CfD Subsidies Reach Record High In Dec 2023

By Paul Homewood

 

 

h/t Paul Kolk

From The Spectator:

 

 image

Remember those days two years ago, when the renewable lobby was gloating about how much renewable energy was saving us for those few months when gas prices spiked?

Well, for the last year normal service has been resumed, and last month subsidies to renewables via CfDs hit a record high of £229 million.

Since the scheme began, the total subsidy has added up to £7.2 billion. This is, of course, on top of subsidies paid to renewables via ROCs which at current prices have cost £73 billion to date.

Added together, that’s a cool £2700 per household.

via NOT A LOT OF PEOPLE KNOW THAT

https://ift.tt/ButkANa

January 11, 2024 at 11:22AM

Leave a comment