Britain’s a bit different, as it’s caught in a perfect storm. It got a large amount of its energy from Russia, and the invasion hit just as Britain was also pouring massive investment into renewables and nuclear, which has to be paid for via energy bills. Add onto that the £40bn annual loss to the economy from Brexit and yeah, prices aren’t going down any time soon, but it isn’t necessarily because of profiteering. For example, rail freight operators have mothballed their electric fleet because the tariff per mile is so much higher than diesel at the moment. And they’re a business sector who can readily change from electricity.
Certainly what we appear to have experienced in the UK, I’m sure it’s the same in other countries
Britain’s a bit different, as it’s caught in a perfect storm. It got a large amount of its energy from Russia, and the invasion hit just as Britain was also pouring massive investment into renewables and nuclear, which has to be paid for via energy bills. Add onto that the £40bn annual loss to the economy from Brexit and yeah, prices aren’t going down any time soon, but it isn’t necessarily because of profiteering. For example, rail freight operators have mothballed their electric fleet because the tariff per mile is so much higher than diesel at the moment. And they’re a business sector who can readily change from electricity.
That’s really interesting stuff, thanks for the reply