Bertalan Gyenes

speaker

83 appearances 1 recordings 1 series first heard Jul 2026 last heard 14 Jul

Bertalan Gyenes’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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Talking New Energy · 248. Are wind PPAs about to become more expensive? · 14 Jul 2026 podcast

And then they also have to be aware of what everybody else is doing.

How much other intermittent renewable generation is going to be on the system going forward?

How is that going to be reducing their price?

How is that going to depress the price that they can achieve?

So that is where this comes in.

For an investor so for an investor, for example, that's looking to buy an existing generator, for example, they have to think that the price that they've seen a generator achieve over the past two years isn't necessarily going to be indicative of what they can achieve going forward.

So that's also something that they have to consider.

Yeah.

It's so not a new concept, Sam, that the shareholders of Bettersea Power Station complained about it not making enough money in its first few years and that was almost a hundred years ago.

So that was actually because of the overestimated demand increases, and that is part of the issue today.

Over the past few years, we've actually seen demand, power demand, power system demand go down in GB, and but we kept building more VIN generation.

So that has meant that the proportion of VIN generation on the system has actually been going up over the past few years.

And that's really what it comes down to.

It's not about the actual generation.

Wind generation on the system is how much of the generation is being given by wind, really.

And that's been going up over the past few years.

And certainly in the work that we've done, we looked at what we can expect over the next few years.

We looked at it in two different ways, two completely different ways.

We looked at it from the point of view of what if the trends are just going to continue as to what we've seen over the past few years, demand is going to slowly slightly decrease.

have been slowly going to be building out.

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