By Paul Homewood
h/t Ian Cunningham
Oh dear!
Mad Miliband’s Clean Power plans lie in tatters:
From the Telegraph:
Ed Miliband has opened the way for a fleet of new gas-fired power stations to back up Britain’s wind and solar farms.
He has told the National Energy System Operator (Neso) – the UK’s grid operator – that by the end of the decade it must keep 40 gigawatts (GW) of spare generating capacity on standby for days when wind and solar cannot keep the nation’s lights on.
The request is part of a system known as the capacity market, where companies are paid to keep generating capacity on standby for days when renewables output plummets or demand surges.
The capacity market already costs British consumers about £1.3bn a year – but this will surge to £4bn by 2030 as reliance on renewables increases, the Office for Budget Responsibility (OBR) has said.
Mr Miliband’s letter to Neso has told it to ensure it has 40GW-worth of back-up generating capacity on the system, roughly equating to the output of 35-40 large gas-fired power stations. About two thirds is expected to come from gas and the rest from batteries, interconnectors and other sources.
Full story here.
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Author: Paul Homewood
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