The UK Grid is currently 80% renewable energy (and 10% nuclear)
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That’s good
At first I was like "hey where's the coal?" and for once, I was pleasantly surprised.
Hopefully we can make a smooth transition off gas and make it vastly renewable.
Great news.
And the cost of electricity is pinned to the price of the most expensive fuel, which is gas.
Lame.
So why do we need more nuclear then?
This is a spike. It doesn't really mean much that it fluctuates up this much for a handful of days a year. Most days during the year we are dependent on gas. More nuclear would replace a lot of that dependency.
We don't have time for nuclear and it's not cost effective. More renewable and more batteries is cheaper and quicker and already happening. Last year, gas was 29.7% and wind was 30.1%, gas will be down again looking back a year from now.
Look over the last 12 months and you'll see renewables are 30% over the year. 30% Gas, 15% Nuclear and 10% Biomass. The rest is imported from France (mostly Nuclear) and Norway (Hydro).
This year should see another 3GW of wind start up at Dogger Bank, with similar amount scheduled for the next couple of years. This will be more and more common.
That’s good