Comment by AlexandrB

11 hours ago

So who's working on fixing it? It's not like "the price is fixed to the price of gas" is some iron law of nature. Meanwhile you have folks seeing these three things together:

- England is 90% renewables

- Renewables are a really cheap source of energy.

- England has very high energy prices.

And the obvious conclusion is that someone is lying. It's eroding support for renewables among those that don't have time to investigate how or why the spot price of gas sets the overall energy price.

8 comments

AlexandrB

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oskarkk  10 hours ago

>England is 90% renewables

The thing is, it's nowhere near 90% in general. 90% is the generation right now, with sunlight and good wind. On the site you can see that renewables were 66% in the last 24h, 46% in the last week, and 42% in the last year. I don't think it's possible to have 90% renewable generation overall without massive energy storage.

pydry  11 hours ago

>It's not like "the price is fixed to the price of gas" is some iron law of nature.

It kind of is.

Gas is the only source of electricity currently which can be scaled up and down at will and on demand.

Even once grids eventually go 100% green we will probably still use (green, synthesised) stored gas as the power source of last resort on cold, windless nights after batteries and pumped storage have been depleted.

jackpeterfletch  11 hours ago

My understanding is that legislation is in the works to fix that. But we’ll see.