Powerisk reported last week about the growing concern that a number of UK companies have in the lack of competition in Europe. As if by luck the French announced that partial flotation of EdF would ensue, this has caused outrage with their unions and this will not be an easy process. Perhaps the biggest irony is that they are short of money due to their spending spree five to ten years ago and one of the best ways that they can raise money is through an IPO.

Furthermore the UK delegation went to Brussels to put across the viewpoint that supply was coming from a number of limited sources, and that the security with carbon pressures were becoming more of an issue. The commissions response to end users was sign up long term contracts and look at energy efficiency. The end users were not amused based on the fact that market forces were already pushing them in this direction already.