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« The vacuity of Naomi Oreskes | Main | Sierra Club silliness »
Wednesday
Dec162015

The best laid plans of Westminster mice

  Do you remember the grid emergency the other day, when the grid was said to have accepted an offer of £2500 per MWh to supply power to the grid, a slight markup on the normal price of £40?  The Commons Energy and Climate Change Committee reckon there may have been some dodgy dealing going on and they have written to Ofgem asking for an investigation:

 

 The best laid plans o' Westminster mice gang aft into a rent-seeker's paradise. Perhaps it might have been a good idea to maintain higher safety margins on the grid?

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Reader Comments (101)

@rhoda, Dec 20, 2015 at 3:14 PM

I agree with PeterMG and Geoff. I don't usually do me-too comments but they are right. The problem with regulators is that they are employed to regulate, and they can't ever say 'done' in case they lose their jobs.

Well said and I agree. The same applies to DfiD and the "aid" businesses charities and quangos - NGOs in newspeak - who "help" their clients. They don't want to solve their clients problems, the want to keep them in their problem to safeguard their own jobs.

Dec 20, 2015 at 10:32 PM | Unregistered CommenterPcar

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