Insufficient investment in capacity. The left said they were going to make it difficult for companies in the oil and coal value chain. The right agrees that they have. They are in rare agreement.
U.K. has a free market in energy that is why the price rise is so high. In Europe where energy is nationalised, like Portugal, prices are going up 4%. U.K. has had cheaper energy than Europe for the last 25 years. The U.K. government will buck the free market and freeze prices if it wants to get re-elected. The alternative is a socialist Labour government who will probably nationalise the energy companies after the next election.
Regardless this creates a huge opportunity for stand alone solar power systems. the Chinese can capitalize on it extremely easily.. With proper management this would have never happened in the first place.
Regardless this creates a huge opportunity for stand alone solar power systems. the Chinese can capitalize on it extremely easily.. With proper management this would have never happened in the first place.