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JUST FUCK OFF BORIS YOU USELESS, PATHETIC C**T
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Pretty dumb to suggest saving £20 is worthwhile when more serious politicians tell us they've found an easy, pain-free fix to the problems caused by a 13-fold increase in wholesale energy prices.
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@MiketheSnow said in British Politics:
JUST FUCK OFF BORIS YOU USELESS, PATHETIC C**T
Have you seen the full quote? Or just the twitter bullshit?
The full quote is about spending 700 mill on the Nuclear plant. He states it's like buying 20 quid kettle which saves you 10 quid one year, then 10 quid the next and so on.
It's a decent comparison to make a point, which the Anti Boris twitter brigade elected to misquote to brew up further hatred.
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@pakman said in British Politics:
Interesting letter.
Gas accounts for nearly 36% of UK electricity generation though, and UK produced gas is priced at the global rate. The authors argue that forcing UK gas produces to sell their products at artificially low prices can be done while maintaining profitability and investment levels in the energy production sector. It's fantasy-land stuff which was all the rage in this country in the '70's and backfired spectacularly.
The only way that can be done is by tighter regulation of industry by government & civil servants and/or windfall profits taxes - the same approach which got us into this mess in the first place.
Dunno what the answer is, but the UK & the EU have got themselves into a real mess and the chickens hatched 10-20 years ago are coming home to roost.
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@Victor-Meldrew said in British Politics:
@pakman said in British Politics:
Interesting letter.
Gas accounts for nearly 36% of UK electricity generation though, and UK produced gas is priced at the global rate. The authors argue that forcing UK gas produces to sell their products at artificially low prices can be done while maintaining profitability and investment levels in the energy production sector. It's fantasy-land stuff which was all the rage in this country in the '70's and backfired spectacularly.
The only way that can be done is by tighter regulation of industry by government & civil servants and/or windfall profits taxes - the same approach which got us into this mess in the first place.
Dunno what the answer is, but the UK & the EU have got themselves into a real mess and the chickens hatched 10-20 years ago are coming home to roost.
The domestic gas cap is wobbly but the idea that solar, coal, wind etc. are priced off cost of production rather than spot gas prices seems sensible -- it's probably that or a windfall tax at the end of the day.
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@pakman said in British Politics:
@Victor-Meldrew said in British Politics:
@pakman said in British Politics:
Interesting letter.
Gas accounts for nearly 36% of UK electricity generation though, and UK produced gas is priced at the global rate. The authors argue that forcing UK gas produces to sell their products at artificially low prices can be done while maintaining profitability and investment levels in the energy production sector. It's fantasy-land stuff which was all the rage in this country in the '70's and backfired spectacularly.
The only way that can be done is by tighter regulation of industry by government & civil servants and/or windfall profits taxes - the same approach which got us into this mess in the first place.
Dunno what the answer is, but the UK & the EU have got themselves into a real mess and the chickens hatched 10-20 years ago are coming home to roost.
The domestic gas cap is wobbly but the idea that solar, coal, wind etc. are priced off cost of production rather than spot gas prices seems sensible -- it's probably that or a windfall tax at the end of the day.
Looking at it, even if you did de-couple the external gas price and halved other generation prices, a 13-fold increase in 20% of input prices from imported gas still means a near 3-fold increase in overall generation costs. Any windfall tax would probably need to go back into energy production - but minus the usual waste you get from government involvement.
May be wrong, but think the idea of costing renewables at the same price as fossil fuels was done by the Energy Regulator to encourage investment in renewables. Isn't Government regulation wonderful?
Short-term subsidies and long-term investment in things like nuclear and wind (funded by borrowed money & consumer levies) seem the only real solution to me - anything else is a sticking-plaster. Bit of a mess.
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Technology is getting there.
At a show today speaking to an event who has a 3000 sq ft home, two years old. With solar panels, battery, heat pump (ground) and an electric car his summer power costs are max 15 per month and winter around 50. My smaller house with no elec car is around 1800 a year about to sky rocket ….
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@MajorRage said in British Politics:
Technology is getting there.
At a show today speaking to an event who has a 3000 sq ft home, two years old. With solar panels, battery, heat pump (ground) and an electric car his summer power costs are max 15 per month and winter around 50. My smaller house with no elec car is around 1800 a year about to sky rocket ….
For sure, but the up-front costs are getting really high due to demand. A 7kWh system with a 10kWh battery is now coming it at c£13K to install - up from £9k last year. Some sort of government-backed loan scheme & installer support scheme could help- but we've still got to get thru the next year.
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@Victor-Meldrew said in British Politics:
@pakman said in British Politics:
@Victor-Meldrew said in British Politics:
@pakman said in British Politics:
Interesting letter.
Gas accounts for nearly 36% of UK electricity generation though, and UK produced gas is priced at the global rate. The authors argue that forcing UK gas produces to sell their products at artificially low prices can be done while maintaining profitability and investment levels in the energy production sector. It's fantasy-land stuff which was all the rage in this country in the '70's and backfired spectacularly.
The only way that can be done is by tighter regulation of industry by government & civil servants and/or windfall profits taxes - the same approach which got us into this mess in the first place.
Dunno what the answer is, but the UK & the EU have got themselves into a real mess and the chickens hatched 10-20 years ago are coming home to roost.
The domestic gas cap is wobbly but the idea that solar, coal, wind etc. are priced off cost of production rather than spot gas prices seems sensible -- it's probably that or a windfall tax at the end of the day.
Looking at it, even if you did de-couple the external gas price and halved other generation prices, a 13-fold increase in 20% of input prices from imported gas still means a near 3-fold increase in overall generation costs. Any windfall tax would probably need to go back into energy production - but minus the usual waste you get from government involvement.
May be wrong, but think the idea of costing renewables at the same price as fossil fuels was done by the Energy Regulator to encourage investment in renewables. Isn't Government regulation wonderful?
Short-term subsidies and long-term investment in things like nuclear and wind (funded by borrowed money & consumer levies) seem the only real solution to me - anything else is a sticking-plaster. Bit of a mess.
All of which just confirms that attempts at manipulation of market forces never really go well. Caps/limits become prices, pegged prices become arbitrage opportunities, subsidies and tax rebates become corporate profits, windfall taxes become consumer costs. It really is that simple.
This is about underinvestment. The government has for decades now flagged the most efficient and safest large capacity energy source - nuclear- as being ideologically unacceptable. They need to pivot that now and put the writing on the wall for providers who don’t get with a strategic shift to renewables and nuclear that their companies’ days are numbered.
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@Victor-Meldrew said in British Politics:
@MajorRage said in British Politics:
Technology is getting there.
At a show today speaking to an event who has a 3000 sq ft home, two years old. With solar panels, battery, heat pump (ground) and an electric car his summer power costs are max 15 per month and winter around 50. My smaller house with no elec car is around 1800 a year about to sky rocket ….
For sure, but the up-front costs are getting really high due to demand. A 7kWh system with a 10kWh battery is now coming it at c£13K to install - up from £9k last year. Some sort of government-backed loan scheme & installer support scheme could help- but we've still got to get thru the next year.
Yep. I’d say next few years.
Putins aims are crystal clear. Russia / China power axis built on energy blackmail. Gas ain’t coming down in price for a very long time, if ever.
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@MajorRage said in British Politics:
@MiketheSnow said in British Politics:
JUST FUCK OFF BORIS YOU USELESS, PATHETIC C**T
Have you seen the full quote? Or just the twitter bullshit?
The full quote is about spending 700 mill on the Nuclear plant. He states it's like buying 20 quid kettle which saves you 10 quid one year, then 10 quid the next and so on.
It's a decent comparison to make a point, which the Anti Boris twitter brigade elected to misquote to brew up further hatred.
Exactly, he wasn't even talking about energy bills here.
He says enough stupid shit without people needing to clip stuff out of context to generate fake rage.
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@TeWaio said in British Politics:
@MajorRage said in British Politics:
@MiketheSnow said in British Politics:
JUST FUCK OFF BORIS YOU USELESS, PATHETIC C**T
Have you seen the full quote? Or just the twitter bullshit?
The full quote is about spending 700 mill on the Nuclear plant. He states it's like buying 20 quid kettle which saves you 10 quid one year, then 10 quid the next and so on.
It's a decent comparison to make a point, which the Anti Boris twitter brigade elected to misquote to brew up further hatred.
Exactly, he wasn't even talking about energy bills here.
He says enough stupid shit without people needing to clip stuff out of context to generate fake rage.
Is this about the nuclear instead of wind turbine thing?
Am I wrong in thinking the below is a rather simplistic view? No mention of how the energy from the turbines is harnessed or the environmental impact.
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@Bones said in British Politics:
@TeWaio said in British Politics:
@MajorRage said in British Politics:
@MiketheSnow said in British Politics:
JUST FUCK OFF BORIS YOU USELESS, PATHETIC C**T
Have you seen the full quote? Or just the twitter bullshit?
The full quote is about spending 700 mill on the Nuclear plant. He states it's like buying 20 quid kettle which saves you 10 quid one year, then 10 quid the next and so on.
It's a decent comparison to make a point, which the Anti Boris twitter brigade elected to misquote to brew up further hatred.
Exactly, he wasn't even talking about energy bills here.
He says enough stupid shit without people needing to clip stuff out of context to generate fake rage.
Is this about the nuclear instead of wind turbine thing?
Am I wrong in thinking the below is a rather simplistic view? No mention of how the energy from the turbines is harnessed or the environmental impact.
I don’t know anything about power generation really. But commonsense says that since wind turbines can’t be used 100% of the time (because there is not enough or too much wind) you’d be obliged build a hydro or fossil fuel backup capability as well. Whoever wrote this didn’t factor in the construction, running and environmental cost of that. So it’s disingenuous at best.
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@Bones said in British Politics:
@TeWaio said in British Politics:
@MajorRage said in British Politics:
@MiketheSnow said in British Politics:
JUST FUCK OFF BORIS YOU USELESS, PATHETIC C**T
Have you seen the full quote? Or just the twitter bullshit?
The full quote is about spending 700 mill on the Nuclear plant. He states it's like buying 20 quid kettle which saves you 10 quid one year, then 10 quid the next and so on.
It's a decent comparison to make a point, which the Anti Boris twitter brigade elected to misquote to brew up further hatred.
Exactly, he wasn't even talking about energy bills here.
He says enough stupid shit without people needing to clip stuff out of context to generate fake rage.
Is this about the nuclear instead of wind turbine thing?
Am I wrong in thinking the below is a rather simplistic view? No mention of how the energy from the turbines is harnessed or the environmental impact.
Teresa is an imbecile. No reactor has cost >£35 billion. I guess if you simply make up numbers and ignore contributory factors you can come to the conclusion that you want.
Meanwhile the IEA has facts: https://www.iea.org/articles/levelised-cost-of-electricity-calculator
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@antipodean Thanks, that's awesome!
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@JC @antipodean
"Oh and don't forget the sea levels rise. Nuclear plants have to be at sea level".Oops. Doesn't Switzerland have nuclear?
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As predicted, the members choose Truss
Wishy Washy Sunak did himself absolutely no favours despite having more ability in his left toe
British Politics