Graham Skeats #FBPPR🏴🇺🇦RE: https://social.coop/@jsbarretto/116289030605286406
And yet, the price of electricity is linked to the wholesale price of gas. 🤔😬😜
Joshua Barretto@GrahamSkeats On the one hand this is bad for consumers, but on the other it is a massive incentive for the building of new renewable infrastructure. For investors in solar farms, it's basically free money.
@jsbarretto
Absurdly, it can be the government that profits from the higher prices paid to renewable producers over and above the price that the government has guaranteed them. That is a fact that no minister ever wants to acknowledge. In other words, the price that renewable producers receive is often not determined by the market in the first place.
Absurdly, it can be the government that profits from the higher prices paid to renewable producers over and above the price that the government has guaranteed them. That is a fact that no minister ever wants to acknowledge. In other words, the price that renewable producers receive is often not determined by the market in the first place.