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Part of the reason why we have high electricity costs (here in the UK) is that we peg the price to gas generation, on the face of it people complain about that but the higher price allows investments in renewables to make sense on an RoI PoV, effectively it's a subsidy to build out renewables at a higher rate than would otherwise be the case.

Electricity prices are high in the UK but there is a net benefit to it at least some ways, as always the devil is in the details, all the details.



Isn't that just an excuse to justify the scam? Texas has very low electricity prices and at the same time a growing share of renewables.


Texas has some different choices in their electricity markets but they use the same pay-as-clear marginal pricing system that the above poster thinks is a secret UK plan to subsidise renewables. In reality it is the standard way to set the market price of commodities.


Texas famously had massive spikes in electricty prices and a near failure of the grid because of their electricity market structure, so it's not all sunshine and rainbows.


Been a while since I looked at a map but I don't remember us invading Texas and annexing them as part of His Majesties territories...


Well it kinda was, until the locals got uppity and threw their tea in the harbour.


Texas wasn't part of the US at that time.

It was annexed in the mid-19th century, they abused the Yorkshire Gold way before that.


That's why I said kinda. Texas is part of the United States. The United States was the group that got uppity.

If 2 European powers had a war over a territory that is now part of a third country we would still describe the war as being between the 2 original countries. Even if other territories that weren't part of those nations at the time now are.

But yes, on the other hand we are talking specifically about Texas so maybe you're right.

On the 3rd hand the chance to get superior with the colonies should never be passed up.




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