Massive Electricity Price Rises Expected as National Grid Confirms Gas is the Only Back-Up for Intermittent Renewables

From THE DAILY SCEPTIC

by Chris Morrison

The cat is finally out of the bag. It is planned that Britain by 2030 will produce 95% of its electricity from so-called green sources with 5% coming from gas. The pretence that electricity can be stored at scale to support unreliable renewables is nowhere to be seen in a recent Guardian interview with Fintan Slye, the head of National Energy System Operator (NESO). “There will continue to be a significant amount of power plants in reserve for the cold, dull, windless weeks of winter, but they will run for only limited periods,” observes Slye, whose operation was recently nationalised and is responsible for balancing supply and demand across the National Grid.

His remarks both clarify and strike fear at the same time. There is no back-up at scale for intermittent breezes and sunbeams and this has been obvious for some time, although the subject is rarely discussed in mainstream media and politics. Reserve gas generation is the only game in town if all life in Britain is not to grind to a halt during a windless, winter freeze. But keeping an entire fleet of gas turbines on standby will cost a huge amount of money, causing electricity prices to soar. The planned destruction of Britain’s own gas and oil industry will hardly help future sourcing and pricing, let alone national security.

Britain already has some of the highest electricity prices in the developed world and doubling, trebling or quadrupling charges will help destroy what is left of industry and condemn the population to drastically falling standards of living. As always with green punch-down lunacy, the poorest in society will be the hardest hit. Many people will be priced out of basic necessities they have always taken for granted such as light, heat, refrigeration, cooking facilities and electronic goods to access the online world.

One commonly peddled fantasy can be found in the Guardian article. “Conversely, there will be days when Great Britain generates far more electricity from renewable sources than it can use or store, so there are likely to be greater exports to neighbouring countries,” notes Slye. But of course weather does not stop at national boundaries. Nearby countries are likely to share similar windy conditions and with every operator trying to offload energy, the price offered would drop like a stone towards zero.

Already in the U.K., the National Grid is forced to pay renewable operators to stop producing energy. Last year, ‘constraint’ payments of nearly £1 billion were paid. It might be noted that this is not far short of the amount recently saved by scrapping the pensioners’ winter fuel allowance. But these sums are chicken feed compared with the overall subsidies paid to renewable energy operators, with over £12 billion added to the annual fuel bills of consumers. The more renewable generating capacity is added to the mix, the more the constraint payments and subsidies are likely to increase. With bunce like this, it is hardly surprising that Ecotricity boss Dale Vince, who runs onshore windmills, recently gifted £5 million to improve the election chances of the Labour party.

It is likely that the Mad Miliband is set on a 75-80% contribution to the grid from the breezes and the beams. Again we must be obliged to the Guardian for covering the subject in such detail and pointing out so vividly the further difficulties that are likely to arise when the wind drops during the 18 hours of winter darkness. Basically, the price goes up, in fact it soars up to 20 times higher. In March 2023, the Guardian reported that the grid was forced to buy gas-generated power in a windless cold period at £1,950 per megawatt hour (MWh). The usual price is around £100 MWh. One industry source  is reported to have said the price of sourcing power from gas peaking plants had “raised eyebrows”. Vitol is the largest oil trader in the world and knows something about securing the best market-determined rate. At this time it offered a price of £5,750 per MWh although the offer from its Rye House subsidiary was not accepted.

In an article published by the Manhattan Contrarian, Francis Menton discusses the “disastrous economics” of trying to power an electric grid with 100% intermittent renewables. The move inevitably brings about large increases in the actual price of electricity that must be paid by consumers. But he doesn’t just rely on theoretical calculations. “In those jurisdictions that have succeeded in getting generation from renewable up to as high as about 30% of their total electricity supply [Britain hit around 34% in 2023], the result has been an approximate tripling in the price of electricity for their consumers,” he states. Furthermore, he continues: “As the percentage of electricity coming from renewables increases, the consumer price increases accelerate.”

In his social media blockbuster Climate: The Movie, Martin Durkin introduces it as the story of how an eccentric environmental scare grew into a powerful global industry. “Climate change is an invented scare of self-interest and snobbery, cynically promoted by a parasitic, publicly-funded establishment hungry for power and money,” he charges. He could not have summed up better the drive to the command-and control Net Zero project.  Deliberately making energy more expensive by ‘de-carbonising’ the U.K. grid by 2030 is just one of the many economic and societal changes being planned by the new Labour hegemony.

Chris Morrison is the Daily Sceptic’s Environment Editor.