Emeritus Prof Christopher MaySep 4, 2025

If energy produced by gas sets the price of all electricity supplied into the national grid, then one way to rescue the price payed by consumers is to end that market-making price structure.... of courses the gas-driven energy suppliers would be unhappy, but the bigger prize would be a major reduction in the cost of living & the continued consolidation of the UK's renewable energy sector....

the Q. is will Labour take that route?

#energy #politics

https://www.theguardian.com/business/2025/sep/04/electricity-users-save-5bn-a-year-gas-fired-stations-removed-from-market

Energy users ‘could save £5bn a year’ if gas plants are removed from market

Former energy tsar suggests the ‘radical step’ as one of the few options the government has for cutting bills

The Guardian
Show threadGraeme 🏴󠁧󠁢󠁳󠁣󠁴󠁿Sep 4, 2025
@ChrisMayLA6 You are right. And even more so, we have our own gas. That should be cheap, not based on international prices. We have a crazy system where the green thing to do is go electric, but electricity is around the most expensive in the world for no good reason, just lack of political will.
In answer to your question, "No" as they are gutless and unimaginative. They have no vision, and little understanding, and are beholden to the rich as much if not more than the Tories..
Show threadEliza MB
@pa27 @ChrisMayLA6 please do share your mechanism for getting multinational energy companies to supply gas at below market price.
Sep 4, 2025 at 10:50amWeb
Show threadGraeme 🏴󠁧󠁢󠁳󠁣󠁴󠁿Sep 4, 2025
@OneInterestingFact @ChrisMayLA6 It's called political will... Other countries seem to manage it, we have some of the most expensive commercial electricity prices there are. Domestic isn't much better.