@oaedoel@aDissentient “That doesn’t mean you buy half hours worth of electricity.”
My brother in Christ that is EXACTLY what it means and how the UK market works. You really need to look into this more.
@oaedoel@aDissentient It can and it is. Forward auctions are for generation within each half-hourly period. Hedging isn’t just buying energy randomly for some undefined time in the future. It’s done by half-hourly periods. I recommend reading up on electricity markets in the UK.
@Ongasuk@DpawsonGas@aDissentient We don’t sell them with a straight face. I sell them with a smile. To hundreds of customers every week. 🙂
If you’d like to come over for a factory tour, you can meet the whole team. Even build one.
@oaedoel@aDissentient Mate, you don’t have to do this. You really don’t. You’re embarrassing yourself and that’s never good.
Future energy is also sold in half-hourly blocks. And wholesale only makes up a portion of energy costs.
This is why you should argue without knowledge!
@xiaowang1984 We don’t need one anywhere because we don’t use a drip pan. We use subcooling and a better condensate extraction design. You can do a lot when you don’t start with a metal box as your form factor. 🙂🐙
@StephenJBeynon@oaedoel@aDissentient The costs you’re talking about are the *intraday* market. We hedge our electricity position months ahead. It’s the difference between buying your plane ticket to Benidorm 6-9 months ahead or buying it 30 minutes ahead. Again, we know a thing or two about this stuff 😉
@oaedoel@aDissentient Agile & Tracker don't have peak periods either. Agile has a premium added. Cosy has set rates. Agile might be 25p when Cosy is 15p today. Tomorrow Agile could be 20p when Cosy is 48p. Dynamic and ToU tariffs work differently.
We know a thing or two about energy pricing 😉
@oaedoel@aDissentient It's not "cheaper than normal." It's a time of use tariff that reflects the half-hourly variations in energy costs whereby customers achieve a lower effective rate. There is no subsidy at all—just better pricing and smarter use of the energy system.
@DiscePuer@aDissentient 2.5 is not a viable basis of comparison for the reasons listed (as acknowledged by the authors of the study). Modern heat pumps deliver efficiency far beyond that irrelevant number. Data from thousands of heat pumps doesn’t lie.