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That makes sense. People in the UK want their energy prices to fall, at pretty much any cost at the moment
by was_a_dev 3y ago
That makes sense. People in the UK want their energy prices to fall, at pretty much any cost at the moment
- jon-wood 3y agoAnd frustratingly they could, if the current system of renewable wholesale prices being pinned to the most expensive, fossil fuel, prices were removed. There’s some complexity there because building of renewable generation is incentivised via being able to charge more for it, and therefore break even on the investment earlier, but it certainly seems like that would have been a better move than the government just outright subsidising massive price increases, thus transferring money directly from taxpayers who are feeling the pain of inflation to some of the richest companies in the world.