Do you remember the old lady who swallowed a fly? Her chosen remedy – to swallow a spider in hope of catching the fly – unfortunately made things worse: said spider wriggled and jiggled and tickled inside her. She dealt with this unintended consequence by swallowing a bird, which didn’t help either. Bird led to cat led to dog, goat and then cow (I don’t know how). The sad denouement came when she swallowed a horse, and died. Of course.
The British electricity system is starting to look worryingly like that poor old lady. The government, dissatisfied with what the markets are delivering, is proposing modification after modification, in the hope that one day the ‘neutral’ market will deliver the government’s ever more obvious technology preferences. It looks as if our energy policy designers have forgotten their nursery rhymes.