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That’s because the price is set by the highest marginal producer Most of the UKs recent renewables are on a fixed price supply basis and when the market prices
by youngtaff 7mo ago
That’s because the price is set by the highest marginal producer
Most of the UKs recent renewables are on a fixed price supply basis and when the market prices goes over this the excess is eventually fed back into reducing consumer bills
- gib444 7mo agoAh yes the standard "<excuse>...just be patient, any day now it'll get cheaper" response we've been hearing for years I'm NOT against renewables. I'm NOT pro fossil fuels. I'm against the dishonesty in the discussion. Stop claiming direct reduction in bills if that's not going to happen [0] [0] https://www.ons.gov.uk/economy/inflationandpriceindices/timeseries/czcz https://www.ons.gov.uk/economy/inflationandpriceindices/time...