No, I am not. The underinvestment extends to the grid (the UK has trouble replacing power lines/maintenance, let alone moving towards adding new capacity...the UK has very few detached houses so this is going to be complex).
And "build more power plants"...so simple...part of the problem is that actually building more power plants is more complex than just typing a post out or observing it should be true. This is linked to the issues that I mentioned in the previous post (when the govt moved towards green power a decade or so ago, investment went through the floor...more recently, they have introduced price caps...the reason why the UK hasn't built power plants is because the govt asked companies to build them, and they said no...which is why the govt has had to hand out big subsidies to nuclear).
Btw, if you aren't familiar with something, ask more questions (I know this because I used to work as an analyst, and part of my coverage was these companies) rather than assume that someone has made a basic mistake. The power market is local, not global. What is happening in the US isn't happening everywhere else (the UK is far further down this road than anyone else).
And "build more power plants"...so simple...part of the problem is that actually building more power plants is more complex than just typing a post out or observing it should be true. This is linked to the issues that I mentioned in the previous post (when the govt moved towards green power a decade or so ago, investment went through the floor...more recently, they have introduced price caps...the reason why the UK hasn't built power plants is because the govt asked companies to build them, and they said no...which is why the govt has had to hand out big subsidies to nuclear).
Btw, if you aren't familiar with something, ask more questions (I know this because I used to work as an analyst, and part of my coverage was these companies) rather than assume that someone has made a basic mistake. The power market is local, not global. What is happening in the US isn't happening everywhere else (the UK is far further down this road than anyone else).