Cushion vs fossil fuel price shocks<\/p>\n
UK’s drive to accelerate clean energy is aimed at protecting against fossil fuel price shocks, Reuters reported.<\/p>\n
Bumper wind power output in Q1<\/p>\n
The announcement comes as Britain, where about a third of electricity generation typically comes from gas-fired plants, feels renewed energy pressure after oil and gas prices surged in the weeks following the outbreak of war in Iran.<\/p>\n
The spike has underscored how fossil-fuel volatility continues to flow through to consumer electricity bills, despite years of renewable growth.<\/p>\n
What it means for households<\/p>\n
A 10 GW buildout does not mean 10 GW is delivered every hour, because wind and solar output varies with weather and daylight. <\/p>\n
Using the UK government\u2019s estimate, the capacity could still provide the equivalent of about 5 million homes. <\/p>\n
What it means for gas prices <\/p>\n
The bigger significance is not just extra power, but reducing how much UK electricity prices are tied to gas prices. <\/p>\n
The government says it wants long-term fixed-price contracts for renewables and other measures to lessen the impact of gas spikes on bills. <\/p>\n","protected":false},"excerpt":{"rendered":"Cushion vs fossil fuel price shocks UK’s drive to accelerate clean energy is aimed at protecting against fossil…\n","protected":false},"author":2,"featured_media":547413,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[1397,90,56,54,55],"class_list":["post-547412","post","type-post","status-publish","format-standard","has-post-thumbnail","category-environment","tag-environment","tag-science","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/547412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=547412"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/547412\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/547413"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=547412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=547412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=547412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}