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Post by zanygame on Oct 4, 2023 6:34:01 GMT
Roll on renewable energy.
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Post by Pacifico on Oct 4, 2023 6:49:52 GMT
Yes - the double the hit on our wallets..
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Post by steppenwolf on Oct 4, 2023 6:52:13 GMT
We need to step up our own oil production. We'll need it for another 30 years at minimum.
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Post by zanygame on Oct 4, 2023 6:53:12 GMT
Yes - the double the hit on our wallets.. Short term pain, long term gain.
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Post by zanygame on Oct 4, 2023 6:55:55 GMT
We need to step up our own oil production. We'll need it for another 30 years at minimum. Agreed. I think we'll always need some oil. Problem is the licences allow the oil companies to sell the oil on the world market and take the profits, so the price to the man on the street will be the same as OPEC's. Could we have a brave enough government to issue licences that limit sales to the UK?
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Post by Pacifico on Oct 4, 2023 6:59:32 GMT
Yes - the double the hit on our wallets.. Short term pain, long term gain. long term plain for no gain...
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Post by zanygame on Oct 4, 2023 7:08:12 GMT
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Post by Pacifico on Oct 4, 2023 7:13:56 GMT
long term plain for no gain... Lol. Renewable is now cheaper than Gas and Oil and will never be more expensive. Rubbish..
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Post by zanygame on Oct 4, 2023 7:19:05 GMT
Lol. Renewable is now cheaper than Gas and Oil and will never be more expensive. Rubbish..
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Post by zanygame on Oct 4, 2023 7:20:28 GMT
commonslibrary.parliament.uk/why-is-cheap-renewable-electricity-so-expensive/#:~:text=In%202021%2C%20the%20global%20average,onshore%20wind%20was%2039%25%20lower. Renewable generators typically have the lowest costs (because they do not have to buy fuel to burn) and so are the first to meet demand. Fossil fuel generators (including gas) often have the highest costs as they must buy fuel to burn, which also has a carbon price on it. As a result, although most electricity is produced using sources with low marginal costs (42% by renewables and 15% from nuclear), the price that is paid for electricity traded on the spot market is often higher, at the marginal cost of generating electricity with gas.
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Post by jonksy on Oct 4, 2023 9:47:28 GMT
commonslibrary.parliament.uk/why-is-cheap-renewable-electricity-so-expensive/#:~:text=In%202021%2C%20the%20global%20average,onshore%20wind%20was%2039%25%20lower. Renewable generators typically have the lowest costs (because they do not have to buy fuel to burn) and so are the first to meet demand. Fossil fuel generators (including gas) often have the highest costs as they must buy fuel to burn, which also has a carbon price on it. As a result, although most electricity is produced using sources with low marginal costs (42% by renewables and 15% from nuclear), the price that is paid for electricity traded on the spot market is often higher, at the marginal cost of generating electricity with gas. Total BS Zany.
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Post by Montegriffo on Oct 4, 2023 10:09:46 GMT
commonslibrary.parliament.uk/why-is-cheap-renewable-electricity-so-expensive/#:~:text=In%202021%2C%20the%20global%20average,onshore%20wind%20was%2039%25%20lower. Renewable generators typically have the lowest costs (because they do not have to buy fuel to burn) and so are the first to meet demand. Fossil fuel generators (including gas) often have the highest costs as they must buy fuel to burn, which also has a carbon price on it. As a result, although most electricity is produced using sources with low marginal costs (42% by renewables and 15% from nuclear), the price that is paid for electricity traded on the spot market is often higher, at the marginal cost of generating electricity with gas. Total BS Zany. Show your work Jonsky. Claiming BS with no explanation just makes you look a fool.
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Post by Pacifico on Oct 4, 2023 10:54:21 GMT
Rubbish.. The current gas price is £32 per MWh - last month the windpower auction failed to attract any bids at £44 per MWh Someone has been pulling your leg,..
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Post by jonksy on Oct 4, 2023 12:33:00 GMT
Show your work Jonsky. Claiming BS with no explanation just makes you look a fool. FFS monty you have had enough links on other threads on this subject. So called renewable energy is not cost effective. Even at the price of fossil fuel it is still a bargain compaired to the alternative source like solar and windpower. Take Ev's for example there is a total lack of charging stations acoss the globe.
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Post by jonksy on Oct 4, 2023 12:42:41 GMT
Vertu boss hits out at Government ‘messaging’ as EV demand wanes
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