RE: The good thing8 Nov 2024 18:11
Dont expect power prices in the UK to drop. thanks to the netzero. haven't checked today, but power prices looked like they were going to spike to £1k/MWh this evening - that's all because we only had one CCGT available to deliver additional power...there is no wind in the system, no solar and our default back up system (the interconnectors) was constrained because Europe didnt have any wind and solar either. The utter stupidity of closing coal and gas plants without having a proper back up plan is simply staggering...and I'd argue border line criminal - some people are making a lot of money out of it, whilst the consumer pays. Meanwhile more expensive power is closing down power intensive industry - shifting carbon emissions abroad, along with jobs...madness! even if you'd been brainwashed by the netzero zealots, surely you'd still see the madness of the stupid situation we ave go ourselves into.