HomeScience & EnvironmentWhy some argue cutting costs is the best way to cut carbon

Why some argue cutting costs is the best way to cut carbon

While the cost of renewables plays a part, the principal driver for this is, ironically, gas itself. The UK energy mix at any one moment usually includes plenty of renewables, but some gas is still frequently still needed. The way the market works, generators bid to supply power in half-hour blocks, with the cheapest bid accepted first. But all successful bidders end up being paid the price of the most expensive source needed to meet demand.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments

A WordPress Commenter on Hello world!