[Pierre]

Originally Posted by Chris

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.

indeed

https://www.thenational.scot/busines...ple-uk-ransom/

If this claim can be substantiated, it's really a scandal.

In the mad, mad world of electricity supply, figures from the National Grid have revealed that since the start of April, the UK has actually been a net exporter of electricity to Europe, powering countries including France, Belgium and the Netherlands through subsea cables. Electricity prices are generally lower in Europe, so presumably this means that, for example, French consumers are paying less for electricity generated in Scotland than consumers in Scotland.