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There's a "pseudo market" for energy in the UK, lots of small players that don't generate, just buy and sell to consumers; and these small players have a lighte
by jjgreen 5y ago
There's a "pseudo market" for energy in the UK, lots of small players that don't generate, just buy and sell to consumers; and these small players have a lighter regulation than the big-boys. A lot of them don't bother to hedge against price-rises (that costs) and other regulations mean they can't pass market rates to their customers, so there's a big chunk of the providers looking at bankruptcy, and soon.