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Is one of the big guys about to go under?
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mod lock and delete. i missed that one.0
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British Gas, I reckon…1
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Centrica have the financial firepower to hedge their forward purchases. A reason why the fly by nights have all failed. Inadequately financed.DiseasedBunny said:British Gas, I reckon…1 -
Thrugelmir said:
Centrica have the financial firepower to hedge their forward purchases. A reason why the fly by nights have all failed. Inadequately financed.DiseasedBunny said:British Gas, I reckon…
To what extent they are hedged we don't know. The big boys also engage in plenty of speculative behaviour, and I wouldn't be so certain at least one of them hasn't got themselves into a massive tangle. Based on recent market activity though, I'd think BG are reasonably secure.{Signature removed by Forum Team - if you are not sure why we have removed your signature please contact the Forum Team}0 -
Although BG will only be hedged for a certain amount of demand. Presumably Ofgem only SoLR customers to them within any spare hedged capacity they have. They can't go on absorbing new customers infinitely.
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The article no doubt refers to Bulb.
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Verdigris said:Although BG will only be hedge for a certain amount of demand. Presumably Ofgem only SoLR customers to them within any spare hedged capacity they have. They can't go on absorbing new customers infinitely.Recovering the costs of buying spot to meet the unplanned demand is one of the main things that is going to make this an expensive process for everyone.The SoLR is not going to have to absorb that loss this time around.0
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Who aren’t a big 6 though?Swipe said:The article no doubt refers to Bulb.
(admittedly, my post was a little flippant 🙈)0
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