Gas Power Is Cheaper Than Wind, Despite Carbon Brief’s Claims

[rangerrebew]

Gas Power Is Cheaper Than Wind, Despite Carbon Brief’s Claims
MARCH 2, 2023
 
By Paul Homewood
 
OFGEM have just announced the latest energy cap, which will apply to the period April to June. Technically it has fallen from £4279 to £3280, although reductions in government support mean that households won’t see any savings immediately.

The cap is based on wholesale prices between November and January. But as I have been reporting in recent weeks, market prices for both gas and electricity have been falling sharply since November, and this means that the cap should be much less come July, maybe to around £2100, assuming wholesale prices remain where they are now.


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https://www.ofgem.gov.uk/publications/ofgem-announces-latest-quarterly-price-cap-update

But the announcement brought a ton of misinformation from Simon Evans, deputy editor at Carbon Brief (the renewable lobby group funded by the far-left European Climate Foundation):

 

 https://notalotofpeopleknowthat.wordpress.com/2023/03/02/gas-power-is-cheaper-than-wind-despite-carbon-briefs-claims/#more-62554