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Electricity, Tariffs, Monitoring & Providers
Last Post by TechnoGeek 1 minute ago
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TechnoGeek
 TechnoGeek
(@technogeek)
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Posts: 127
30/08/2025 4:59 pm  

@old_scientist 

Posted by: @old_scientist
↑

As an investor in multiple listed renewable companies on the FTSE, I can assure you I'm not making a lot of money doing nothing. In fact, 6 of the 7 listed renewable funds I have invested in have lost substantial amounts of money over the last 3 years. Take a look at UK Wind (UKW), a £4.2bn operator of UK wind farms, that is down 32% over the last 3 years. I personally have a substantial investment

I too had investments in the renewable's industry but with the high interest rates, the lack of grid capacity and poor strike prices being offered at the time by the Government, there was only one way for the market and that was down. So I pulled out 18 month ago.

Sorry to hear you have lost those percentages. 🙁

But the fact remains, these wind farms have 15+ year contracts that they will be paid for the power they produce regardless of whether they actually produce any (think its called contracts for difference?). Most of the time they are being paid to shutdown especially over the Winter.

Due to the lack of grid capacity and the policy direction to keep the "Not in my back yard brigade" happy (past ban of on shore wind etc), the situation is an expensive mess!

5 Bedroom House in Cambridgeshire, double glazing, 300mm loft insulation and cavity wall insulation
Design temperature 21C @ OAT -2C = 10.2Kw heat loss
Bivalent system containing:
12Kw Samsung High Temperature Quiet (Gen 6) heat pump
26Kw Grant Blue Flame Oil Boiler
All controlled with Honeywell Home smart thermostat


   
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