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How would nationalisation of energy companies work
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Errr.....🤔stripling said:
A big hunk of National Grid is currently being brought back into state ownership - largely because it's the only way to get our energy supply decarbonised. Only Britain & Portugal have privately owned grids.born_again said:Pretty sure that courts would be the route & the cost of buying up all the energy suppliers would be so big that it is simply not feasible for any government.
Remember that most, if not all are owned by investment groups. So they will want back at least what they paid. Even National Grid is owned by investment groups, most of which are foreign owned.4.8kWp 12x400W Longhi 9.6 kWh battery Giv-hy 5.0 Inverter, WSW facing Essex . Aint no sunshine ☀️ Octopus gas fixed dec 24 @ 5.74 tracker again+ Octopus Intelligent Flux leccy0 -
So the long and the short of it is that there's no need to worry about losing our chewl energy from Octopus.0
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