RE: Prospects for Prospex Energy look good to become a European focused energy player say @TMsreach22 Jan 2021 13:37
True, they are trying to phase fossil fuels out. But there is a long way to go. For gas all new build homes from 2030(?) will be electric only. But all houses before that still need gas. Those heat pumps the government want us all to have a really expensive to install. Plus the fact that gas per kwh is 5 times cheaper than electricity. Most people are looking at the bottom line and thinking gas is cheaper, so stick with it. I believe petrol/diesel will be phased out before gas.