The Anonymous Widower

Common Sense On Energy From The Economist

This article in The Economist reviews the energy market and says that increasing competition is shaking up the energy market. It is very much a must read for everyone.

The article finishes with this point.

Indeed, Mr Miliband’s threat of draconian intervention already looks dated. If anything, argues Mr Reid, the Labour Party leader might have forced prices to remain higher for longer than they might otherwise have been. Companies have been reluctant to reduce prices too much, he says, for fear that they might not be able to raise them again after the election.

It probably illustrates that dealing with the big energy companies is not simple or something for an amateur.

November 28, 2014 - Posted by AnonW | World | Energy