Hasn't Germany and the UK been investing in renewables for years now? They must be feeling pretty happy about that decision right now unlike oil obsessed countries like the US.
A quarter of a century ago, the first quarter of 2001, Britain used 39 TWh of coal electrical generation, 36 TWh of gas and 21 TWh of nuclear.
Today we're lot more energy efficient†, and the renewables made more than 25 TWh, but nuclear is now less than 10 TWh, we of course no longer burn coal, which leaves 30 TWh of gas still and we have a lot more imports (because we have a lot more interconnect, which is also a form of energy security)
† For example back then we mostly used incandescent light bulbs! And a lot of people still used CRT televisions back then!
For electricity generation, the UK is currently generating 50% via renewables. It goes up and down each day of course, storage is not a solved problem yet.
Yes, but it is not enough. It helps a lot when sunny, and weekend mid-day gross market prices for electricity hover just above zero, but there's not enough batteries, flexibility, and other renewables to avoid price spikes in the morning and evening peak, when hydro and gas plants are still covering a lot.
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
Ah yes the standard "<excuse>...just be patient, any day now it'll get cheaper" response we've been hearing for years
I'm NOT against renewables. I'm NOT pro fossil fuels. I'm against the dishonesty in the discussion. Stop claiming direct reduction in bills if that's not going to happen [0]
Today we're lot more energy efficient†, and the renewables made more than 25 TWh, but nuclear is now less than 10 TWh, we of course no longer burn coal, which leaves 30 TWh of gas still and we have a lot more imports (because we have a lot more interconnect, which is also a form of energy security)
† For example back then we mostly used incandescent light bulbs! And a lot of people still used CRT televisions back then!