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Energy firms paid £4bn more for power than market rate 
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Legend

Joined: Sun Apr 26, 2009 12:30 pm
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"The time has come for a complete overhaul of our energy market. Labour will break up the big energy companies, put an end to the secret deals and force them to do all of their trading on the open market."


http://www.theguardian.com/business/201 ... six-labour

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Wed Jan 01, 2014 11:34 pm
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What's a life?
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Joined: Thu Apr 23, 2009 7:26 pm
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This will come as a surprise to at least a dozen people.


Wed Jan 01, 2014 11:47 pm
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Legend

Joined: Sun Apr 26, 2009 12:30 pm
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jonbwfc wrote:
This will come as a surprise to at least a dozen people.


All called George Parr :lol:

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Wed Jan 01, 2014 11:54 pm
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Doesn't have much of a life

Joined: Sat Apr 25, 2009 6:50 am
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pcernie wrote:
Quote:
"The time has come for a complete overhaul of our energy market. Labour will break up the big energy companies, put an end to the secret deals and force them to do all of their trading on the open market."


http://www.theguardian.com/business/201 ... six-labour

That one makes quite a bit of sense, why didn't they make that pledge instead of the idiotic price freeze plan?


Thu Jan 02, 2014 1:06 am
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Legend
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While breaking up the big companies will solve some problems there is the problem of power supply and unless there is sufficient investment in non carbon supplies there will be problems ahead. A high price does at least allow renewables like solar and wind to compete without the need for subsidies. What might help cut usage is the regulation of prices for low use. Above that limit there could be more of a free market with no regulation. So if you are a low user then at least your prices will be regulated. If you are wasteful then the price could get astronomical. It creates incentives to cut energy usage. In addition better regulation of power usage by appliances, such as in standby would also help just demand.

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Thu Jan 02, 2014 12:38 pm
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