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by thedrbrian
160 days ago
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>All sorts of congratulatory posts about AR7...the £94 /MWh being roughly the level of today's wholesale power price is being used as some sort of positive signal So here are some facts: * The average wholesale power price
in 2025 was £80 /MWh
* The carbon price was £35 /t a year ago
and £73 /t today
* Carbon was c11-12% of the wholesale
power price a year ago
* It's c28% today
* AR7 contracts are for 20 years vs 15
years in AR1-6
* AR7 is the highest price since the
first auction
* We started subsidising wind in 1990!! How anyone can think this is good news is beyond me. It's obviously good news for the subsidy farmers who will enjoy 20 year contracts at inflated prices, unless Reform wins the next General Election and rips them up in which case it will be pretty bad news It is terrible news for consumers, embedding high prices for decades to come > https://x.com/KathrynPorter26/status/2011693634278625460 Get in. we've just locked in / subsidized the most expensive form of energy. |
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