Quote:
Originally Posted by Pierre
The price is set be external markets.
The price is set by demand and supply.
We can do two things, increase supply or decrease demand.
We should have had control over supply several years ago. At the moment we’re ****ed and will be for some time.
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Not entirely. The gas price is set by the global market but the UK’s internal electricity generation market is rigged so all producers get the same unit rate as the most expensive. The abnormally high gas price means we are paying way, way over the odds for wind, solar, hydro and nuclear right now, because the most expensive electricity is produced by burning gas so that’s what’s setting the market rate.