[–] 1 point 11 hours ago (2 children)

I guess another way would be fixed prices for all nuclear and renewables since they have fixed costs anyway. The thing is, the system already works that way to an extent, as there are a lot of guaranteed prices in renewables and some in nuclear. As far as I can tell, these subsidies are why the market price sometimes goes negative when solar or wind produce a lot: the subsidized sellers don't care, they still receive their guaranteed income based on the quantity of energy they inject into the grid. It seems to me that without these subsidies the market prices would always be high, thus better reflecting the true cost of electricity.

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    Take a look at this old gem. A web page from a different era, still fine after 23 years, although if you open it on a smartphone you have to zoom in or use the browser's reading mode or rotate the screen because the page predates the iPhone.

    I'm sharing this now due to recent discussions of the possibility of the UK rejoining the EU, which have been triggered by Prime Minister Andy Burnham breaking the Brexit taboo a few weeks ago. Euro adoption usually pops up in those debates and tends to be presented as unthinkable. It's true that there never was broad public support to adopt the euro in the UK, but Labour governments used to support monetary union in principle and had come up with the five economic tests to assess the country's structural readiness to join.

    To be clear, I'm not claiming that the UK would have to agree to adopt the Euro in order to join the EU again. It would certainly be easier if a strong majority of the UK population was committed to all aspects of the ever closer union, but the reality is that some EU member states also lack those strong majorities. Indeed six members still haven't adopted the euro: Czechia, Denmark, Hungary, Poland, Romania and Sweden.

    Which of the opinions from 2003 do you find most interesting (or funny or …)? What would your response be if the BBC asked again for people's opinions on Euro adoption in the UK (or in your own country)?

    [–] 7 points 1 day ago (5 children)

    Setting the electricity market price based on the most expensive source at any given time is pretty much universal in Europe. It's an EU thing, not a specificity of the UK.

    Changing this rule would reduce the income and profits of climate friendly electricity providers, thus penalizing the investors who tried to do the right thing.

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  • [–] 1 point 2 months ago* (last edited 2 months ago)

    Le fait que l'Australie arrive à faire baisser les prix sur le marché de l'électricité en subventionnant l'installation de batteries est intéressant, mais attention aux comparaisons simplistes avec la France et l'Europe.

    Je rappelle que l'Europe est une des pires régions au monde pour l'énergie solaire, alors que l'Australie a plutôt un bon potentiel (source : Global Solar Atlas). Malgré cet avantage naturel, l'électricité australienne est encore 10 fois plus nocive pour le climat que l'électricité française (source : Our World in Data).

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