Why are energy bills going up, if there is more green power?
www.bbc.co.uk
The government has pledged to reduce energy bills by using more renewables, but bills are currently rising.
  • poVoq ( poVoq@slrpnk.net ) 
    2·
    2 years ago

    I’ve worked as energy trader.

    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.”

    And yes, looking at the gas plants alone they are unprofitable to run, but they allow windfall profits from renewables if they run.

    • iii ( iii@mander.xyz ) English
      2·
      2 years ago

      You’re incorrect in both your understanding of energy markets, and my paychecks.

      but they allow windfall profits from renewables if they run

      Again, you’re basing this on the day-ahead market. A marginal market in terms of traded power volume.