@MarinaPurkiss If it is all down to fossil fuels why do the heads of UK energy companies say even if the wholesale gas price was to drop to zero our bills will still not go down.
@mgshanks It's also obvious, that with the cost of people's energy bills in mind, you only included the most cost effective types of renewables in the auction ๐คฃ
@kafkaswife I don't agree with the policy but there is no academic consensus on this issue. I am sure you are aware Jonathan Haidt has been writing and publishing on this since 2018.
https://t.co/DCBQOQpkX1
It's not a policing problem. It's a reflection of a low trust society. Shoplifting, both reflects and reinforces the characteristics of a low-trust society, creating a feedback loop where distrust leads to crime, which in turn further erodes trust. It's a societal problem we did not have until recently.
@ret_ward@TiceRichard@reformparty_uk It is clear @ret_ward would make the U.K. more dependent on 20 year inflation linked renewables contracts and therefore make households and businesses more exposed and vulnerable to consistently high energy prices.
@TrisOsborneMP In fact renewables generated so much energy that the price was -ยฃ55. That doesn't mean bills get cheaper. We are paying renewables to generate electricity nobody needs and paying those who use it. Explain how that benefits us?
Despite what you read, those who believe there is a trade off between decarbonisation and economic growth and therefore living standards didnโt:
๐ข๏ธ Drain the North Sea.
๐ท Spend oil & gas money on tax cuts for the rich.
๐ก๏ธ Cause a global warming crisis.
๐ฃ Increase your bills by bombing Iran.
๐ท๐บ Lift sanctions on Russia.
@jonburkeUK Yes, it's Easter Sunday and the price of electricity is currently -ยฃ55 which means renewables are producing more power than we need. Yet apparently we need more of them
The North Sea may be a mature basin, but itโs not an empty one. Being mature does not mean being worthless.
Until they are exhausted they can still provide the UK with reduced LNG imports which does reduce costs but along with oil also provides significant tax revenue and good jobs. Why would we not exploit them?
Some AI and high performance compute will be able to benefit from cheap intermittent power. But the real issue is regulatory and political captureโflexible businesses in Scotland could lobby to keep discounts, slowing full grid fixes and perpetuating a regionally distorted market.
Here you go. รOยฒ or whole life carbon the full environmental impact of mining and processing the materials required needs to be included in any comparison. Unless of course virtue signalling about UK NetZero is all you care about.
The reason the UK does not have more nuclear is down to our regulatory environment.
@Mike1104376788@Raphfel Renewables intermittency means they generate significantly less electricity than their nameplate capacity and the fossil fuel and nuclear generators they replace.
@DaleVince Data Centres need reliable power 24x 365 with zero downtime. That why Microsoft, Google, Meta, Amazon,Open AI all investing in nuclear for their AI Data Centres.
@jonburkeUK The North Sea may be a mature basin, but itโs not an empty one. Being mature does not mean being worthless.
Until they are exhausted they can still provide the UK with significant tax, gas and jobs. Why would we not exploit them?
@cooldownrat@mikegalsworthy@DavidAspden@ZiaYusufUK@ClaireCoutinho What happens with excess power means nothing. What matters is what happens in periods of scarcity. When that happens close alliances mean nothing. Countries are already taking steps to secure their own supply.
https://t.co/4YKZY3KoVN
@mikegalsworthy@DavidAspden@ZiaYusufUK@ClaireCoutinho Explain how being dependent on electricity supplied by other countries via interconnecters makes us energy independent?
Especially given they have the legal right to cut supply if they need it domestically.