That's fine for residential customers. But if there isn't cheap, reliable excess capacity then that inhibits industrial growth. Low economic growth rates cause everyone to go without.
replyThe UK doesn't really rely on industrial growth for the economic growth it has.
replyRight, that's one of the reasons why UK economic growth has been so anemic.
replyThe UK deindustrialize themselves they stopped making things that reduced the energy that the used to use.
replyThat's not the only way to go without. Cutting back on your electricity usage because your utility bill is getting too high is another way to do it.
replySometimes that's fine if you're just reducing waste. However other times it could mean that you can't keep your house at a reasonable temperature because you can't afford to run your heater/air conditioning enough. That's a form of going without.