The best laid plans of Westminster mice
Dec 16, 2015
Bishop Hill in Climate: Parliament, Energy: grid

  Do you remember the grid emergency the other day, when the grid was said to have accepted an offer of £2500 per MWh to supply power to the grid, a slight markup on the normal price of £40?  The Commons Energy and Climate Change Committee reckon there may have been some dodgy dealing going on and they have written to Ofgem asking for an investigation:

 

 The best laid plans o' Westminster mice gang aft into a rent-seeker's paradise. Perhaps it might have been a good idea to maintain higher safety margins on the grid?

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