Wednesday, 21 November 2018
UK ELECTRICITY PRICES TO SOAR DUE TO EU COURT RULING ON STATE AID
This piece gives the details. Just as we are supposedly leaving the EU up comes this judgement which basically says that the UK government is not allowed to give any subsidies to energy companies for having generating capacity on stand by to back up the renewables. Of course we now know that we aren't really leaving the EU so we will continue to have to obey their rules, the result of which means that our electricity prices will have to rise significantly, due to our having to follow the Climate Change Act. What a complete farce!