Re:Wind is main source of UK electricity for first time
by Certhas on Thursday May 11, 2023 @01:09PM
(#35905077)
Agreed. That's the idea behind capacity markets, but the idea to pay people for capacity rather than for energy provided seems to be politically difficult, and (some) economists argue it's not needed.
Re:Wind is main source of UK electricity for first time
by Certhas on Thursday May 11, 2023 @01:54PM
(#35905744)
P.s.: Here is the European Commission on the use of capacity renumeration: https://energy.ec.europa.eu/topics/markets-and-consumers/cap...
If there are companies willing to sign a cheaper contract that provide equal stability of a nuclear power by using a combination of fossil free storage and renewables, they should then do that.
The requirements are fairly simple. Provide energy when people want it with the capacity that people require, and supply it as cheap as possible with as little subsidizes as needed. No fossil fuels allowed.