The generation of electricity modifies the physical environment of the globe more than any other industrial activity. Indeed, the industry may already create more long-term economic costs than benefits in terms of associated environmental repercussions. This negative economic equation could become even worse unless long-term and programmed investments into energy supply and conservation strategies are made with proper care for all indentifiable environmental effects. The present publiclyowned electricity industry in the UK has an environmental track record that is patchy but generally unsatisfactory, despite some improvements in recent years. The key issue facing the privatized industry is how comprehensive and effective all aspects [...]