Robert Best

We will remunerate you for some of those sunk capital costs.

People, again, should probably need to understand that some of our energy, and, you know, this is

True of wind, I think solar.

It's certainly true of the new nuclear that's being built.

They're on fixed price contracts.

What happens is the price that they receive will be fixed.

And if they receive more than that because of marginal pricing, they have to pay that back into the system, don't they?

And if actually the price plummets below what they get...

then we pay them back so they get their fixed price.

So that is a way of shielding.

But there are also all these older power stations that are on, that basically just get the market price.

I think.

Because that is the point.

Do you think that that is the most cost effective system?

Although I would argue...

That if you could demonstrate that renewables were rewarding people directly in their pocket, support for the kind of things you think as the Climate Change Committee need to take place in the UK to get us to net zero would be much greater.

Nonetheless, the big fact is we pay more for energy in this country than any other comparable economy.

I'm agreeing it's rubbish, but then why won't they reform the pricing system?

Let me, therefore, do some of the work that you don't want to do.

So if you look at something like zonal pricing...