Tagged with 'competitionsauthority'

Would a probe into the energy market really deter investments and lead to blackouts?

Since Ofgem completed its investigation last week and a probe from the Competitions Authority was called for, some have spoken out on the issue claiming that the move could stall investment and lead to energy blackouts in the short term future. The initial snipe came from Centrica (British Gas) boss Sam Laidlaw which isn't surprising but since then more and more people have questioned the move and how it might affect the short term future of UK energy. So what's all the fuss about? Shouldn't we be happy about the probe?

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