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Never mind, "I might as well":  I do!

There has never been such a complete bollocks as the UK electricity market.

But then it is designed to extract the maximum short term profit for shareholders, because their agents are essentially the ones who designed it.

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Sat Jan 26th, 2008 at 11:46:50 AM EST
[ Parent ]
And the Californian market (Enron, anyone?).

The point is that deregulation and unbundling is only advocated by those who stand to profit from destroying a working system. It is wasn't for them nobody would have thought of doing it, therefore it doesn't work irrespective of how it's done, because those who might "do it well" won't do it in the first place.

We have met the enemy, and he is us — Pogo

by Migeru (migeru at eurotrib dot com) on Sat Jan 26th, 2008 at 11:48:34 AM EST
[ Parent ]

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