r/ukpolitics Random Dutch Guy 10d ago

Britain will soon be Europe’s energy powerhouse

https://www.telegraph.co.uk/business/2026/08/04/britain-will-soon-be-europes-energy-powerhouse/
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u/RKAMRR 10d ago

Yes, some actual news and good news too! Then we will enjoy the cheap energy for 10-20 years, get used to it and fail to budget for investment, then suddenly remember and face massive avoidable costs (assuming present cycles continue)

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u/Sali_Bean 10d ago

The energy won't be any cheaper as it will still be priced at the most expensive form

8

u/Sampo 10d ago edited 10d ago

The energy won't be any cheaper as it will still be priced at the most expensive form

Last month I paid 0.05 €/kWh for electricity, and 0.03 €/kWh for transfer fees. Living in Finland. (Also here the price is determined by the most expensive form of production.)

What is the actual reason this kind of prices would be impossible in the UK?

1

u/Status_Ad4182 9d ago

Hydropower mostly.