It looks like Christmas has come early for EDF as they announce substantial quarterly profits today. It’s yet another slap in the face for households struggling to pay their energy bills this winter. And it’s also another symptom of the sickness at the heart of Britain’s broken energy system.
Despite their surging profits, bumper bonuses and our sky-high bills, new renewables account for just one per cent of EDF’s investment plans. They have even been lobbying the government against (…)