Though it may go out the window with the nextPM, the current government is planning to reform the way energy is sold on the
wholesale markets so cheaper renewable energy prices get passed onto consumers.
This could well bring about new usage patterns across the board that are
similar to those used by people using micro-generation and storage at home.
Wholesale Energy Prices Led by Gas?
Currently, despite fossil fuel suppliedelectricity only accounting for 40% of the energy supply, consumers are paying
over the odds in order for the gas and coal plants to keep running.
While nuclear and renewables account for 60% ofenergy supply the wholesale market was designed to benefit gas powered energy
generation. Consequently, even as we use relatively little fossil fuels for
energy they are forcing prices up even while the other forms of energy are much
Though an hourly tariff could be confusing forolder people for example, they would understand it is cheaper to use energy on
a sunny or windy day. This would also reduce our reliance on fossil fuelled
power stations too as we change our energy usage habits.
Lame Duck Government Health Warning!
Whoever replaces Alexander de Pfeffel Johnson in10 Downing Street is likely to want a whole new set of policies so they can
fight the next election. As such, while we like the idea of a new wholesale
market that benefits renewable energy, we just don’t know if this will survive
any new government’s policy. Many policies good and bad have fallen by the
wayside as May replaced Cameron and Johnson replaced May. Will this idea die