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by gendal
81 days ago
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The amount wind farms in the UK have contributed back over the last ten years is a rounding error compared to how much they have received. It's not even close: https://x.com/7Kiwi/status/2031657347433603581 And the scary thing: the wind farms aren't even making that much money! Some projects have been cancelled and others had to re-bid in subsequent auctions to get a higher CFD price than they originally received because they couldn't make the economics work. Worse, there are reasons to believe they're not even fully provisioning for their end-of-life decommissioning costs. The UK's energy policy is unbelievably destructive :( |
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How does he separate the CfD price from the market price that’s being set by renewables?
Where’s his evidence that using gas would be cheaper than renewables?