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gendal 2 hours ago

The amount wind farms in the UK have contributed back over the last ten years is a rounding error compared to how much they have received. It's not even close: https://x.com/7Kiwi/status/2031657347433603581

And the scary thing: the wind farms aren't even making that much money! Some projects have been cancelled and others had to re-bid in subsequent auctions to get a higher CFD price than they originally received because they couldn't make the economics work. Worse, there are reasons to believe they're not even fully provisioning for their end-of-life decommissioning costs.

The UK's energy policy is unbelievably destructive :(

youngtaff 23 minutes ago | parent [-]

Where’s his methodology?

How does he separate the CfD price from the market price that’s being set by renewables?

Where’s his evidence that using gas would be cheaper than renewables?

gendal 4 minutes ago | parent [-]

He explains on his website where he gets his data from. He gets it from The Low Carbon Contracts Company... y'know: the firm who is the actual counterparty to the CFDs and so should probably know the actual sums of cash being moved - and in which direction.

His January article: https://davidturver.substack.com/p/record-january-cfd-subsid...

LCCC's relevant data page: https://dp.lowcarboncontracts.uk/dataset/actual-cfd-generati...

The actual spreadsheet: https://dp.lowcarboncontracts.uk/dataset/8e8ca0d5-c774-4dc8-...

And note: even when gas is more expensive than the CFDs, the huge fixed and/or policy costs (network build-out, capacity market, curtailment, etc) are devastating.

The story would be completely different if wind farms were actually cheap to build and run... the problem is they're just not.

I wish it were not so... it would be great if we had a path to being free of dependence on hydrocarbons. But in a battle between wishful thinking and physical and economic reality, reality usually wins.

So we're faced with a choice as a nation: continue to pour tens of billions of pounds down this drain... or call time on the experiment and free up all that money for something productive?