1. Does vertical integration matter if consumers still have a choice of suppliers and if generators are still competing with each other?
2. 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.
3. Why do you think switching rates have been so low in the retail energy market?
4. Assess some of the arguments for and against the use of price caps for all consumers on SVTs.