No BBC, Wind & Solar Are Not The Cheapest!

By Paul Homewood

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h/t Jerry Gale

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The BBC are up to their tricks again!

 

This is an interview on BBC Politics this week with an Environmental Economist, Dr Sugandha Shrivastav:

 

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https://www.bbc.co.uk/iplayer/episode/m00216q3/politics-live-16072024

the interview begins at 24 mins in, with Shrivastav expounding how wonderful renewable energy is.

She goes on to state that:

It is a fact that solar and wind provide the cheapest electricity in the UK”

This is an easily provable lie, yet the BBC interviewer never challenged it.

Shrivastav compounds her lie by claiming that “Building transmission and battery storage is all part of bringing the cheapest electricity to households”. The whole idea that you can spend £100 billion on upgrading the grid and still save money for households is so absurd as to question her motives for such lies. (Also note she was asked how much such upgrading would cost, but refused to answer.)

As we know, the new Administrative Strike Prices for offshore wind are £73/MWh at 2012 prices (£100.27 at 2023 prices) Onshore wind and solar are set at £87.91 and £83.79 respectively, again at 2023 prices.

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https://www.gov.uk/government/publications/contracts-for-difference-cfd-allocation-round-6-core-parameters

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According to OFGEM, wholesale prices have ranged between £59 and £73/MWh this year, which tends to reflect the cost of gas generation. This price level is also in line with the govt’s levelised cost of gas power, which it estimated at £54/MWh last year:

electricity-prices-day-a-1

https://www.ofgem.gov.uk/energy-data-and-research/data-portal/wholesale-market-indicators

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It is the case that the above Administrative Strike Prices are maximum ones, so it is possible that some bids may come slightly lower. But at this stage there is no evidence to back up her claims, particularly where offshore wind is concerned.

The BBC should have challenged this false claim. After all, Justin Rowlatt was quick off the mark to challenge when the Reform Party claimed the opposite.

Another complaint is on its way!

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July 19, 2024 at 11:29AM

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