By Paul Homewood
According to Energy Live News:
Gas is driving energy bills up, renewables are lowering them
Report says gas has added £3,000 to bills since the energy crisis started.
The numbers don’t lie—gas is the main reason energy bills have skyrocketed over the last four years.
That’s the view from the Energy and Climate Intelligence Unit (ECIU), who have worked out that gas price spikes will have added a staggering £3,000 to the average UK household bill since the crisis began.
That’s £750 a year, seven times the cost of supporting renewables.
“Let’s be very clear on this, it is gas that has been driving up energy bills over the past four years and it continues to do just that,” said Jess Ralston, energy analyst at the ECIU. “Families are struggling because the UK is heavily reliant on gas for both electricity generation and home heating and the price of gas is volatile.”
How can the ECIU get away with such lies?
For a start they are comparing energy prices in the last four years with 2020, when prices hit rock bottom thanks to COVID lockdowns.
But in three out of four of those years we were still paying CfD subsidies to the tune of about £5 billion to renewable generators, over and above the gas-based market price of electricity they were earning.
If we had just carried on using gas generation instead of wind power or biomass, the consumer would have been better off, not worse.
I call on the ECIU to withdraw their fake claims.
