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Looks like they will be capped soon in the UK, but this only means that Government (e.g. us) will be subsidizing the big power companies. As big power companies
by thorin 4y ago
Looks like they will be capped soon in the UK, but this only means that Government (e.g. us) will be subsidizing the big power companies. As big power companies buy (hedge) their power way in advance, we'll need a longish 6+ months period of stability before they will be able to start selling cheaply again. Also all those tiny suppliers that sprang up and had to buy on the spot market have gone bust (no hedging) so there will be less competition in the market over the next few years.