power outlets, says consultancy firm Capgemini.

According to a study by the consultancy the UK, France, Belgium and Greece are among the countries with the lowest levels of spare capacity of electricity.

Colette Lewiner of Capgemini said the study represents a "wake-up call" for the energy industry, governments and regulators. "We are in a dangerous zone now," she said, according to the Financial Times. ...

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Europe is at risk of power shortages because demand exceeds investment in new power outlets, the consultancy says (Photo: European Community, 2006)

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