In pursuit of a complete failure to understand the problems with its own 'capacity market' Ofgem seems about to make things a whole lot worse by reducing capacity margins - by taking away the incentives to a lot of small scale generators whose existence helps to keep the electricity sector running.Ofgem runs on a piece of fantasy theory that the capacity market will work better if the 'distorting' benefits to so-called 'embedded;' generators are taken away. In fact the opposite it the case. Ofgem's...