Greetings EEVBees:
--A couple of points with regard to some of the most recent posts:
--1)If this is scaremongering, it is scaremongering by the UK government arm OFGEM which regulates the Electricity and Gas markets in the UK.
"BRITAIN faces power cuts by the winter of 2015 as ageing power plants are shut down, a shocking report warned yesterday. Energy regulator Ofgem also said consumers face massive rises in electricity bills as generators are forced to rely on expensive gas to fuel power stations."
--2)Surely no one really thinks that all nuclear and coal plants, 30%, are being shut down because of privatization, do they?
"The battle to keep the lights on is also being compromised by EU anti-pollution laws which are forcing the early shutdown of coal-fired power stations. At the same time Britain’s nuclear plants are also closing. The shutdowns will lead to a 30 per cent cut in the UK’s electricity generating capacity."
--Nope, definitely not the result of unconstrained market forces, that I can see. Clearly, with regard to energy utilities, the government must have some role, as they, by inherent physical nature, must be monopolies. We cannot have multiple companies running gas and power lines to the same places. The question is, has the government been doing things correctly? Just look at the difference in promise and performance of UK Wind. If it had been sold as what it is now actually doing, could it have been sold in the first place?
--If a dealer is selling dodgy automobiles, and gets caught out by the government, saying that the newspaper that published the government information just hates automobiles, and does not really care about people being cheated, is a very weak defense.
"Business is never so healthy as when, like a chicken, it must do a certain amount of scratching around for what it gets."
Henry Ford 1863 - 1947
Best Regards
Clear Ether