UK Energy

286 readers

2 users here now

A place to post links and discussions around the UK's energy production, National Grid, energy consumption, and green energy news.

See https://grid.iamkate.com/ for the UK's current energy production and sources.

Created 23/07/23

founded 2 years ago

MODERATORS

Emperor@feddit.uk

UK’s wasted wind power laid bare by new Octopus tracking tool (www.rechargenews.com)

submitted 1 week ago by i_am_not_a_robot@feddit.uk to c/energy@feddit.uk

18 comments fedilink hide all child comments

Britain wasted £649m already this year powering down wind farms as there is not enough grid capacity to send renewable energy where it is needed, utility finds

you are viewing a single comment's thread
view the rest of the comments

[–] tetris11@feddit.uk 2 points 1 week ago (7 children)

Are they not a for profit company?

[–] wewbull@feddit.uk 2 points 1 week ago (6 children)

Yes. What's that matter?

[–] tetris11@feddit.uk 0 points 1 week ago (5 children)

I guess I'm just wondering why a for-profit company would want to incentivize price drops for consumers

[–] jabjoe@feddit.uk 2 points 1 week ago

Partly, it will be they do care. But also, them appearing to care brings in more customers. This isn't going to change prices anyway, directly, because of the way energy is priced by the most expensive source, gas. Renewable companies already have a great profit margin because they are so much cheaper than gas, but with more storage, it could be cheaper still. I.e. more profit.

load more comments (4 replies)