Energy price cap: Typical household to pay £149 more a year from October
Energy price cap: Typical household to pay £149 more a year from October
Energy regulator Ofgem announces price changes for 28 million households in England, Wales and Scotland.
"Why does gas make my green electricity provider more expensive?" https://commonslibrary.parliament.uk/why-is-cheap-renewable-electricity-so-expensive/
This isn't the whole story.
There's also the fact that National grid are very wary of running without spinning turbines being available to restart the grid if a problem occured. The number of cases where, in retrospect, we could have switched gas off, but didnt, is growing month by month.
Apparently they have a plan to do it using pumped hydro stored energy, but we are always turning the wind power down rather than turning the gas off.
Once Dogger Bank is online it'll be very common to have too much power being generated, and yet I'm sure gas will dictate the energy price if something doesn't change.
It's all faith really. There is no faith renewables can see us through when the wind is no blowing and their is no sun. Maybe tidal will help easy that fear. I absolutely believe there is plenty of time gas could have been off but wasn't.
When the faith is there we don't really need gas, that will when the price is decoupled and the markets will kill gas overnight.