But that's beyond the grasp of most of our politicians, and it is completely beyond the grasp of the competition/deregulation ayatollahs of the EU, as detailed in excrucinating detail in all these articles:
Competition is a policy, not an objective Experts disagree on market liberalisation Will the next German election be a referendum on nuclear energy? EU Energy inconsistencies and lies So is energy strategic or not? Markets are just magic Even CATO libertarians say energy deregulation does not work Energy: the fundamental unseriousness of Gordon Brown The markets will provide (subject to the weather) Russia scaremongering cranked up again UK govt does not like some market prices Energy Quackery Define "cheap" (and define "competition", too) In the long run, we're all dead. John Maynard Keynes