Power prices are based on the wholesale price of gas worldwide but renewables are increasingly taking up the slack in power delivery.
In January this year, windpower set a new record providing just over half of the UK’s entire power needs for a half hour period – small but significant and proves the point of potential.
Wind is the cheapest source of new power and reduces the use of higher cost fossil fuels which themselves drive up energy bills. It makes you wonder why in the face of a cost of living crisis and for many unaffordable energy bills the government still stands in the way of on-shore wind energy generation.
This country benefits from strong winds in winter, strong sunshine in summer and has an unusually long coastline with high tides and could so easily be wholly dependent on domestic renewables if it so chose. The advances in battery technology also make it increasingly possible to manage the intermittency of conventional renewables.
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