Thread: UK Energy Prices
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Old 03-02-2022, 15:17   #479
1andrew1
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Re: Energy companies collapse
Quote:
Originally Posted by Jaymoss View Post
Lets be honest about this though, they are not obliged to do anything. These price rises are not this Governments fault. Increased demand has led to increased wholesale prices. If you want to blame a government you will need to go back 30 plus years and blame those who decided not to increase gas storage and not invest in more nuclear power stations
The reduction in gas storage occurred recently - in 2017.
https://www.theguardian.com/business...h-gas-centrica

I think some responsibility must be attributed to Ofgem as well as the government and market forces.
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