If you thought that Net Zero couldn’t get any sillier, it just has. Remember how, according to Boris Johnson, Britain was going to become the ‘Saudi Arabia of wind’, exporting massive amounts of abundant power? Actually, we are importing record amounts of electricity: a net 330 terawatt-hours’ worth in 2024, equivalent to over 10 per cent of that consumed in Britain in 2024. This comes via subsea cables from France, the Netherlands, Belgium and Norway.

UK households are also subsidising energy consumers abroad

UK households are also subsidising energy consumers abroad

But, as the energy company Octopus pointed out before a House of Lords committee on Tuesday, even when we do export electricity we are often doing so at a loss, with UK households effectively subsidising their counterparts in France and other countries. This bizarre arrangement is a function of our energy market rules and the failure to build grid capacity fast enough to match the power output from wind........

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