All views my own etc
But reporting this without putting figures in context could amount to scare-mongering, and might display disappointing anti-renewables bias.
But reporting this without putting figures in context could amount to scare-mongering, and might display disappointing anti-renewables bias.
But, that detail was absent from these news stories...
But, that detail was absent from these news stories...
and you don't see any headlines about the dangers of fish and chip shops!
and you don't see any headlines about the dangers of fish and chip shops!
Here's how this compares to other causes of fire:
Here's how this compares to other causes of fire:
It would be good if this hidden saving was reflected in discussions about the cost of renewables...one can dream!
It would be good if this hidden saving was reflected in discussions about the cost of renewables...one can dream!
But without the wind we already have on the system, the wholesale electricity price would actually be HIGHER than the strike prices for most technologies
& which may well fall anyway.
But without the wind we already have on the system, the wholesale electricity price would actually be HIGHER than the strike prices for most technologies
& which may well fall anyway.
3) Renewables are pushing down the amount of time that gas sets the price of all generation - from 97% to 85%.
3) Renewables are pushing down the amount of time that gas sets the price of all generation - from 97% to 85%.
1) Wind farms cut the day-ahead wholesale price by up to a quarter (25%) in 2024, about £25/MWh
compared to if there was no/little wind, and gas instead
this hidden saving is not being considered by those who call to scrap renewables.
1) Wind farms cut the day-ahead wholesale price by up to a quarter (25%) in 2024, about £25/MWh
compared to if there was no/little wind, and gas instead
this hidden saving is not being considered by those who call to scrap renewables.
As they push older, less efficient gas power plants off the system and from being the marginal generator
The £ implications of this have been v hard to quantify...until now.
As they push older, less efficient gas power plants off the system and from being the marginal generator
The £ implications of this have been v hard to quantify...until now.
Gas is normally the "marginal" generator, filling the last bit of supply to meet demand and it's price is high comparably
In UK, all generation on day-ahead market - even if cheaper - gets this final "marginal price".
Gas is normally the "marginal" generator, filling the last bit of supply to meet demand and it's price is high comparably
In UK, all generation on day-ahead market - even if cheaper - gets this final "marginal price".
Yes, we need to invest in the grid after decades of under-investment.
But today's grid upgrade is tomorrow's bill reduction.
Yes, we need to invest in the grid after decades of under-investment.
But today's grid upgrade is tomorrow's bill reduction.
£6 for so-called "green" levies, which help to pay for things like insulation into low-income households and the Warm Homes Discount
And nuclear costs up £12 to pay for continuously delayed & over-budget Sizewell C.
£6 for so-called "green" levies, which help to pay for things like insulation into low-income households and the Warm Homes Discount
And nuclear costs up £12 to pay for continuously delayed & over-budget Sizewell C.
AND reduces constraint payments, where we pay Scottish wind farms to turn off and gas to power up down South.
eciu.net/media/press-...
AND reduces constraint payments, where we pay Scottish wind farms to turn off and gas to power up down South.
eciu.net/media/press-...
- Some for maintenance and operation (business-as-usual)
- Some for building new infrastructure, pylons and cables etc, to allow new renewables to come online...
www.ofgem.gov.uk/sites/defaul...
- Some for maintenance and operation (business-as-usual)
- Some for building new infrastructure, pylons and cables etc, to allow new renewables to come online...
www.ofgem.gov.uk/sites/defaul...
- For maintaining and operating gas networks
- Increased depreciation (paying off networks investments more quickly)
Don't know how this is a 'net zero cost' as suggested by the Telegraph this morning...
- For maintaining and operating gas networks
- Increased depreciation (paying off networks investments more quickly)
Don't know how this is a 'net zero cost' as suggested by the Telegraph this morning...
1) Wholesale costs down £12 on previous quarter, as gas prices fall from peak levels BUT remain above pre-crisis levels
In Feb, they reached a 2-year high and are still volatile.
1) Wholesale costs down £12 on previous quarter, as gas prices fall from peak levels BUT remain above pre-crisis levels
In Feb, they reached a 2-year high and are still volatile.
But a few billion barrels of oil equivalent, even if discovered and economically extracted (unlikely), won't make any difference.
eciu.net/media/press-...
But a few billion barrels of oil equivalent, even if discovered and economically extracted (unlikely), won't make any difference.
eciu.net/media/press-...
Any new fields are potential liabilities, stranded assets as the world transitions, leading to a chaotic decline
Helping no-one, inc those working in N Sea supply chains.
bsky.app/profile/tors...
Any new fields are potential liabilities, stranded assets as the world transitions, leading to a chaotic decline
Helping no-one, inc those working in N Sea supply chains.
bsky.app/profile/tors...
bsky.app/profile/tess...
bsky.app/profile/tess...
And any speculative discoveries don't change the geological fact that the North Sea IS RUNNING OUT
What's left is mostly oil - 70%
We export the majority of our oil - 80%
bsky.app/profile/tess...
And any speculative discoveries don't change the geological fact that the North Sea IS RUNNING OUT
What's left is mostly oil - 70%
We export the majority of our oil - 80%
bsky.app/profile/tess...