In a latest blow to Red Ed’s net zero crusade, Britain’s biggest power generator has warned that falling wind speeds are driving up energy bills – and that’s unlikely to change anytime soon. RWE, which supplies around 15% of the UK’s electricity and increasingly relies on wind power said:
“Wholesale electricity prices in our European core markets also rose. Contributing factors were an increase in the price of fuels and emission allowances as well as unfavourable wind conditions.”
The Intergovernmental Panel on Climate Change forecasts that global winds will continue to slow in the decades ahead. Though when there’s too much wind, bill-payers have to pay farms to turn turbines off. Brits are set cough up £1.26 billion in “constraint payments” this year…
At the same time, Miliband is planning to pay developers up to £116 per megawatt hour for the power they generate from wind farms, adding an estimated £24 a year to the average domestic power bill. Red Ed’s big energy plan just more hot air…
Krishnan Guru-Murthy asked John Healey: “Just finally, I mean Andy Burnham has been very clear he wants Britain back in the European Union in his lifetime. Do you?”
The Chancellor replied: “I’m older than Andy Burnham. I don’t expect to see that.”