Yes. Put simply, fracking is the method whereby hydrocarbons (oil and gas) are removed from the reservoirs they're in. What people are getting their knickers in a twist about is onshore shale gas fracking.
The power companies have the UK government over a barrel. They are refusing to build the necessary gas fired power stations, unless the government increase its subsidy for them.
The gas fired power stations will be required when the wind drops off. They will not be required when the wind is blowing. So makes the gas stations very uneconomical. Hence the subsidy requirement.
If taxpayers knew the real cost of wind generated electricity, they would be up in arms.
The power companies have the UK government over a barrel. They are refusing to build the necessary gas fired power stations, unless the government increase its subsidy for them.
The gas fired power stations will be required when the wind drops off. They will not be required when the wind is blowing. So makes the gas stations very uneconomical. Hence the subsidy requirement.
If taxpayers knew the real cost of wind generated electricity, they would be up in arms.
Germany has some of the lowest wholesale prices in Europe, but some of the highest customer prices, nigh on half the cost of energy in the Germany is now renewable subsidies.
