Re:UK offshore wind prices come in 40% cheaper than gas in r...
by actionfromafar on Thursday January 15, 2026 @06:31PM
(#46640979)
If electricity spot prices is cheap enough (when available), then people will eventually find uses for it. This will drive economic development.
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Re:UK offshore wind prices come in 40% cheaper than gas in r...
by simplisticelk on Thursday January 15, 2026 @11:33PM
(#46643022)
Economically viable uses for intermittently cheap energy has proven to be quite difficult. Most energy intensive industries require high capacity factors to cover capital costs.
£90 wind energy does not make for a low cost energy environment. And if spot prices dropped substantially the UK government is going to be taking a massive loss on these contracts.
I’m coming across as very negative in this thread, but I do really want renewable energy to succeed. I just work in the industry so I’m very aware of how challenging it is to make the economics stack up, so I find these puff pieces a bit exasperating.
Re:UK offshore wind prices come in 40% cheaper than gas in r...
by actionfromafar on Friday January 16, 2026 @06:15AM
(#46645274)
Life will find a way!