"Since the UK is already a world leader in offshore wind it follows that we should have some of the lowest electricity prices in the world. In fact the opposite is true... People in this country pay more than twice as much for electricity as they do in the USA, where shale gas has transformed the energy market, and more than five times as much as in China, where they are still building coal-fired power stations. The reason the U.K.’s electricity prices are so high is because there is a massive hidden cost in renewables." #CostOfNetZero 👉 dailysceptic.org/2024/04/09/net…
@NetZeroWatch We used to back in 2019 before Covid disrupted the supply chains and the massive spike in Nat gas prices forced power prices, inflation and interest rates in to an upward spiral. 🤷🏼♂️
We SHOULD indeed have lower electricity prices. However Natural gas is the main driver of electricity prices across Europe. Renewable Electricity prices are artificially linked to gas electricity prices. Despite gas providing under half of the total electricity in the UK, in recent years it has set electricity costs 84% of time. Gas now costs a lot more than renewables to produce, yet we link electricity prices to gas. If we actually paid the average price of what our electricity now costs to produce, our bills would be substantially cheaper. To read the actual facts about this issue here is a detailed link to useful @ucl article on the subject. (Far more factual than the clickbait climate denial of @NetZeroWatch ) ucl.ac.uk/news/2022/sep/….
@NetZeroWatch The horrendous costs of Net Zero ARE INCREASING in spite of Sunak telling us all otherwise.
@NetZeroWatch We need to change the way the wholesale power price is set. Today gas power plants are the price setters so we don’t see the benefit of renewables in the price we pay for electricity.
@NetZeroWatch Yes to fracking #yestofracking 👍
@NetZeroWatch End of Climate Crisis: Hydrino® releases 200 times more energy than burning hydrogen. 24/7, $20/kW cost, $0.001/kW/h generation cost - JE Ommang, Electronics Eng.