Well sure but the capital costs is really an argument in its own. When you compete with a foreign industry that does not have the same rules for capital it's re

Well sure but the capital costs is really an argument in its own. When you compete with a foreign industry that does not have the same rules for capital it's really hard to compare accurately. This is a big problem in general with neoliberal thinking, that capital in itself has value and should create a profit. If you consider that electricity should be a free market then it is a problem but the reality is that it isn't really a commodity that you can transport around freely. It needs to be generated locally and at the correct time to be useful, otherwise it's just wasted. And this is the basis of the problem and why we fall in the capital argument. Electricity shouldn't be a free market and largely can't (which is exactly why problems are appearing all other the place in EU). If you consider that it is actually a necessity, just like water and sanitation, then the capital argument doesn't even apply.