Energy news in general

[Deleted User]

Great. Unless there’s a revolution…

Bigphil1474

Why would they set out their plans before the election? It is for the government of the day to deal with these issues. For all Labour know, the current energy problems may have gone away by 2024 (or got worse of course).

[Deleted User]

Because they think their plans might be a vote winner at some point in the future? Why does a political party say or do anything? Of course, they have to make themselves electable first...

BikingBud

Deleted_User said:

Extract from Ed Miliband’s interview with Andrew Marr today. Source The Labour List.

• On nationalising energy company Bulb: “There’s two options in relation to energy companies that are in trouble. One is to get their customers taken on by other companies, which is what’s been happening. Secondly is a last resort to say we should have a special administration regime where it’s held in the public sector. I think we look at both of those options.”
• In response to Marr saying that is not nationalisation: “Well, it would be actually, in the short term. And then they’d go back into the market place. The test on this is, do you get value for money for bill payers and taxpayers?”
• Asked about Keir Starmer’s view of nationalising energy, he defended the Labour leader, saying: “There’s a role for common ownership in relation to energy. But there’s lots of different aspects to common ownership in energy. There’s supply, there’s generation, there’s distribution and there’s the grid. The energy market clearly isn’t working. We’re going to step back and look at what the right way of modelling our energy system in the future is. So there’s a role for common ownership, but we’ll set out at the election what it is exactly.”

At the election? How far off is that? 

  I wonder is that what he said or a very unfortunate mis-type?

Grumpy_chap

Not strictly an energy matter, but the Government still seem to be intent on driving towards competition in the consumer water market.  Will the proven "success" of energy competition influence that path?
Given that none of us know, this has to remain a rhetorical question I suppose.

gefnew

Another one bites the dust.
Bluegreen is the latest energy firm to go bust - BBC News

gefnew

Even more.
Warrington Council-backed Together Energy delays £12.4m Ofgem payment - BBC News

[Deleted User]

By coincidence I was only reading this today, which did not seem to receive much publicity. About massive losses suffered by local councils, who either invested in, or completely owned, local energy companies. And who is likely to pick up the tab - yup, the local council tax payers. Or if they are bailed out by central government the general tax payers I.e us all.

Research by the Taxpayers Alliance.

https://www.taxpayersalliance.com/council_energy_companies 

Shedman

Deleted_User said:

By coincidence I was only reading this today, which did not seem to receive much publicity. About massive losses suffered by local councils, who either invested in, or completely owned, local energy companies. And who is likely to pick up the tab - yup, the local council tax payers. Or if they are bailed out by central government the general tax payers I.e us all.

Research by the Taxpayers Alliance.

https://www.taxpayersalliance.com/council_energy_companies 

Those figures really make you wonder what on earth any council thought they were doing investing or setting up energy suppliers (especially in case of Warrington investing in one with such a bad reputation as Together Energy) !!

[Deleted User]

3 suppliers blocked from taking on new customers, including Omni. 

https://www.simplyswitch.com/three-energy-suppliers-blocked-from-taking-on-new-customers/