metalblue
Well-Known Member
You blamed the EU for wholesale energy being tied to TTF. It’s literally what you said. The decision to tie energy costs to the marginal rate (which is almost always TTF) is nothing to do with the EU, and whilst it has worked well for many years, the shock of TTF going up by hundreds of percent in a very short period meant that it became a really bad way of calculating the wholesale price as far as the consumer was concerned, but brilliant for the non-gas energy producers, who suddenly were making huge windfall profits. It was within the government’s power to make a temporary change to the pricing formula but they chose not to. Anyway it’s all academic and we aren’t going to agree so I’ll leave it there.
I don’t know why you keep repeating the same argument. It doesn’t get any less wrong. I’ve explained this in at least three posts now and really can’t be bothered doing so for a forth time.
Enjoy your evening.