This is a particularly odd behaviour. It is significantly cheaper to generate electricity by virtually any form of renewable electricity. We are making great progress in cutting our carbon emissions (in 2022 UK emissions fell by 3.5%, but this progress will be delayed for some time, and unable to drop as far as they need to) and these power stations will last for 20-30 years, which means that even on the low end, these power stations will be still running in 2050.
As can be seen from all of the renewable sources of electricity, their costs are declining fast. The cost of gas is already more expensive than wind, and that does not account for catching the carbon from it (which will hugely increase the cost per kilowatt hour. Likely making it more expensive even than nuclear power.Â
While Rishi Sunak has suggested that we need gas to power the UK, that is rubbish. We have 25 years. Furthermore, renewables are always cheaper over their lifetime, which means that by 2050 we will already have saved money overall. I am confused as to who wins – though given Sunak has included this in the conservative manifesto, suggesting that this is in some way a political move.
We can only hope (at least on this front) that the polls do not change, and Conservatives are pushed out of power. This is thought that in 2022 14% of carbon emissions came from the gas powered power stations we have. Whether Labour will do the right thing and reverse this decision, we will find out in the future.
