We all see the costs coming April. If Miliband can’t scrap RO, he could aggressively ratchet it down to match network/RAB increases.
We all see the costs coming April. If Miliband can’t scrap RO, he could aggressively ratchet it down to match network/RAB increases.
Exports would be reduced, meaning inter-connector flow would increase towards the UK, and all else being equal lower marginal prices.
Exports would be reduced, meaning inter-connector flow would increase towards the UK, and all else being equal lower marginal prices.
A quick reading of this OFGEM doc places the cost of the RO scheme at £6.7 billion in 2023-2024.
A quick reading of this OFGEM doc places the cost of the RO scheme at £6.7 billion in 2023-2024.
Miliband could do this with his DESNZ Secretary of State powers. No legislation is needed.
High energy prices are more important than RO generators.
Miliband could do this with his DESNZ Secretary of State powers. No legislation is needed.
High energy prices are more important than RO generators.
There can be no promises of future government roles, no future leverage. And they don’t have any plans for reform, or the brainpower to come up with something that could pay off after a few years.
There can be no promises of future government roles, no future leverage. And they don’t have any plans for reform, or the brainpower to come up with something that could pay off after a few years.