Urmstongran Thu 02-Feb-23 16:40:16
I been told there is a ludicrous rule in place stating that the National Grid must pay the highest price for wholesale electricity no matter how it is made. Therefore if solar is generated at 2p per kwh and gas at 3 per kwh then National Grid must pay a solar producer 3 for theirs too. Hence oil companies are making a mint because they're being paid more than they are asking for. Ridiculous, yes, but not their fault... which is why oil companies have said they're willing to pay a windfall tax as it's free money to them at the moment... but the government won't push one through. It's mad.