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Post by bancroft on Feb 23, 2023 13:34:22 GMT
The Hydrogen experiment with heating homes in the North East will probably expand in a major way.
More with money will buy BEVs or HFCs and get solar panels.
There is always tidal power not used yet for political reasons though having big potential.
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Post by Pacifico on Feb 23, 2023 18:09:04 GMT
We need to build more power stations, either privately, or via the state. And we need to build them now. Some Czech company has the just got the go-ahead to invest £1 Billion in the UK on a new gas power station.
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Post by Vinny on Feb 23, 2023 18:11:07 GMT
We need loads of power stations.
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Post by wapentake on Feb 23, 2023 19:18:28 GMT
We need loads of power stations. We need energy security
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Post by jonksy on Feb 27, 2023 16:43:35 GMT
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Post by Baron von Lotsov on Feb 27, 2023 17:25:24 GMT
VAT, the green levy and adding the cost of the green transition to domestic bills doesn't help. ...Indeed, that was another mistake, adding the £4bn annual costs of the green transition to customers’ bills rather than via general taxation. “Such an approach is regressive, disproportionally affecting those least able to afford it”. And despite evidence from other countries of the unintended consequences, the government decided to introduce an energy price cap. In practice that meant that when prices surged, thinly capitalised and shaky businesses were tied into contracts guaranteed to lose them money. As a result, more than 30 suppliers have gone bust, at a cost to billpayers of around £4.6bn. The UK cannot control global energy prices, but the effects of “layers of often-populist, short-term interventions” have resulted in a dysfunctional energy market that means prices are far higher than they need be. We haven’t just been unlucky: this is “market failure by design”.
Iain Conn, ex-boss of Centrica, from an article in The Times May 2022.This year I believe marks the point where money flows the other way. The Renewable Obligation worked more like a loan. They get subsidised in the beginning but pay back the subsidy later on, and that time is now. Onshore wind is already the cheapest form of energy so we should be reaping the benefits. Mind you, you have lived long enough to know the consumer never sees the money promised in Britain. Some cunt pockets it on the way.
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