9 comments

  • adds68 4 hours ago
    Europe seems to be responding well since the Ukraine war, the picture now is a lot more positive than in 2022. The UK has postionined itself well, even without the mass uptake of local generation/storage in it's domestic market.
    • jl6 4 hours ago
      Electricity prices in the UK are painful, and galling when set by the price of gas, but it’s worth remembering that this model and all this expense has bought a major asset that will only become more important and strategic.

      The next milestones to hit are:

      * A 10x increase in generation capacity

      * A 100x increase in storage capacity

      * A 1000x increase in seasonal storage capacity

      * Electrification of heating

      * Electrification of synfuels and synthetic chemical feedstocks

      Full energy sovereignty is achievable within 10 years at wartime-spending levels. Probably 30 years otherwise.

      Rehabilitation of nuclear is almost certainly required for the transition and a very good hedge / backstop regardless.

      • pjc50 3 hours ago
        Yeah, we're (UK) only just at the "occasionally cheap 100% renewables" state, and it's maddeningly slow progress. But it seems like a lot of things are suddenly coming online, like battery storage, and the Scotland-England grid upgrade will happen in the next few years. https://eandt.theiet.org/2026/04/02/ps12bn-plan-upgrade-scot...
        • rcxdude 3 hours ago
          The transition will probably be quite nonlinear: getting from zero to a few days a year of 100% renewables is about as much effort as going from a few days a year to most of the year.
          • 7952 45 minutes ago
            Plug in solar could be like that.
      • EliRivers 1 hour ago
        Electricity prices in the UK are painful, and galling when set by the price of gas

        It's painful indeed. Today, I watched the price go negative as wind and solar reduced the gas contribution to about 3% of the mix. As that gas mix rose to 5%, the price turned around and became painfully expensive again.

    • jmyeet 3 hours ago
      I couldn't disagree more. I'm going to point to Gary Stevenson [1] for why. He could probably get to the point faster but here's the core premise: Europe responded to the energy shocks since 2020 by transferring the better part of a trillion euros to energy companies in the US and the Middle East, particularly for LNG.

      Imagine where Europe might be if half a trillion euros was spent on renewables.

      The core problem as he describes it is that European governments don't own these providers so it's a wealth transfer from taxpayers to the ultra-wealthy.

      Back in the pandemic, Spain was one of the few countries that tackled the inflation shock in a better way with a windfall profits tax. Interestingly, Europe is talking about doing that now [2]. That would be smarter.

      Energy prices disproportionately hurt the poor [3]. If the government owned or part-owned the energy (like Norway does) then you could offset that without burning cash to stick your head in the sand for a little bit longer.

      [1]: https://www.youtube.com/watch?v=Oi265I48MdI

      [2]: https://www.cnbc.com/2026/04/04/europe-energy-windfall-profi...

      [3]: https://www.minneapolisfed.org/article/2023/rising-household...

      • martinald 2 hours ago
        The UK had/has the exact same windfall tax on energy:

        https://www.gov.uk/government/publications/electricity-gener... https://www.gov.uk/government/publications/energy-profits-le...

        And the reason Spain is so well insulated is because they have limited gas interconnection so they have a 'captive supplier' in Algerian gas. Algerian gas can basically only go to Spain, Morocco or the domestic Algerian market. They have some limited LNG export capacity (which is growing and will significantly change the price Spain pays longer term).

        • jmyeet 1 hour ago
          Spain has the advantage that solar is very effective because it's further south than most of Europe. Solar now seems to be 20-25% of Spain's electricity mix (and rapidly increasing). As cost the projected costs [1]:

          > We anticipate low solar capture prices of close to €25/MWh in 2027 and €20/MWh in 2028

          > And the reason Spain is so well insulated is because they have limited gas interconnection so they have a 'captive supplier' in Algerian gas

          Interestingly, this is also a factor in US pricing of natural gas and oil. The hotly contested (and ultimately cancelled) Keystone SL pipeline was designing to bring energy products to a wider market and ultimately to raise prices. Don't believe anyone who tells you oil companies build pipelines to lower prices. As an aside, different pipelines were built instead without the same controversy.

          [1]: https://www.spglobal.com/ratings/en/regulatory/article/spain...

      • argsnd 2 hours ago
        • blitzar 46 minutes ago
          Everyone on TV gobbing off about anything is a grifter.
  • edent 4 hours ago
    I'm in the UK and am currently being paid to use electricity.

    My energy provider uses a tracker tariff which can change every half hour (it does have a maximum cap to prevent the issues seen in Texas). Prices are currently negative, so every kWh I use right now means the electricity company pays me.

    Nuclear promised energy which was "too cheap to meter". But solar actually delivered.

    • ahhhhnoooo 3 hours ago
      If you had a big enough battery, could you sell electricity back to the grid later? Get paid to charge the battery, get paid to discharge the battery?

      It seems silly, but actually... it's driving useful behavior I suppose. Then again, maybe a good government would notice this and just fast track grid storage rather than distribute that work to all the citizens.

      • edent 3 hours ago
        Yes. I have a 4.8kWh battery which is slurping up electrons. It charges either from our solar panels or from cheap grid electricity.

        It discharges when prices are high. So it'll mostly go into my oven tonight. If export prices are high, it can also sell back.

        Very roughly, we sell about 16% of our stored electricity - the rest is used by our home.

        See https://shkspr.mobi/blog/2026/02/30-months-to-3mwh-some-more...

      • rcxdude 3 hours ago
        A lot of the value to homeowners is essentially arbitrage on the retail cost of electricity: when prices are high you're going to be paying a lot more to pull electricity from the grid than you would be paid to supply it, so you're better off using up the buffer yourself as opposed to paying for electricity from the grid.
      • dehrmann 2 hours ago
        Someone at the utility went through the same math you are and decided it isn't worth it at scale. It's probably not worth it at small scale.
        • beng-nl 56 minutes ago
          Back of the envelope I did one time told me i could earn more by picking up cans off the street and trading them for the deposit.

          Still, it would feel nice - after the initial cost- to have very cheap power (only charge when cheap).

        • ZeroGravitas 1 hour ago
          The UK is world leading in battery rollout because someone did the sums and decided it did make sense at scale.
      • jonatron 3 hours ago
        > If you had a big enough battery, could you sell electricity back to the grid later? Get paid to charge the battery, get paid to discharge the battery?

        Yes, some people do this. There's even a startup built around the idea: https://www.axle.energy/

      • fhn 3 hours ago
        Sure you could. How much do you think they will pay you per kw? 1/10 what you paid them and they will charge you for using their infrastructure..at least in the US they do.
      • Maxion 3 hours ago
        Overall on it's own that isn't yet profitable to do, unless you're e.g. a wind producer.
      • cjrp 3 hours ago
        Yes, I believe some EVs allow this too.
    • jonatron 3 hours ago
      Batteries are getting affordable too - Fogstar do a 16kWh battery for around £2000. Plus, grid scale iron-air batteries sound promising.
  • Synaesthesia 4 hours ago
    When I was young they talked about a green revolution. Now with low solar panel costs, as well as batteries and inverters we really are living in a green revolution.
  • fhn 3 hours ago
    So everything should be cheaper right...RIGHT?
    • heyitsmedotjayb 2 hours ago
      UK is legally required to set the price of electricity to whichever generator has the highest cost - which is natural gas. Its called marginal cost pricing.
      • martinald 2 hours ago
        It's worth thinking how this would work if it didn't work like this though? Nearly all 'commodity' markets clear this way.

        If you switched to 'people get paid what they bid' it's almost certain the market would just converge back to this anyway - but with a lot more gaming and guesswork (wind guessing the gas marginal price to try and get the highest price).

        • heyitsmedotjayb 2 hours ago
          Unregulated free markets optimizing for the least efficient, and highest possible price to the consumer? That's interesting, because its 100% the opposite of what I've been told my whole life.
          • maxerickson 56 minutes ago
            Why do you see it that way?

            The idea behind the regulation is that it's providing the maximum incentive to bring cheaper electricity to market.

            If you try to mandate that high cost producers charge less, they will do what makes sense to control costs and then quit altogether once they are losing money.

          • ZeroGravitas 1 hour ago
            It's not the highest possible price, it's roughly the same price but with less transparency and some fudge factors added due to uncertainty.

            In a world where renewables are cheaper the transparency speeds the transition

            • heyitsmedotjayb 1 hour ago
              It floats oil and gas profits with huge public subsidy while ensuring nobody in the market realizes benefits from alternate sources. It slows/blocks the transition.
              • ZeroGravitas 1 hour ago
                I have no idea what you are talking about.

                I'm open to the idea that oil and gas are protected and subsidized in many different ways.

                Accurate information on how much more they costs than renewables I don't see the link.

                Accurate prices are good. Actions that stop the market acting on the accurate prices are bad.

                • heyitsmedotjayb 1 hour ago
                  Why would anyone address the additional challenges and reliability concerns of renewables, when oil can be purchased for the same price? What kind of incentive does that set up?
        • stevesimmons 2 hours ago
          That's only true for spot pricing, right? Longer term supply contracts can embody more "strategic" criteria.
      • ViewTrick1002 2 hours ago
        That's how all commodity markets works. All of Europe runs on the same scheme.

        Do you think the Saudi's price their $10 per barrel oil at $10? The average price? Median? Or marginal?

        They price at at the marginal price.

        In the UK what this means is that cheap production like renewables and storage are incentivized to get built while the most expensive fossil production is shutting down.

        Then at some point renewables start to become to marginal producer and prices crater. Which is already happening.

        • heyitsmedotjayb 1 hour ago
          Saudi's use the government to price their oil internally low... on the free market they sell it at the price dictated by supply and demand. Renewables and storage are disincentivized because oil and gas is legally blocked from ever taking a loss. Whats stopping O&G from raising prices to keep their marginal producer status and ensuring a race to the bottom?
          • ViewTrick1002 1 hour ago
            How can they be legally blocked from ever taking a loss? It is a market. They bid.

            There's a plethora of producers with varying equipment, startup times, ramp times, costs and so on.

            As renewable penetration expands the most expensive, or least flexible ones are called in fewer and fewer hours until they shut down. If one oil and gas producer tries to raise prices a competitor steps in and fills the demand.

            Did you think there was this one monopoly oil and gas power producing able to dictate prices at will?

      • toomuchtodo 2 hours ago
        Are there any efforts to fix this?
        • nagisa 2 hours ago
          More renewables and batteries so that gas generators wouldn't have any leftover capacity to bid for.
        • ufmace 1 hour ago
          Why should they? It's not the right time for that yet. Letting the price stay high despite renewable prices being lower means it's tremendously profitable to build new renewable sources, so there's lots of incentive for it to be done.
          • heyitsmedotjayb 1 hour ago
            There's no incentive... Why invest in a less reliable source if you could endlessly purchase gas power for the same price? It slows the transition from fossil fuels and ensures that oil and gas never takes a loss.
            • triceratops 1 hour ago
              Because the sun is free but you can sell it like it's gas.
        • heyitsmedotjayb 2 hours ago
          I believe that no governing party has attempted to fix this. Generally - this set up benefits the oil/gas lobby, so efforts to change it will butt heads with them. UK also trades energy with mainland Europe, which can add a complication with how prices are set.
  • turblety 2 hours ago
    This is amazing news. I look forward to my bills going up again next month!
    • skippyboxedhero 2 hours ago
      I believe Centrica did some research before the Iran war and found that if we were able to get gas for free, energy bills wouldn't fall and would actually rise over the next few years (because of the mix towards structurally high cost supply).

      It says something that the people running the monopoly cash machine are asking questions about bankrupting their customers/ability to pay but politicians are shutting their eyes and pounding onto the accelerator. What a world.

    • ZeroGravitas 2 hours ago
      Why are people making (intentionally?) vague statements about prices going up?

      Are you referring to the war Trump started, or are you all climate denying loons who love Trump and think net-zero is a Chinese hoax?

      Or just nihilists that just think the world is going to shit in multiple ways and refuse to even contemplate small silver linings on dark clouds?

      It's impossible to tell from these quips.

      • blitzar 54 minutes ago
        Only 3 certainties in life; death, taxes and the cost of everything going up every year.
      • gopher_space 1 hour ago
        These are people attempting to convince themselves.
  • martinald 2 hours ago
    The issue though is that the UK spends something along the lines of £10-25bn (depending how you count subsidies) a year on renewable. Something like £10bn in direct subsidies via CfD and RO, then another ~£1.5-2bn on curtailment (paying wind farms to turn off), ~£3bn in balancing market costs, and £6bn on transmission upgrade costs (passed back to consumers/businesses) to upgrade transmission for nearly always renewable projects. There's actually a lot of others I think you could attribute to renewables but I could spend all day writing about this.

    My guess is that £20bn/year is a fair cost overall in subsidy payments. This is clearly not offset by natural gas fuel savings even with elevated prices.

    The UK IMO made a couple of critical mistakes. Firstly, far too much offshore wind is in Scotland when it should have been closer to population centres in England. A few factors for this but the issue is planning is devolved to Scotland (so they have every incentive to approve as many) but energy subsidies are set by Westminster. By the time UK central government realised this it was too late (or they didn't want to rock the cart for political reasons post/during Scottish independence referendum).

    We're now having to pay £20-30bn+ to get Scottish wind generation down to England where it is needed (primarily through new 5 (!) 2GW HVDCs from Scotland to England). It would have been far far better just to... build those wind farms closer to England. This would have still required grid upgrades but far cheaper ones (bringing it 100-200km to population centres instead of all the way from Scotland, plus you still need to do the ones in England on top of that for the most part to get it from the HVDC landing sites to the population centres).

    The second major issue is there is definitely massive diminishing returns from adding more renewables at this point. There's too many renewables on the grid a lot of the time, even if transmission was perfect - supply is outstripping demand. Instead of building more and more generation the subsidies should be redirected towards storage projects.

    But overall, for the same £20bn a year you could have probably built 5 Hinckley Point C sized 3.2GW nuclear plants concurrently (assuming £4bn a year capex for 10 years). In 20 years you'd have probably 30GW of nuclear built, which should cover nearly all electricity demand in the UK in that time, with very limited transmission costs (existing nuclear plants have good grid connections and you build them close to them). And importantly, you would basically eliminate _any_ dependence on gas from the UK grid. Clearly nuclear has risks in project delivery, but at least it's reliable once built.

    • mperham 23 minutes ago
      Isn't it better to build a decentralized grid out of standard parts than a few highly complex nuclear reactors? To me, that makes the system more resilient and easier to maintain. Nuclear seems like a worse choice long-term than wind/solar/batteries. Balcony solar could get us nuclear reactor levels of power per year once broadly legalized.
    • digdugdirk 2 hours ago
      It's important to look at the whole picture though - most of the issues you raised are political issues, either brought about by NIMBYism or a lack of infrastructure investment over the past few decades. Without this investment (which, yes, is more expensive than it would be if it weren't also providing additional benefits tailored for renewables) the grid would continue to deteriorate. So clearly there is some amount of this cost that would need to be invested regardless.

      There's also subsidies for fossil fuels to consider [0]. I don't hold these figures as gospel, but there's inarguably a massive amount of money going to propping up the (wildly profitable and hugely destructive) industry that's causing most of your raised issues in the first place - either through reduced maintenance and infrastructure investment (gotta get those shareholder returns) or lobbying/public influence campaigns.

      To be clear - I absolutely agree with most of your complaints. I just see them as issues caused/exacerbated by entrenched political players, and I think the benefits to our society of getting off our fossil fuel addiction are worth the costs of modernizing our infrastructure for the long haul.

      [0] - https://www.theguardian.com/environment/2023/mar/09/fossil-f...

    • zipy124 2 hours ago
      That's some pretty creative accounting to get to the 25bn mark. You also don't need to subsidise storage projects. They get built by market demand, as you can see by the amount being built and operated by energy trading firms who use them solely to buy power when the price is low and sell when high.

      The planing issues were mostly due to the conservative party having a complete hate for onshore wind.

    • endymi0n 1 hour ago
      Nuclear fans are heavily underestimating the cost of that energy source. The levelized cost of energy per kWh today is TRIPLE that of solar already, at a negative learning curve, with a gap only widening (and accelerating so). For the very same cost per kWh, you can get double overprovisioned solar PLUS battery storage at 90% capacity factor, TODAY.

      All of that fully decentralized, within the next years instead of decades, with distributed (not megacorp) ownership AND not having every other of these megaprojects cancelled due to protests.

      And that figure doesn't even include externalized cost like national/environmental security or decommissioning costs.

      Nuclear is riding a dead horse in 2026.

      • alephnerd 1 hour ago
        Civilian Nuclear Power is a dual use technology. The UK needs to subsidize it's civilian nuclear program if it wishes to also remain a nuclear power. The alternative is it de facto becomes the 51st state of America.

        The UK needs to subsidize nuclear, as well as wind, solar, and everything in between.

        There's a reason countries like the US, China, Japan, India, South Korea, and others are investing in this kind of domestic capacity and spending tens to hundreds of billions to do so.

    • 7952 1 hour ago
      Surely gas prices would spike if the UK needed to import enough to generate an extra 125TWh. And whilst we are waiting for nuclear to come online you still need to generate energy.
    • ndr42 2 hours ago
      Why replace oil dependency with uranium dependency (presumably from Russia)? Costs are not the only consideration.
      • 0cf8612b2e1e 29 minutes ago
        Australia has the world’s largest uranium reserves. Many European countries have their own supply and could produce it if they desired to be self sufficient.
    • jmyeet 2 hours ago
      > But overall, for the same £20bn a year you could have probably built 5 Hinckley Point C sized 3.2GW nuclear plants concurrently (assuming £4bn a year capex for 10 years).

      Planning began for Hinkley Point C in 20113. It was approved in 2016. Construction commenced in 2017-2018. It's hit major delays and is currently projected to come online in 2030. It could be delayed furhter. Unit 2 is expected about a year later [1]. Cost have ballooned to almost £50 billion [2] and may balloon further.

      So you're looking at almost 20 years to build, £50 billion in costs and electricity production of ~3.2GW.

      AFAICT that 3.2GW is ~7% of the UK's current electricity requirements so I'm not sure where you're getting "nearly all electricity demand". Also, 5 Hinkley Point Cs would be 16GW of electricity not 30GW.

      Hinkley Point C has a contracted price of £133/MWh. I imagine there's some risk-sharing and inflation in the contract so this will probably go up. Compare this to £65/MWh for new solar and £72/MWh for new onshore wind [3]. Plus of course that wind and solar projects don't take 20 years to come online.

      Lastly, the only way the per MWh costs can even get that low is by giving Hinkley Point C a 60 year lifespan to amortize the cost over a sufficiently large timespan. It's likely that as the plant ages, operational costs will significantly increase beyond what's projected.

      [1]: https://eandt.theiet.org/2026/02/23/hinkley-point-c-faces-fu...

      [2]: https://www.telegraph.co.uk/business/2026/02/20/hinkley-poin...

      [3]: https://www.carbonbrief.org/qa-new-uk-onshore-wind-and-solar...

    • alephnerd 2 hours ago
      > build those wind farms closer to England

      How? The issue is local NIMBYs [0], anti-industry environmentalists [1], far left leaning groups [2], and even the fishing lobby [3] all attempt to obstruct wind farm expansion and make it difficult for moderates in Labour to actually execute on building energy independence for the UK.

      Of course, this is also being amplified by information warfare by opponents to the UK [4][5], as can be seen by the social media campaign against offshore wind farms in the Isle of Man [6].

      Frankly, the UK needs to internalize Fiona Hill's [7] position and start cracking down on fifth columnists like Farage, Corbyn, and their acolytes.

      [0] - https://www.bbc.com/news/articles/c3r39el1ne0o

      [1] - https://www.heraldscotland.com/news/26000069.rejection-200m-...

      [2] - https://www.thetimes.com/uk/environment/article/labour-versu...

      [3] - https://fishingnews.co.uk/news/developer-pulls-out-of-east-o...

      [4] - https://www.theguardian.com/politics/2026/jan/18/uk-politics...

      [5] - https://www.thetimes.com/uk/social-media/article/iran-war-fa...

      [6] - https://www.facebook.com/61588338835208/

      [7] - https://xcancel.com/FrankRGardner/status/2027098560647348410

      • martinald 2 hours ago
        I mean offshore wind, not onshore. Thankfully most of the new ones are being built in England - check https://openinframap.org/#7.05/53.375/3.069, and these aren't curtailed.

        But it was incredibly dumb to build many GW of offshore wind in Scotland when the grid was already over capacity.

        • alephnerd 2 hours ago
          Even offshore ones face persistent opposition [0].

          Frankly, opposition to either onshore or offshore wind farms is dumb and is clearly being weaponized by opponents of the UK.

          > But it was incredibly dumb to build many GW of offshore wind in Scotland when the grid was already over capacity

          Overcapacity is a good problem to have from a NatSec perspective (as is seen with Chinese and Indian solar).

          Also, it's the Scottish Government that has been backing offshore wind farm development for almost a decade [1].

          Similar initiatives could have been done in England, but face persistent issues at the local level due to weaponized opposition.

          [0] - https://www.bbc.com/news/articles/c74vj881090o

          [1] - https://www.gov.scot/policies/marine-renewable-energy/offsho...

          • martinald 2 hours ago
            I don't quite understand. The opposition can't be that insurmountable for offshore wind off England coast (instead of Scotland) given 700 giant offshore turbines are being built as we speak off the English coast. Including the world's largest windfarm (Hornsea 3).
  • FridayoLeary 4 hours ago
    We have some of the highest electricity prices in the world. The politicians obsess over net-zero at the expense of dealing with the issues affecting most people.
    • cjrp 4 hours ago
      What if a happy byproduct of pushing for net zero is more investment in renewables, and decoupling the electricity price from gas?
      • noir_lord 4 hours ago
        Part of the reason why we have high electricity costs (here in the UK) is that we peg the price to gas generation, on the face of it people complain about that but the higher price allows investments in renewables to make sense on an RoI PoV, effectively it's a subsidy to build out renewables at a higher rate than would otherwise be the case.

        Electricity prices are high in the UK but there is a net benefit to it at least some ways, as always the devil is in the details, all the details.

        • mono442 3 hours ago
          Isn't that just an excuse to justify the scam? Texas has very low electricity prices and at the same time a growing share of renewables.
          • ZeroGravitas 2 hours ago
            Texas has some different choices in their electricity markets but they use the same pay-as-clear marginal pricing system that the above poster thinks is a secret UK plan to subsidise renewables. In reality it is the standard way to set the market price of commodities.
          • noir_lord 2 hours ago
            Been a while since I looked at a map but I don't remember us invading Texas and annexing them as part of His Majesties territories...
          • rcxdude 2 hours ago
            Texas famously had massive spikes in electricty prices and a near failure of the grid because of their electricity market structure, so it's not all sunshine and rainbows.
      • FridayoLeary 4 hours ago
        That would be wonderful. But that hasn't happened yet, so i'll point out that whatever our current energy strategy is, it's failing miserably and wrecking the economy. For some reason other countries seem to have it figured out much better, so forgive me for not falling over in excitement over the fact that some war in the middle east is costing us a billion less then it might have.
        • rcxdude 3 hours ago
          Other countries are not likely spending much less on the transition, it's just that they're paying for it more in tax and less in the electricity bill. The UK's strategy here basically means there's now a huge amount of investment in renewables even without government subsidies. And the nature of renewables and relying on gas in the meantime (which has pretty much always been setting the price of electricity, it's just gotten even more expensive recently) means that there's a relatively more painful period of investment before you get to the cost benefits of a nearly entirely renewable grid.
        • shadowgovt 4 hours ago
          Between Brexit and the aging population, I don't think joining the rest of the world in poisoning the atmosphere for the future faster is going to improve the UK's situation. There are much, much bigger fish to fry than energy policy for improvement-per-unit-effort.

          The UK relies heavily on tourism. Tourism is disrupted by global instability. Climate change and fossil-fuel-catalyzed wars cultivate global instability. And the UK doesn't have the land or people to compete on the global stage in manufacturing exports (not that they do bad work, just that the scale doesn't exactly pan out. Not unless people are really keen on telling the tale of two cities again).

          Best policy is likely to focus on domestic affairs (how to keep the country stable and solvent as the population shifts towards more and more retirees) and maybe look into rejoining that massive free-trade sector right down the block that the country so short-sightedly left a short time ago, since it'd really open up the tourism and trade markets.

    • triceratops 3 hours ago
      You seem to make the same comments in every thread about renewable energy regardless of what's actually happening.
      • FridayoLeary 2 hours ago
        Nice to see you again. Yeah, i feel it's a political thing where green initiatives are being pushed against the interest and benefit of voters. The benefits are continually overhyped and frankly in the UK we are seeing none of them. I actually quite like the idea of renewables and don't entirely understand Trumps pathological hatred of them, but i don't think politicians hamstringing our economy to win green points with their pals is a good thing. Also what's the plan here? Fall years behind the rest of the world while we switch over and then expect to magically catch up somehow?
        • 7952 1 hour ago
          We have policies that are good in principal but when they interact with other policy become unworkable for a reasonable cost. But then you focus on one individual area of policy rather than the system as a whole.

          Also, in my experience the green initiatives generally have terrible publicity and these kind of articles are just pointing out some positives in a sea of negatives. What we endlessly miss is that the British public generally wants Co2 reduced and have got that.

        • youngtaff 12 minutes ago
          So cleaner air, more efficient buildings etc is against the interests and benefits on the voters>
        • triceratops 2 hours ago
          The "political thing" is the oil industry working hard to make you feel like going renewable is a "political thing". It's a matter of life-or-death for them that you believe their lies.

          If you like the idea of renewables take some time to understand the economics instead of spouting the same tired lies.

          They don't "hamstring the economy". Nor will adopting them cause you to "fall behind". The "rest of the world" is rapidly adopting renewables.

    • blitzar 3 hours ago
      > We have some of the highest electricity prices in the world.

      Current price −£24.86/MWh (yes you get paid to use it)

      • pjc50 3 hours ago
        Octopus fixed tariff day rates are currently 33.15 p/kWh, or £332/MWh, which is a better representative number for what people are actually paying.

        But timeshift seems to be increasingly important.

        • blitzar 3 hours ago
          24.67 pence per kWh, the Energy price cap (fixed till 30 June 2026) is a better representative number for what people are actually paying.

          If you fixed at 33p, sucks to be you, my electricity has been free to negative all day.

          • pjc50 1 hour ago
            Turns out I'm actually on 20p from a fix from last year, I was just grabbing some representative numbers off the website. Also this discussion has reminded me to put in a meter reading.
          • gib444 2 hours ago
            > my electricity has been free to negative all day

            Like a gambler who only talks about their wins, people on these smart energy plans on the few days it goes very cheap only seem to pipe up with the current low unit price, and never mention their longer-term moving-average unit price...

            • blitzar 1 hour ago
              > never mention their longer-term moving-average unit price

              17.1p (last 6 months) no battery, no timeshifting

              • gib444 1 hour ago
                Very impressive! My smart meter install is happening next month. Can't wait to save 9p/kWh!
    • te_chris 3 hours ago
      Honestly: jog on.

      You can see the transition happening. Right now.

  • sefrost 4 hours ago
    Does this cancel out the high energy prices people in the UK have been paying for the past decade+? Part of the reason the bills are high is because they subsidise the installation of renewable generation.
    • rwmj 4 hours ago
      In hindsight it was quite prescient to be installing renewables wasn't it.
      • tonyedgecombe 2 hours ago
        It might have been better to lump some of those costs on gas rather than electricity. Polluter pays and all that.
    • vrganj 3 hours ago
      Sounds like that was a good idea, then? Not sure why you perceive this as some sort of gotcha or an axe to grind.

      Yes, building infrastructure costs money. Where's the problem?

    • te_chris 3 hours ago
      Yes. Obviously it does.
      • sefrost 1 hour ago
        Is it obvious? Do you have the figures? One month of £1bn savings vs what cost over the last 20 years?

        I support the roll out of renewables. I worked for a renewable energy company in the UK.

        I just think a lot of consumers (industry and residential) have had to pay a very high price to get to the current situation. And lots of foreign private and other institutional (the Crown) organisations have benefitted most from this fast but expensive transition.