Re: energy in UK

On Fri, 25 Apr 2025 20:15:48 +0200, "Carlos E.R."
<robin_listas@es.invalid> wrote:

On 2025-04-25 19:44, Don Y wrote:

On 4/25/2025 9:41 AM, Martin Brown wrote:

On 15/04/2025 21:04, Martin Brown wrote:
BBC Verify researchers did a thing recently on global electricity
prices and UK Green Energy. Electricity for most British industry is
insanely expensive (more so than I had thought). Compares a range of
countries.
>
https://www.bbc.co.uk/news/articles/crkep1vx3mro
>
It is titled
"If the UK has more renewable energy, why aren't bills coming down?"

 
I don't understand "The wholesale cost is set by the last unit of
electricity needed to meet demand from consumers".

>
Same in Spain, if I understood correctly the phrase. No, I can not
explain it.

It's actually the marginal cost, the cost to make an additional unit
of whatever is being made.  In economics math, this is the derivative
of the price versus volume (units sold) curve.

Joe

Surely, this isn't
the ACTUAL cost but, rather, the PRICE.  Is there some silly policy
that is creating this misrepresentation?
 
And, why is there no "Domestic" price for the UK entry?  Along with
other "missing" data in the first graph?
 
It looks like Domestic (residential/consumer?) costs are considerably
higher than Industrial (?)
 

Only a handful of preferred dumpable load balancing industrial users
get the tariff that I described most UK heavy power users are robbed
blind!
No wonder Tata and now the Chinese want to close Scunthorpre steelworks.
>