Quote:
Originally Posted by Jaymoss
Octopus buy a very large amount of Green Electricity produced in this country. Why should the bill payer pay the same as gas produced electric ? simply answer is they should not so I repeat I wish they would stop tying Electric prices to Gas prices
Plus using your figures that is 63% of electric that costs should not be tied to gas prices
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But then everybody else would bid higher and higher for that limited amount of cheaper electricity, and prices would rise anyway. Who would decide, who gets that cheaper electricity? Also Wind and Solar has to be backed up by gas.
At this very point in times, renewables(includes Biomass) may look fairly good at 30%, but that can drop quite markedly. Think of at night, in winter, with wind producing 3% or less, Biomass at 7%, where is the rest expected to come from?