I'm on a electricity tariff where the per kWh unit price changes every 30 minutes, you're basically being charged at market rate or thereabouts, the prices for the next 28 hours are announced at 4pm every day. Generally the prices betwen 4pm-7pm are expensive and the rest of the time it's cheaper - although with current world events things have gotten a little spicy lately. On really windy days you definitely get to…
How are the fixed costs in this? Here in Sweden I have seen a strong trend that as the grid has become more variable and connected to the European grid, a larger portion of the bill becomes fixed. For most part of the year, the fixed costs are now greater than costs that scale with consumption. Transmission and construction, crewing and maintenance of of thermal power plants (under the name of "reserve energy") cost…
"Some of the modelling we have suggests that you could get to a position by 2030 where if the wholesale price was zero, bills would still be the same as where they are today because of the increase in non-commodity costs."
Fixed costs are enormous and are increasingly driven by paying for the CFDs that back up the economics of wind. The CFD scheme allows wind producers to de-risk from market prices by locking in a fixed price with the government who then recover this from bills.
So, yes you get to enjoy low variable costs when it's windy, but you pay for the priviledge year round.
I do think that wind has a part to play in the UKs long term energy mix, but by this point I'm happy to call the current scale-up a complete false economy.
Household and industrial electricity bills are double what they were in real terms 15 years ago.