Because in the UK electricity market the price paid is effectively set at the level of the most expensive supplier to the grid.Remind me why the war in Ukraine is blamed for pushing up wholesale gas prices and doubling the domestic energy prices, when the majority if Uk energy is from renewable sources?
getting ripped off much under the blanket of stakeholder dividends?
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Exactly, being well and truly shafted !Because in the UK electricity market the price paid is effectively set at the level of the most expensive supplier to the grid.
Under review at the minute.Because in the UK electricity market the price paid is effectively set at the level of the most expensive supplier to the grid.
A review The lads in charge obviously ahead of the curve on that one. What is under review exactly? ( Genuine question, not trying to take the p***)Under review at the minute
The system is working as intendedSupply and demand.
Big polluters who don't give a damn about the environment will buy whatever energy is cheapest. Normally that means gas, but if gas prices rose above the price of renewables then they'd buy renewables instead. That extra demand for renewables raises the price until it's back above the price of gas, at which point the polluters move back to gas.
The unsubsidised price of renewable energy will always be slightly higher than the price of non-renewable, because the demand for it is always greater.
Well ... yeah, it really is.The system is working as intended
Because the Nadim Zahawis of this World along with other tories need to squeeze as much out of us as possible to keep up their very high standard of living and in some cases that of their Horses as well.Because in the UK electricity market the price paid is effectively set at the level of the most expensive supplier to the grid.
Search for REMA review on the gov.uk website.A review The lads in charge obviously ahead of the curve on that one. What is under review exactly? ( Genuine question, not trying to take the p***)
Why make stuff up?The price is high because of the Conservative government’s policy to pass the cost to the general public rather than the energy companies.
The Tory donors (sorry, I meant energy companies) are making billions out of this racket.
It is a political choice.
Many European countries chose a different choice.
Search for REMA review on the gov.uk website.
Why make stuff up?
Absolutely this, it's a political choice.The price is high because of the Conservative government’s policy to pass the cost to the general public rather than the energy companies.
The Tory donors (sorry, I meant energy companies) are making billions out of this racket.
It is a political choice.
Many European countries chose a different choice.
You must be still on a very good deal.doubling the domestic energy prices
All eu countries use the same marginal pricing model.My understanding is that most, if not all, of energy markets have their electricity price linked to gas. I could be wrong mind.
Care to elaborate?Why make stuff up?