Sunday 26 March 2023

ENERGY PRICES TO REMAIN ARTIFICIALLY HIGH DUE TO GOVERNMENT POLICY

 I find it quite astonishing that the government is, on the one hand having to give subsidies to people and businesses because of the high price of electricity, while on the other hand they are themselves raising its price by adding extra charges to the producers. Why is this not being flagged up by the media? Why is no one questioning the minister? Here is an information-packed article from the great Paul Homewood: 

Will Offshore Wind Lower Energy Bills? | NOT A LOT OF PEOPLE KNOW THAT (wordpress.com) 

By the way has anyone noticed the change of name of the former government department for Business, Energy and Industrial Strategy (BEIS) to the Department for Energy Security and Net Zero (DESNZ). When you think about it, these two aims (energy security and net zero) do not seem to be very compatible. If, by secure, we mean reliable, then increasing renewables like wind and solar which are at the mercy of the weather, are not the way to go. Of course if reaching net zero is your aim, then wind and solar are the way to go. Interestingly energy security comes first, something a government minister pointed out to me recently. Is this a subtle hint at a change of emphasis? We can only hope!

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