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Q&A: New UK onshore wind and solar is '50% cheaper' than new gas

Posted by DamonHD |2 hours ago |13 comments

NVHacker an hour ago[3 more]

If you are wondering why the air quotes around "50% cheaper", it's because the price of electricity is set based on the price of gas. Crazy, right ? https://www.greeniow.org.uk/why-uk-electricity-prices-are-ti...

monsecchris 17 minutes ago

Gas can produce enormous amounts of power at short notice 100% of the time.

The CFDs are locked in at persistently high prices for decades. All these actions will increase costs to customers.

guidedlight an hour ago[2 more]

Doesn’t gas generators set the market price 98% of the time in the UK?

They need to fix their market pricing mechanism before the public benefit from cheaper renewable energy sources.