You take so much for granted.
If these markets produce their version of 2008, building renewables and no storage, and then we have blackouts - will you stand by those words if the power grid collapses and people freeze to death?
With the ‘markets’ not ask for government intervention and bailouts at my expense?
We have identified a few key areas where pricing energy is not enough and therefore price available of physical properties.
Not sure what point you think you are making.
Following their troubles they strengthened ancillary services and created new regulations to ensure stability.
All this made them quite easily manage the last winter storm in January 2024.
https://www.spglobal.com/market-intelligence/en/news-insight...