Electrical outages. cyber attacks ?

We the tax payers are being fleeced by financial/psuedo markets. The National Grid are selling capacity to the distribution companies. They get bids from the generators to supply that capacity. The surplus supply through the inter-connectors will be cheaper (note the word surplus) than coal fired power stations with lots of inertia. So that's one column in the accountant's spreadsheet. Lots of cheap electricity we can sell and maximise profits. Also it probably ticks the low carbon box as well because electricity from France will be nuclear and from Norway it will be hydro.


All fine and dandy so far. Lot's of cheap electricity at knock down prices, a competitive market and happy end customers. In normal conditions with no dastardly mishaps, great! But hang on a minute, those awkward techies who know about these things, shout out what about contingency supplies and backups?


Ha! Ha! say the accountants, we move on to that as separate issue now that we have got our bonuses sorted flogging cheap electricity. We now need monies from another pot to pay for the contingency that the techies are insisting on.

They keep going on about rates of change of frequency and inertia, but we only understand pound notes and division lobbies. So we will put a green levy on the clean, low inertia energy to pay for the contingency supply that the grumbling techies are insisting on. That should keep everyone happy :-):-). That all fine and dandy until the lights go out, the trains stop and folk start listening to the techies as to why it all happened. It is because it's done exactly as it was designed to do.

You have been paying for cheap energy through the inter-connectors that you can't use at times of low demand because there wouldn't be enough inertia in the grid as a whole to maintain a stable 50hz. There you go again banging on about Hz again, say the Money Men!

The general public are hypocrites as usual. On the one hand they will squeal about the lights going out for a few minutes and how polluting coal is, and how nasty nuke energy is, but ask them to pay for the backup supplies and they will vote for the other party which says it's not needed.

This is what happens when you get ideological politicians, economists and accountants to design a psuedo-market using technology that they don't understand.


Am I somewhere near with this?

We the tax payers are being fleeced by financial/psuedo markets. The National Grid are selling capacity to the distribution companies. They get bids from the generators to supply that capacity. The surplus supply through the inter-connectors will be cheaper (note the word surplus) than coal fired power stations with lots of inertia. So that's one column in the accountant's spreadsheet. Lots of cheap electricity we can sell and maximise profits. Also it probably ticks the low carbon box as well because electricity from France will be nuclear and from Norway it will be hydro.


All fine and dandy so far. Lot's of cheap electricity at knock down prices, a competitive market and happy end customers. In normal conditions with no dastardly mishaps, great! But hang on a minute, those awkward techies who know about these things, shout out what about contingency supplies and backups?


Ha! Ha! say the accountants, we move on to that as separate issue now that we have got our bonuses sorted flogging cheap electricity. We now need monies from another pot to pay for the contingency that the techies are insisting on.

They keep going on about rates of change of frequency and inertia, but we only understand pound notes and division lobbies. So we will put a green levy on the clean, low inertia energy to pay for the contingency supply that the grumbling techies are insisting on. That should keep everyone happy :-):-). That all fine and dandy until the lights go out, the trains stop and folk start listening to the techies as to why it all happened. It is because it's done exactly as it was designed to do.

You have been paying for cheap energy through the inter-connectors that you can't use at times of low demand because there wouldn't be enough inertia in the grid as a whole to maintain a stable 50hz. There you go again banging on about Hz again, say the Money Men!

The general public are hypocrites as usual. On the one hand they will squeal about the lights going out for a few minutes and how polluting coal is, and how nasty nuke energy is, but ask them to pay for the backup supplies and they will vote for the other party which says it's not needed.

This is what happens when you get ideological politicians, economists and accountants to design a psuedo-market using technology that they don't understand.


Am I somewhere near with this?