Wednesday
Dec162015
by Bishop Hill
The best laid plans of Westminster mice
Dec 16, 2015 Climate: Parliament Energy: grid
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?
Reader Comments (101)
@rhoda, Dec 20, 2015 at 3:14 PM
Well said and I agree. The same applies to DfiD and the "aid"
businessescharities 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.