According to the Office of Gas and Electricity Markets (Ofgem), “Scottish consumers and businesses currently benefit from spreading the cost of supporting Scottish energy network investment, renewables and programmes to support remote consumers over 30 million households and businesses as part of the GB energy market. In the event of independence, Scotland’s three million households and businesses would have to meet these costs alone. Scottish consumers would end up paying more, possibly considerably more, for energy infrastructure in an independent Scottish state than they do as part of the UK.”
Because England and Wales only use a small proportion of electricity provided by Scotland, neither country would be overly impacted.
Speaking in Edinburgh, Secretary of State, Edward Davey made the case for staying united. “As I have said here in Scotland many times before, I have no doubt that with the talents of the people, and the natural resources of the land, Scotland could make a go of it alone. But to do this, the people of Scotland will have to give up being part of family of nations that make up the United Kingdom…an irrevocable, irreversible act of divorce. If Scotland chooses to go it alone, it will have a huge and lasting impact on all of us because the United Kingdom is more secure and richer with Scotland in it. And Scotland is more secure and richer as part of that family.”
Davey says energy was particularly important. “As part of the United Kingdom, Scotland is fast becoming an energy powerhouse. One of the world’s energy hubs. And this is being achieved precisely because Scotland is part of the United Kingdom.The UK is providing substantial help to industry to maximise output and revenues from the North Sea oil and gas as the challenges of extraction are increasing.”
Davey believes it would be much more difficult for an independent Scotland to maintain such growth and adds. “I would urge the people of Scotland not to walk away from our future together.”