51–60 of 136 posts
Earlier quoted context omitted.
UK is legally required to set the price of electricity to whichever generator has the highest cost - which is natural gas. Its called marginal cost pricing.
Are there any efforts to fix this?
The issue though is that the UK spends something along the lines of £10-25bn (depending how you count subsidies) a year on renewable. Something like £10bn in direct subsidies via CfD and RO, then another ~£1.5-2bn on curtailment (paying wind farms to turn off), ~£3bn in balancing market costs, and £6bn on transmission upgrade costs (passed back to consumers/businesses) to upgrade transmission for nearly always renewa…
How? The issue is local NIMBYs [0], anti-industry environmentalists [1], far left leaning groups [2], and even the fishing lobby [3] all attempt to obstruct wind farm expansion and make it difficult for moderates in Labour to actually execute on building energy independence for the UK.
Of course, this is also being amplified by information warfare by opponents to the UK [4][5], as can be seen by the social media campaign against offshore wind farms in the Isle of Man [6].
Frankly, the UK needs to internalize Fiona Hill's [7] position and start cracking down on fifth columnists like Farage, Corbyn, and their acolytes.
[0] - https://www.bbc.com/news/articles/c3r39el1ne0o
[1] - https://www.heraldscotland.com/news/26000069.rejection-200m-...
[2] - https://www.thetimes.com/uk/environment/article/labour-versu...
[3] - https://fishingnews.co.uk/news/developer-pulls-out-of-east-o...
[4] - https://www.theguardian.com/politics/2026/jan/18/uk-politics...
[5] - https://www.thetimes.com/uk/social-media/article/iran-war-fa...
[6] - https://www.facebook.com/61588338835208/
[7] - https://xcancel.com/FrankRGardner/status/2027098560647348410
So everything should be cheaper right...RIGHT?
UK is legally required to set the price of electricity to whichever generator has the highest cost - which is natural gas. Its called marginal cost pricing.
If you switched to 'people get paid what they bid' it's almost certain the market would just converge back to this anyway - but with a lot more gaming and guesswork (wind guessing the gas marginal price to try and get the highest price).
The issue though is that the UK spends something along the lines of £10-25bn (depending how you count subsidies) a year on renewable. Something like £10bn in direct subsidies via CfD and RO, then another ~£1.5-2bn on curtailment (paying wind farms to turn off), ~£3bn in balancing market costs, and £6bn on transmission upgrade costs (passed back to consumers/businesses) to upgrade transmission for nearly always renewa…
> build those wind farms closer to England How? The issue is local NIMBYs [0], anti-industry environmentalists [1], far left leaning groups [2], and even the fishing lobby [3] all attempt to obstruct wind farm expansion and make it difficult for moderates in Labour to actually execute on building energy independence for the UK. Of course, this is also being amplified by information warfare by opponents to the UK [4][…
But it was incredibly dumb to build many GW of offshore wind in Scotland when the grid was already over capacity.
Europe seems to be responding well since the Ukraine war, the picture now is a lot more positive than in 2022. The UK has postionined itself well, even without the mass uptake of local generation/storage in it's domestic market.
I couldn't disagree more. I'm going to point to Gary Stevenson [1] for why. He could probably get to the point faster but here's the core premise: Europe responded to the energy shocks since 2020 by transferring the better part of a trillion euros to energy companies in the US and the Middle East, particularly for LNG. Imagine where Europe might be if half a trillion euros was spent on renewables. The core problem as…
https://www.ft.com/content/7e8b47b3-7931-4354-9e8a-47d75d057...
Earlier quoted context omitted.
> build those wind farms closer to England How? The issue is local NIMBYs [0], anti-industry environmentalists [1], far left leaning groups [2], and even the fishing lobby [3] all attempt to obstruct wind farm expansion and make it difficult for moderates in Labour to actually execute on building energy independence for the UK. Of course, this is also being amplified by information warfare by opponents to the UK [4][…
I mean offshore wind, not onshore. Thankfully most of the new ones are being built in England - check https://openinframap.org/#7.05/53.375/3.069 , and these aren't curtailed. But it was incredibly dumb to build many GW of offshore wind in Scotland when the grid was already over capacity.
Frankly, opposition to either onshore or offshore wind farms is dumb and is clearly being weaponized by opponents of the UK.
> But it was incredibly dumb to build many GW of offshore wind in Scotland when the grid was already over capacity
Overcapacity is a good problem to have from a NatSec perspective (as is seen with Chinese and Indian solar).
Also, it's the Scottish Government that has been backing offshore wind farm development for almost a decade [1].
Similar initiatives could have been done in England, but face persistent issues at the local level due to weaponized opposition.
[0] - https://www.bbc.com/news/articles/c74vj881090o
[1] - https://www.gov.scot/policies/marine-renewable-energy/offsho...
Europe seems to be responding well since the Ukraine war, the picture now is a lot more positive than in 2022. The UK has postionined itself well, even without the mass uptake of local generation/storage in it's domestic market.
I couldn't disagree more. I'm going to point to Gary Stevenson [1] for why. He could probably get to the point faster but here's the core premise: Europe responded to the energy shocks since 2020 by transferring the better part of a trillion euros to energy companies in the US and the Middle East, particularly for LNG. Imagine where Europe might be if half a trillion euros was spent on renewables. The core problem as…
https://www.gov.uk/government/publications/electricity-gener... https://www.gov.uk/government/publications/energy-profits-le...
And the reason Spain is so well insulated is because they have limited gas interconnection so they have a 'captive supplier' in Algerian gas. Algerian gas can basically only go to Spain, Morocco or the domestic Algerian market. They have some limited LNG export capacity (which is growing and will significantly change the price Spain pays longer term).
Earlier quoted context omitted.
I mean offshore wind, not onshore. Thankfully most of the new ones are being built in England - check https://openinframap.org/#7.05/53.375/3.069 , and these aren't curtailed. But it was incredibly dumb to build many GW of offshore wind in Scotland when the grid was already over capacity.
Even offshore ones face persistent opposition [0]. Frankly, opposition to either onshore or offshore wind farms is dumb and is clearly being weaponized by opponents of the UK. > But it was incredibly dumb to build many GW of offshore wind in Scotland when the grid was already over capacity Overcapacity is a good problem to have from a NatSec perspective (as is seen with Chinese and Indian solar). Also, it's the Scott…
Earlier quoted context omitted.
UK is legally required to set the price of electricity to whichever generator has the highest cost - which is natural gas. Its called marginal cost pricing.
It's worth thinking how this would work if it didn't work like this though? Nearly all 'commodity' markets clear this way. If you switched to 'people get paid what they bid' it's almost certain the market would just converge back to this anyway - but with a lot more gaming and guesswork (wind guessing the gas marginal price to try and get the highest price).
Earlier quoted context omitted.
You seem to make the same comments in every thread about renewable energy regardless of what's actually happening.
Nice to see you again. Yeah, i feel it's a political thing where green initiatives are being pushed against the interest and benefit of voters. The benefits are continually overhyped and frankly in the UK we are seeing none of them. I actually quite like the idea of renewables and don't entirely understand Trumps pathological hatred of them, but i don't think politicians hamstringing our economy to win green points w…
If you like the idea of renewables take some time to understand the economics instead of spouting the same tired lies.
They don't "hamstring the economy". Nor will adopting them cause you to "fall behind". The "rest of the world" is rapidly adopting renewables.