Damien Jordan

But as far as I'm aware, gas is about a third of our, like on average, less than a third of our energy bills.

I don't know if you can give a breakdown of like solar, wind, but if the gas is a third of our electricity that we use, why does it dictate the price two thirds of the time?

Yeah.

But obviously you say we build more renewables so that we can use less gas, which will reduce the price of energy bills.

But if we need like a million units of energy and one of those is a gas unit, the whole lot becomes priced like a gas unit, does it not?

I want to be really clear on how that system works just so people can visualize it.

If there's 10 units of energy and nine of them cost one pound, like I'm just using simple numbers because they're green, you know, it's solar or wind, but the system needs that 10th unit.

And the only thing we have is gas because it's quick to turn on and fire up and get it where you need it.

But the gas costs 10.

We pay 10 for every unit, not an average of the units.

We pay the highest price for all of them, even though nine of them only cost one.

That's right.

So they're trying to put in the new set of contracts in this new world where we know we get these high spikes in gas prices, they're trying to put some kind of control in to stop that running away.

So there's a cap, basically, or they agree to a price.

Over what time period though?

Because you talk 2030 and you've said 2050 and like, you know, these feel like the distant future in terms of people are struggling now, right?

And we're in the summer.

It's not the winter yet.

And the government to support those bills in an economy that can't really justify just continually shelling out money, building the national debt just to keep people's lights on.

It's not sustainable.