Felly sgrifennodd Jon O'Rourke :
My very basic understanding is that much of our electricity is generated via
gas and a large percentage of this is now imported. Thus, I find the
conclusion above more than a little difficult to believe.

At a guess, it's the futures market. They thought they were going to need a
lot, so they bought more on the futures market at the higher price of last
Autumn.

I am assuming here that gas has decreased a little since, along with oil.

Adrian
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Adrian Shaw ais@
Adran Cyfrifiadureg, Prifysgol Cymru, aber.
Aberystwyth, Ceredigion, Cymru ac.
http://users.aber.ac.uk/ais uk