Energy Prices (Strictly NO referrals!)

LabR@t said:
28% of current bill is green subsidy
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Christ, is that true? Where does that money go?

I think it was BP who just tried to justify their record profits by saying that they needed it so they could invest in green energy. I hope massive companies are not seeing a penny of that money.
 
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To be fair, in the UK I think we've done a fairly good job of keeping nuclear power plants online as long as possible (possibly could have been allowed to run slightly longer with slightly more pragmatic regulations). Many AGRs will be kept online long past their original design lifetime. The main reason we're losing nuclear capacity is simply that replacements were never built when they should have been.

Germany on the other hand deliberately decided to close theirs early.
 
... and the Chinese new reactor designs were problematic - given we are now concerned by russian cyber hacks, saying no to those designs and huawei was probably prudent.

Did the heavy storms ramp up the green/wind energy inputs to the grid ? or were they too strong so turbines had to be shut down.
 
Haggisman said:
Nimbyism.

Well, actually as mentioned above, thats why we havent built any more/newer ones
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I don’t think it is nimbyism it is down to total lack of strategic investment in generation probably because we privatised the generation industry and it is pretty hard to make a profit building new nuclear power stations without government funding. We left it all to late and then messed up the contracts and building while we gouged ourselves in cheap dirty imported coal and gas! Nothing like a lack of long term thinking to come round and bite you in the ass!
 
jpaul said:
... and the Chinese new reactor designs were problematic - given we are now concerned by russian cyber hacks, saying no to those designs and huawei was probably prudent.

Did the heavy storms ramp up the green/wind energy inputs to the grid ? or were they too strong so turbines had to be shut down.
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They put the brakes on the turbines in very high winds as they will ruin the gears, spin themselves apart and catch fire and/or explode

 
a1ex2001 said:
We left it all to late and then messed up the contracts
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in retrospect beyond the chinese design sourcing it was, it seems, doubly prudent

In the email, dated Nov. 27, CRIIRAD asked the French nuclear watchdog to investigate the whistleblower's claims, adding that any fault at the Chinese plant could have implications for other nuclear reactors EDF is developing in France and abroad.
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e:
Zenduri said:
They put the brakes on the turbines in very high winds as they will ruin the gears, spin themselves apart and catch fire and/or explode
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yep as I imagined , so one in a hundred years flooding events and associated storms from warming mess up the wind power generation - convoluted.
 
https://www.bbc.co.uk/news/business-60502451

Oil prices have surged past $100 (£74) a barrel after Russian President Vladimir Putin launched a "special military operation" in the eastern Donbas region of Ukraine.

These are the highest levels seen by the international benchmark Brent crude futures in more than seven years.

Prices jumped earlier this week before cooling amid economic sanctions and moves to block a Russian gas pipeline.

Russia is the second biggest exporter of crude oil after Saudi Arabia.

It is also the world's largest natural gas exporter.

"We could see prices keeping the momentum," said Tina Teng, a markets analyst at CMC Markets.
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Only going to get worse now
 
Just went to order some heating oil at 63.9p/l, by the time I checked a few sites and could get something in my basket ready to order it was 67p. Went for it anyway, could shoot up from here I'm sure.
 
It's weird how heating prices differ amongst companies and regions. Yesterday I ordered 1,200 litres at 60.5p. I don't know if that was because I was an existing customer or because they knew I'd used a heating oil comparison site.
 
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