Electricity Generation By Renewables
Category: CCGT Gas
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UK electricity uses marginal pricing, where the wholesale price is set by the most expensive power plant needed to meet demand at any given time. Gas-fired power plants typically set this price 98% of the time, despite generating only about 30% of Britain’s electricity. Under this system, all generators receive the same price – even…
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Wind and solar are now 61% cheaper than gas, with no fuel cost swings—making renewables the clear winner for price and stability in 2025.
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If you look at the chart above you will see solar and wind are combined producing around 5x the amount of electricity compared to gas.Despite this you are being charged as if your electricity was 100% generated by gas.Why are UK consumers not benefitting from cheap renewables?
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This was due to anticyclones being situated to the north west of Scotland. This may change dramatically in the coming week due the remains of tropical storm Erin heading our way ……
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Blue = demand ; Green = renewables : Orange = CCGT (gas) Note: CCGT gas generation is used to balance the system and make up for any shortfall in renewables.