1. Wholesale and retail energy markets are expected to deliver on a number of targets including competitive...
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1. Wholesale and retail energy markets are expected to deliver on a number of targets including competitive pricing, environmental objectives and equity. Explain why this may present problems.
2. Why do you think switching rates have been so low in the retail energy market?
3. Assess some of the arguments for and against the use of price caps for all consumers on SVTs.
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1 These targets may conflict with each other For example the provision of renewable energy may be more expensive and so reduce the likelihood of competitive pricing The regulator therefore may have to ...View the full answer
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