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Those evil capitalists are choosing to build offshore wind, without subsidy in the UK. Gas expansion has completely ceased, and based on the last auction round
by NeedMoreTea 7y ago
Those evil capitalists are choosing to build offshore wind, without subsidy in the UK. Gas expansion has completely ceased, and based on the last auction round for offshore licences is nearing a point where building new wind is cheaper than keep running existing gas plants. So I expect to see the decline of UK gas start soon. Fossil simply cannot compete on price. It would be even more of a no-brainer price wise, if we didn't have a government stupid enough to cease onshore wind.
Coal is almost completely out of UK generation - the single digit number of plants left spend almost all their time idling as source of last resort. Gas is next. It might survive a little longer as a fill in source used in lieu of battery and storage, again temporarily.
TL;DR Gas is on borrowed time unless it has been given an artificial leg up, i.e. regulation or fossil subsidy.
- ci5er 7y agoGreat! Depending on geography, one would hope this to be the case...