Wednesday
Dec162015
by
Bishop Hill

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?
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.