Britain may miss 2030 Clean Power target by five years - LCP Delta report: comment

"Whether it's 80% or 95% clean, bills are set to be more stable because of the net zero shift to renewables, as UK consumers are better shielded from global gas crises like the ones triggered by the Russia-Ukraine and US-Iran wars.

"Last year large windfarms lowered wholesale electricity prices by a third, [2] and every wind turbine built or solar panel installed means gas sets the price less of the time so volatility won't affect us as much in future. In Spain, power prices are among the lowest in Europe because they have lots of renewables. [3] Had investment in the electricity grid not stalled over the past decade, UK electricity bills could have been lower.
 
More wind and solar means we need to buy less foreign gas as the North Sea, irrespective of new drilling, continues its inevitable decline; even by the oil and gas industry's own ambitious estimates. It’s simply a mature basin with around 90% of oil and gas already extracted. [4] More investment in the grid is going to be needed if we aren’t to become ever more dependent on foreign fuels, but engineering and bureaucracy issues should be fixable."