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Are there any efforts to fix this?
by toomuchtodo 7mo ago
Are there any efforts to fix this?
- nagisa 7mo agoMore renewables and batteries so that gas generators wouldn't have any leftover capacity to bid for.
- heyitsmedotjayb 7mo agoI believe that no governing party has attempted to fix this. Generally - this set up benefits the oil/gas lobby, so efforts to change it will butt heads with them. UK also trades energy with mainland Europe, which can add a complication with how prices are set.
- ufmace 7mo agoWhy should they? It's not the right time for that yet. Letting the price stay high despite renewable prices being lower means it's tremendously profitable to build new renewable sources, so there's lots of incentive for it to be done.
- heyitsmedotjayb 7mo agoThere's no incentive... Why invest in a less reliable source if you could endlessly purchase gas power for the same price? It slows the transition from fossil fuels and ensures that oil and gas never takes a loss.
- triceratops 7mo agoBecause the sun is free but you can sell it like it's gas.