NewEnergyNews: NEW ENERGY CUTS UK ELECTRICITY PRICE/

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YESTERDAY

THINGS-TO-THINK-ABOUT WEDNESDAY, August 23:

  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And The New Energy Boom
  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And the EV Revolution
  • THE DAY BEFORE

  • Weekend Video: Coming Ocean Current Collapse Could Up Climate Crisis
  • Weekend Video: Impacts Of The Atlantic Meridional Overturning Current Collapse
  • Weekend Video: More Facts On The AMOC
  • THE DAY BEFORE THE DAY BEFORE

    WEEKEND VIDEOS, July 15-16:

  • Weekend Video: The Truth About China And The Climate Crisis
  • Weekend Video: Florida Insurance At The Climate Crisis Storm’s Eye
  • Weekend Video: The 9-1-1 On Rooftop Solar
  • THE DAY BEFORE THAT

    WEEKEND VIDEOS, July 8-9:

  • Weekend Video: Bill Nye Science Guy On The Climate Crisis
  • Weekend Video: The Changes Causing The Crisis
  • Weekend Video: A “Massive Global Solar Boom” Now
  • THE LAST DAY UP HERE

    WEEKEND VIDEOS, July 1-2:

  • The Global New Energy Boom Accelerates
  • Ukraine Faces The Climate Crisis While Fighting To Survive
  • Texas Heat And Politics Of Denial
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    Founding Editor Herman K. Trabish

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    WEEKEND VIDEOS, June 17-18

  • Fixing The Power System
  • The Energy Storage Solution
  • New Energy Equity With Community Solar
  • Weekend Video: The Way Wind Can Help Win Wars
  • Weekend Video: New Support For Hydropower
  • Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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  • WEEKEND VIDEOS, August 24-26:
  • Happy One-Year Birthday, Inflation Reduction Act
  • The Virtual Power Plant Boom, Part 1
  • The Virtual Power Plant Boom, Part 2

    Friday, October 23, 2015

    NEW ENERGY CUTS UK ELECTRICITY PRICE

    Renewables bring down the wholesale cost of energy, finds new study

    October 19, 2015 (Blue & Green Tomorrow)

    “…[Concerns over the cost of renewable subsidy schemes have led to significant policy changes and cast doubt over future deployment of renewables. Whilst these support mechanisms ultimately increase consumer bills in the short term, renewables also act to reduce them by driving down wholesale electricity prices – a phenomenon described as the Merit Order Effect. Studying it shows renewables are cutting the wholesale price of energy and lessening the impact of subsidies on bill payers. Wind and solar reducing consumer bills An investigation into the Merit Order Effect from Good Energy] shows that wind and solar brought down the wholesale cost of electricity by £1.55 billion in 2014…That meant an overall net cost for supporting the two renewable sources last year was £1.1 billion, 58% less than the cost reflected in the capped budget set for green subsidies…Experts from the University of Sheffield have backed the report…” click here for more

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