Quote:
Originally Posted by 1andrew1
If you nationalise them then you can, as Gordon Brown has described. It should be a last case scenario.
---------- Post added at 16:53 ---------- Previous post was at 16:36 ----------
It's clear market and regulatory failure here, isn't it? There was no business case for Centrica to maintain storage at the time and no strategic requirement from the regulator to fund it.
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How? They still have to pay the same prices for the energy.
With 28m households, £2.8bn would only reduce the cap by £100. How many suppliers are making those sorts of profits?
Germany has a lot of storage, but is still having to high prices for gas, especially to refill that storage.
---------- Post added at 18:22 ---------- Previous post was at 18:10 ----------
Quote:
Originally Posted by jfman
A sure fire sign someone is on solid ground is capitalising the word TRUTH.
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So what have the £3bn profits of GERMAN company E.ON got to do with the UK? Split that up into the number of countries they do business in, and you're not left with much.