Re:UK energy bills are soaring to record highs
by rjsw on Saturday August 27, 2022 @08:39AM
(#32618318)
There are renewables and nuclear, the artificial market in the UK fixes the wholesale price for electricity generated by them to the price for electricity generated by gas.
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Re:UK energy bills are soaring to record highs
by iso1631 on Saturday August 27, 2022 @09:02AM
(#32618477)
My understanding of the big off shore wind farms is the government funds them at a set strike price of £x per MWh, subsidises anything below and keeps anything above?
Re:UK energy bills are soaring to record highs
by ZeroGravitas on Saturday August 27, 2022 @09:31AM
(#32618757)
In the article it suggests after the cap goes up, this will be paying back £11 per customer per year, rising to £18 in January.
So it helps, a bit.