x404.co.uk
http://www.x404.co.uk/forum/

Energy firms paid £4bn more for power than market rate
http://www.x404.co.uk/forum/viewtopic.php?f=19&t=20934		 Page 1 of 1
Author:  pcernie [ Wed Jan 01, 2014 11:34 pm ]
Post subject:  Energy firms paid £4bn more for power than market rate
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
Author:  jonbwfc [ Wed Jan 01, 2014 11:47 pm ]
Post subject:  Re: Energy firms paid £4bn more for power than market rate
This will come as a surprise to at least a dozen people.
Author:  pcernie [ Wed Jan 01, 2014 11:54 pm ]
Post subject:  Re: Energy firms paid £4bn more for power than market rate
jonbwfc wrote:
This will come as a surprise to at least a dozen people.


All called George Parr :lol:
Author:  ShockWaffle [ Thu Jan 02, 2014 1:06 am ]
Post subject:  Re: Energy firms paid £4bn more for power than market rate
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?
Author:  Amnesia10 [ Thu Jan 02, 2014 12:38 pm ]
Post subject:  Re: Energy firms paid £4bn more for power than market rate
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.
Page 1 of 1 All times are UTC
Powered by phpBB® Forum Software © phpBB Group
https://www.phpbb.com/