When nuclear is established, renewables will the the most expense form of electricity production over the longer term.
Then the prices will be dictated by renewables in a similar fashion to how renewables companies are currently exploiting or should be considered as price gouging by being paid the prices set by fossil fuel generators.
This is the major problem that isn’t made public to the community!
That is why there should be 2 bidding markets one for fossil fuel generators and others renewables!
Theoretically, the renewables being cheaper should reduce what consumers pay and any additional cost of providing fossil fuel generation should be spread over the generation demand.
Currently the renewables are being paid what is basically set by the fossil fuel generators!
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- Dutton endorses renewables
Dutton endorses renewables, page-155
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