What does the ‘inevitable’ wind and solar transition look like? Try power-starved Britain, where power prices are out of control, with much, much worse to come.
Last October, the average annual energy bill was £1,400 ($2,400). Energy industry analyst Cornwall Insight forecasts that the British price cap will skyrocket and the average annual bill will reach £3,582 ($6,177) in October this year. By January, it predicts it will be £5,000 (almost $10,000) a year.
By February, in the depth of a no doubt bitter winter, the average household will be spending £150 a week trying to keep the lights on and, perhaps, warming up a single room in their dimly lit homes. Householders will have the make the cruel choice between heating and eating. So far, so Third World.
None of this comes as a surprise to STT; we’ve been spelling it out on these pages for nearly a decade.
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Utopia, you are standing in it! 
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