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<blockquote data-quote="Gary - Power and Gas" data-source="post: 8155561" data-attributes="member: 169616"><p>Hi All, although I am in renewables we are a full consultancy so I am very up to date with the energy market and the current struggles. </p><p></p><p>There are a lot of issues within the energy market and I'll answer the questions as briefly as I can. </p><p></p><p>1. some suppliers are still making large profits while a lot of residential suppliers have gone bust? This is due to the price cap - residential suppliers hands were tied as to what they could charge compared to the buy price. commercial suppliers can charge in line with the market </p><p></p><p>2. There’s not enough capacity for generation in the UK? Not at present, there is enough space but it takes time to plan and build and needs to be private financial backing (that's where I come in)</p><p></p><p>3. Is the government creaming off the top? That's politics which I don't get involved with </p><p></p><p>4. If anyone would like the commodity forecasts, I can talk about the commodity market for the next 2 hours until you are all bored to tears</p></blockquote><p></p>
[QUOTE="Gary - Power and Gas, post: 8155561, member: 169616"] Hi All, although I am in renewables we are a full consultancy so I am very up to date with the energy market and the current struggles. There are a lot of issues within the energy market and I'll answer the questions as briefly as I can. 1. some suppliers are still making large profits while a lot of residential suppliers have gone bust? This is due to the price cap - residential suppliers hands were tied as to what they could charge compared to the buy price. commercial suppliers can charge in line with the market 2. There’s not enough capacity for generation in the UK? Not at present, there is enough space but it takes time to plan and build and needs to be private financial backing (that's where I come in) 3. Is the government creaming off the top? That's politics which I don't get involved with 4. If anyone would like the commodity forecasts, I can talk about the commodity market for the next 2 hours until you are all bored to tears [/QUOTE]
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