Energy Prices (Strictly NO referrals!)

And we have days like today and yesterday where renewables is about 60% of generation


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Gammawolf said:
A few days at a time is laughable. It was only two weeks ago that wind power died for an entire week and produced close to nothing. Needless to remind you that last year we had a period where wind was down 30% across a 3 month period compared to the previous year same 3 months..
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I think the parallel with california may exist - we have intermittent wind .... they have sun (&beaches, Boris is an actor too) and intermittent high demands from air conditioning.
so seems for their 'long' term (16 hours) battery storage maybe in jeopardy Mar 28th

The steep rise in the cost of lithium carbonate in particular means that it’s likely the industry will see a slowdown in new projects in 2022 and possibly next year, Adam Walters, a specialist lawyer with Stoel Rives, said.
“We’re at the point where batteries are going to be uneconomical in the short term for a lot of projects. The economics are not going to stack because those raw materials prices being so much extremely higher, translates to 20% to 30% higher battery prices overall,” Walters said in an interview.
Walters provides legal counsel as a transactional, commercial and project lawyer to clients in the renewable energy and battery storage space, among others, with previous experience in-house at Tesla and First Solar.
Cobalt and other raw materials important for lithium-ion battery production have also gone up in price, but it is lithium carbonate prices, which have “quintupled since last August,” that present a massive issue, he said.
From about RMB100,000 (US$15,000) per metric tonne in China in the first half of 2022, prices are at about RMB500 (US$78,000). Prices doubled in the last two months and double two months before that. Walters said the situation is going to be a “massive break on the industry”.
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Pricing volatility ‘making it difficult to convince banks’​

so if we don't want to be held hostage, as boris suggested, or dig up cornwall for lithium need to bet on nuclear.
sending hardware to help zelinsky is not so ultruistic,
where is the new oil from Iran though, now we settled the debt Truss of the dealsdurbovilles, hasn't discussed it recently
 
D.P. said:
I taker the opinion of the worlds experts much more seriously than the opinion of forum goers. Nothing personal, but you have shown that you don't really understand reliability of wind and the impacts or variability, and don't understand the costs of nuclear.

I want energy to be reliable, economic and clean. Nucelar doesn't become part of that.
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Lots of experts, arguably more qualified than the bureaucrats you quoted completely disagree.

With nuclear you pay for security and consistency of the energy supply, you don't expect it to be cheap. Nuclear power has actually overdelivered when you look at the UK AGR program. The problem has been the government considering proposals for a myriad of designs which then overrun in timescales and costs, instead of having a standardised design that can be produced quickly and relatively cheaply as France did when they rolled out nuclear power, they were getting them built in just 4 years! Fact of the matter is we are thankfully building more nuclear reactors whether you like it or not and they will be a good part of our mix.
 
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Wow, what a long thread.

I wonder how many people complaining have debts, stuff on finance, a car they probably don't need, and buy **** coffee every morning at £2 a cup.
 
Zatoichi.uK said:
Water meter installed?
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Nope, that's family of 4, 2 showers in morning for adults, 1 bath for 2 kids in evening. Sometimes an additional shower or bath for wife depending on work or not. Then we wash up 3/4 times a day from breakfast, lunch, dinner.

I don't know what an average is but kids double everything usually. They want water/squash and then never drink it. They put more water out of the bath then in it haha.

Edit: oh and the washing machine on daily sometimes 3 times a days.
 
Smokey Deza said:
Wow, what a long thread.

I wonder how many people complaining have debts, stuff on finance, a car they probably don't need, and buy **** coffee every morning at £2 a cup.
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Ah, so if you have any of the above (my only debt is my mortgage, car is ancient and paid for and I don't drink coffee) then you have no right to voice your opinion on any increases multiples times the rate of inflation?

Guess people just need to accept utility bills more than doubling, keep quiet and be thankful if they have other debts?
 
Smokey Deza said:
Wow, what a long thread.

I wonder how many people complaining have debts, stuff on finance, a car they probably don't need, and buy **** coffee every morning at £2 a cup.
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A car they probably don't need? Relying on public transport is a great thing?
 
V F said:
A car they probably don't need? Relying on public transport is a great thing?
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Are you surprised at the comment from someone who hates car drivers?

Smokey Deza said:
Oh right, so ****** to all those that die through my rancid, poisonous emmissions, because I pay for the right to do so.

What a wonderful mentality. And I don't own a car, largely for the above reason.
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Smokey Deza said:
You filthy motorists have no right to complain about anything on the road whilst you willingly kill people with you toxic emmissions.
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Smokey Deza said:
Wow, what a long thread.

I wonder how many people complaining have debts, stuff on finance, a car they probably don't need, and buy **** coffee every morning at £2 a cup.
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None of that myself. My only debt is my mortgage and I've not brought a coffee from somewhere for over a hear and it only used to be one every few weeks.

I do however need a new car as this one on last legs, worth £900 and would cost over £1200 to repair and since I do three hours car commute and have two boys I pick up and take out weekends for trios when I see them I will get something half decent, still second hand this time.
 
SDK^ said:
And we have days like today and yesterday where renewables is about 60% of generation


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Solar is quite a creditable amount can. And that 13 GW of wind is over 90% load factor which is a lot. Been plenty of days this winter wind was under 1.5 GW some days even below 1 GW. Without a time stamp it's impossible to be sure but I imagine at 31GW that's not quite daily peak for this time of year. So I expect a whole bunch of gas stations were double 2 shifting mid day to be back on for the peak.
 
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