Wait until winter hits, it will focus some minds on their bills again.
Energy Prices (Strictly NO referrals!)
- Thread starter DXP55
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Debunked by who? Government sponsored experts? :∆
Soldato
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Guess we just have to be happy because we are the morally superior, happy to be skint knowing it's all "green" energy. Joke. There is no excuse, it's greed and a con.
except it's not black and white like you assume -
if the gas drives up the elexon auction price , government gets a refund on the excess wind farm monies over cfd/strike (like 5p/kwh)
but would pay compensation in over production situation - strike price as discussed
eg
if the gas drives up the elexon auction price , government gets a refund on the excess wind farm monies over cfd/strike (like 5p/kwh)
but would pay compensation in over production situation - strike price as discussed
eg
Nothing you have written contracts what I wrote.
Less than half of the UK's installed capacity is on CFD contract and as we all know, wind turbines are rarley actually producing at their name plate capacity. Gas IS setting the price most of the time, just because a some wind turbines have to pay a bit back doesn't change the fact gas is setting the price.
When gas isn't setting the price, those on the CFD contracts are being subsidised so a big chunk of that money they pay back, they get back via that mechanism.
Less than half of the UK's installed capacity is on CFD contract and as we all know, wind turbines are rarley actually producing at their name plate capacity. Gas IS setting the price most of the time, just because a some wind turbines have to pay a bit back doesn't change the fact gas is setting the price.
When gas isn't setting the price, those on the CFD contracts are being subsidised so a big chunk of that money they pay back, they get back via that mechanism.
100%, ideally the government should just own the windfarms as well.
This transition was an ideal opportunity to take back control of our energy network and that opportunity has been squandered now.
Soldato
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Did you miss the drop of £130 in July? So £-130 +£30 = -£100 they are still £100 lower that they were up until then
Soldato
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Drop in the ocean considering they have jumped up and up in a short space of time relatively speaking. Still very high costs we pay as consumers for energy in this country
UK’s biggest power station faces investigation over greenwashing claims
Financial Conduct Authority launches inquiry into Drax’s biomass ‘sourcing’
www.telegraph.co.uk
The company received £869m in public subsidies last year, but this is set to fall to £470m according to the government.
In February, Environment Secretary Ed Miliband extended pre-existing taxpayer support for the firm by agreeing to hand Drax another £2billion over the next four years.
Miliband and the Government were 'guilty of aiding and abetting' the pollution caused by Drax, adding: 'Miliband and the UK Government gave Drax a £2 billion incentive to continue robbing poor people of the right to breathe clean air and drink clean water.'
Drax's activities have come under heavy scrutiny from local US officials. Earlier this month, Mississippi authorities turned down an application from the company to increase the amount of pollution it is legally allowed to emit from the Gloster plant.
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Care to post an opinion rather than being an RSS feed (again)?UK’s biggest power station faces investigation over greenwashing claims
Financial Conduct Authority launches inquiry into Drax’s biomass ‘sourcing’
The company received £869m in public subsidies last year, but this is set to fall to £470m according to the government.
In February, Environment Secretary Ed Miliband extended pre-existing taxpayer support for the firm by agreeing to hand Drax another £2billion over the next four years.
Miliband and the Government were 'guilty of aiding and abetting' the pollution caused by Drax, adding: 'Miliband and the UK Government gave Drax a £2 billion incentive to continue robbing poor people of the right to breathe clean air and drink clean water.'
Drax's activities have come under heavy scrutiny from local US officials. Earlier this month, Mississippi authorities turned down an application from the company to increase the amount of pollution it is legally allowed to emit from the Gloster plant.
What’s the alternative? Durn off Drax and have electric shortages over winter?
That’s exactly what will happen if it isn’t making electricity.
Could you imagine the telegraph headlines then? ‘Miliband rolling blackout chaos’ with the byline ‘miliband’s green agenda breaks Britain’s grid and it’s costing you hundreads’
The irony is your beloved conservatives set this whole scenario up and paid Drax billions to burn virgin wood shipped in from Canada. They then try to blame Milliband personally when the house of cards all fall down.
It’s blatant rage bait for the gullible and the hard of thinking.
That’s exactly what will happen if it isn’t making electricity.
Could you imagine the telegraph headlines then? ‘Miliband rolling blackout chaos’ with the byline ‘miliband’s green agenda breaks Britain’s grid and it’s costing you hundreads’
The irony is your beloved conservatives set this whole scenario up and paid Drax billions to burn virgin wood shipped in from Canada. They then try to blame Milliband personally when the house of cards all fall down.
It’s blatant rage bait for the gullible and the hard of thinking.
I just looking at the money side of it, billions given but prices are still high.
Soldato
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indeed. whilst I think Drax is a con in terms of green energy and should be thought of on the same lines as fossil fuels when thinking clean Vs dirty generation , you don't just turn off what is dependable energy.
I want a clean grid..... but I don't want black or brownouts in peak times or dull but still days either. it will take years to transition the grid and the issue with fossil fuels has been known about since late 1970s. . Blaming 1 person or even 1 party about it now is v dishonest.
does milliband have all the answers? maybe not but at least he is trying to do what needs to be done and getting experts in renewables onboard to help like Greg Jackson is imo the right way
I want a clean grid..... but I don't want black or brownouts in peak times or dull but still days either. it will take years to transition the grid and the issue with fossil fuels has been known about since late 1970s. . Blaming 1 person or even 1 party about it now is v dishonest.
does milliband have all the answers? maybe not but at least he is trying to do what needs to be done and getting experts in renewables onboard to help like Greg Jackson is imo the right way
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Fossil fuels are also subsidised, do you get het up over those also?
Edit: For example, we give tax breaks to North Sea oil and gas companies for decommissioning their infrastructure in the North Sea once the well has dried up rather than them abandoning it and just leaving it in place to rot.
This is otherwise known as paying oil and gas companies to clean up the mess they made while making £bn’s of profit from the previous liquid gold.
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Re nuclear, one of the biggest players are EDF no?
They're fully state owned by France.
Why is state owned a bad idea in the UK unless it's another state? I mean they won't be making a loss otherwise they wouldn't be doing it.
Or am I missing something?
They're fully state owned by France.
Why is state owned a bad idea in the UK unless it's another state? I mean they won't be making a loss otherwise they wouldn't be doing it.
Or am I missing something?
No, you are not missing anything.
The profit made by EDF in the U.K. subsidises French citizens energy bills. That said, their stake in Sizewell C is a minority IIRC but they developed the stations we are using.
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The point I am making for the last 20 years they promised it would bring lower prices but it hadn't.
I not into energy or have knowledge about energy..
I see nothing we have been told materialise and I doubt it will.
Imagine what prices would have been if we hadn’t created all this crazy cheap energy!