Speaking to LBC, Bloomberg's Alex Wickham explained: "This is reasonable worst-case scenario - it's not what the government expects to happen, it's not what the government hopes will happen, but it's what the government is planning for as a contingency.
"Over a short period of time in January - four days, the government thinks - it is possible that there are energy shortages that see demand for energy surpass the capacity that Britain has. "What that could lead to is a short period of time where the government organises blackouts for big industries that are very energy intensive or, in an absolute worst-case scenario, households."
He added: "What the government's saying is that, if everything progresses as it should - and as they hope - over the next few months between now and January, there won't be any shortages and there won't be any blackouts. "But if things start to go wrong - and clearly they have gone wrong over the last year with Russia's invasion of Ukraine and the fallout of the pandemic - things are pretty tight and there is not much capacity for the British state to deal with."
Ofgem are expected to raise the cap,the energy companies are making large sums of money, government is getting more in tax but I’ve yet to see any justification or reason as to why there needs to be a price hike again, other than greed can anyone advise why this is happening
Joke banana republic
Wasn’t that the consequences of voting for the other bloke that was supposed to take us back to the 70s? Welcome to the Unlit fuckd-lands UnlitUplands
Well that’s not going to go down very well is it with the public Even zippy and bungle Would tell you that’s a stupid idea
Fucks sake LBC, that's a hell of a tweet, compared to the actual story. Click bait much?
This sounds pretty sensationalised if I'm honest. Its a 'worst case scenario'...
If it’s going to be the 70’s again can we at least get Bowie back?
Secret?