ched999uk
Well-known member
- Messages
- 5,221
- Location
- Lancashire
I wish they were creeping up!! I have seen slower rockets!!Energy price increase Can someone explain why Electricity prices are also creeping up. Who is benefitting from all these wind farms
Basically they are blaming it on post Covid demand rising and the war in Ukraine as Russia supplied about 50% of Europe's gas! They want to stop buying Russian gas so they have to buy from alternative sources! There isn't enough alternative sources in the world at short notice so demand exceeds supply therefore prices go up!
Gas is used to produce about 40% of UK electricity!
As for renewables (wind and solar) they are sold on same market as any other electricity so they will sell it for best price they can get!!!
If only the UK could only be more self sufficient!!!! Maybe we should have built some nuclear power stations a few years ago!!
If you are really nerdy and want to know more have a look here: G. B. National Grid status and Drax Electric Insights
Have fun ?