Whitehall:
The energy policy framework combines competitive energy markets and effective, independent regulation
But stable affordable energy? Er - actually, no.
competitive energy markets
means
(a) awash with speculative money; and
(b) shamelessly manipulated by investment banks and traders.
while
effective, independent regulation
is a sad joke. "Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky
