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Old 06-10-2021, 16:14   #159
Jaymoss
Just a Geek
 
Join Date: Jul 2015
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Re: Energy companies collapse

Quote:
Originally Posted by 1andrew1 View Post
What storage did we offload to France?

Texas failed to invest in storage and suffered blackouts as a result, so US is not necessarily a good example to follow.

As FT commentator Brooke Masters notes, the market has not delivered storage capacity and this is strongly needed by the UK due to its reliance on renewables. Market failure. I don't know if this was flagged by the regulator but this is a key reason why we're in a worse situation than a lot of our peers.

https://www.ft.com/content/b583559e-...1-32f5734ca1c6
Typical middle class thing to do is post links to a news site behind a paywall. You have seen me mention in this thread how the new prices are going to make me struggle. I am insulted you think I can afford to waste money on the Financial Times
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