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Transcripts for BBCNEWS World Business Report 20220105 05:38:00

difference the key is, if the mechanism comes in, what is the level of the preagreed price, how is it said and how frequently it changes. [30 how is it said and how frequently it changes. do you think that frequently it changes. do you think that is frequently it changes. do you think that is a frequently it changes. do you think that is a viable - frequently it changes. do you think that is a viable solution | think that is a viable solution to this problem that we are experiencing currently? wholesale market intervention of this kind has not been seen in the post privatisation era of the uk energy market. if anything it has parallels with some of the approaches we saw under nationalisation. the challenge that we would have with such a mechanism is that, effectively, that policy would risk blunting the trade wholesale price as a signal for investment in the energy sector. at a time when high levels of spending on energy and energy infrastructure are needed to help enable or faci

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