Europe seems to be responding well since the Ukraine war, the picture now is a lot more positive than in 2022. The UK has postionined itself well, even without the mass uptake of local generation/storage in it's domestic market.
FridayoLeary•36m ago
We have some of the highest electricity prices in the world. The politicians obsess over net-zero at the expense of dealing with the issues affecting most people.
cjrp•23m ago
What if a happy byproduct of pushing for net zero is more investment in renewables, and decoupling the electricity price from gas?
noir_lord•19m ago
Part of the reason why we have high electricity costs (here in the UK) is that we peg the price to gas generation, on the face of it people complain about that but the higher price allows investments in renewables to make sense on an RoI PoV, effectively it's a subsidy to build out renewables at a higher rate than would otherwise be the case.
Electricity prices are high in the UK but there is a net benefit to it at least some ways, as always the devil is in the details, all the details.
FridayoLeary•15m ago
That would be wonderful. But that hasn't happened yet, so i'll point out that whatever our current energy strategy is, it's failing miserably and wrecking the economy. For some reason other countries seem to have it figured out much better, so forgive me for not falling over in excitement over the fact that some war in the middle east is costing us a billion less then it might have.
Synaesthesia•15m ago
When I was young they talked about a green revolution. Now with low solar panel costs, as well as batteries and inverters we really are living in a green revolution.
sefrost•7m ago
Does this cancel out the high energy prices people in the UK have been paying for the past decade+? Part of the reason the bills are high is because they subsidise the installation of renewable generation.
adds68•51m ago