do you really believe a government web site? I've given you a web site quoting figures from may and nowhere does it say we are the cheapest.
Where does this £120bn figure come from? Maybe they should have consider this in 1987 when they were just thinking of the immediate term ££££££.
It is the amount needed to be invested in new transmission systems and for new generation plant over the next ten years to ensure we have security of supply No secret , accepted by all political parties A lot is due to EU legislation closing coal plants down , this would not have been the case in the 80's
To be fair thats where the generators, ng and dno's have got it wrong. Although previous governments failure sanaction projects such as oldbury have not help the situation. But everyone blames the suppliers
Price rises were supposed to go up for investment back into the industry but the obscene rise in top execs pay pensions etc and the extra windfalls to keep investors sweet so as not to oject has shown the British based industry up for the greed and blatant profiteering and lost them many allies hence the attack by charity bosses and the inevitable political attack by Miliband. Had the lib dems been in opposition they would also be on this case.
Not sure what you are trying to say ? I work for a FT 100 utility who has the lowest paid ceo of any ft company It is just popular politics which will mean higher bills in the long run
i'm saying I don't believe anything the government says when they're telling us we are better off than the rest of Europe. i'd say the reaction of the general public and the eagerness of milliband to target energy prices is a better indicator that all isn't as rosey as the Decc would try and pillock us into believing.
the general public will believe what they want to believe - ie that prices can be frozen , costly short med and long term
It's all hypothetical as they won't win Clearly with the some of the statements that they have made this week demonstrate that they have learnt very little from the folly of Gordon Browns, viv Nicholson style economic policy
Run for profit by profiteers if a few decide a regulated market is not for them other vultures will take their place. Investment has been avoided and delayed to inflate profits that's the reason these issues are stacking up.
Investmenthas been delayed as both this government and the previous government have had no clear energy policy. This has led to loads of delays
Clearly should still be nationalised privatisation has been a failure on all levels both. Particularly in terms of accountability and investment.
Correct. I also think it's immoral for companies to make such massive profits from something people cannot live without.
To be fair I think the three major parties are trying their hardest not to win the next election, so it'll be another coalition.
Strange words Conan If that happened who would pay the 120 b to build the new plants that would keep the lights on then ?