If so they must have very low domestic electricity prices (according to many people who continue to claim renewables = lower prices!)
Oh, wait, they don't. At all
That’s because the price is set by the highest marginal producer
Most of the UKs recent renewables are on a fixed price supply basis and when the market prices goes over this the excess is eventually fed back into reducing consumer bills
That’s because the price is set by the highest marginal producer
Most of the UKs recent renewables are on a fixed price supply basis and when the market prices goes over this the excess is eventually fed back into reducing consumer bills