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We have some of the highest electricity prices in the world. The politicians obsess over net-zero at the expense of dealing with the issues affecting most peopl
by FridayoLeary 5mo ago
We have some of the highest electricity prices in the world. The politicians obsess over net-zero at the expense of dealing with the issues affecting most people.
- triceratops 5mo agoYou seem to make the same comments in every thread about renewable energy regardless of what's actually happening.
- FridayoLeary 5mo agoNice to see you again. Yeah, i feel it's a political thing where green initiatives are being pushed against the interest and benefit of voters. The benefits are continually overhyped and frankly in the UK we are seeing none of them. I actually quite like the idea of renewables and don't entirely understand Trumps pathological hatred of them, but i don't think politicians hamstringing our economy to win green points with their pals is a good thing. Also what's the plan here? Fall years behind the rest of the world while we switch over and then expect to magically catch up somehow?
- triceratops 5mo agoThe "political thing" is the oil industry working hard to make you feel like going renewable is a "political thing". It's a matter of life-or-death for them that you believe their lies. If you like the idea of renewables take some time to understand the economics instead of spouting the same tired lies. They don't "hamstring the economy". Nor will adopting them cause you to "fall behind". The "rest of the world" is rapidly adopting renewables.
- 7952 5mo agoWe have policies that are good in principal but when they interact with other policy become unworkable for a reasonable cost. But then you focus on one individual area of policy rather than the system as a whole. Also, in my experience the green initiatives generally have terrible publicity and these kind of articles are just pointing out some positives in a sea of negatives. What we endlessly miss is that the British public generally wants Co2 reduced and have got that.
- youngtaff 5mo agoSo cleaner air, more efficient buildings etc is against the interests and benefits on the voters>
- cjrp 5mo agoWhat if a happy byproduct of pushing for net zero is more investment in renewables, and decoupling the electricity price from gas?
- noir_lord 5mo agoPart of the reason why we have high electricity costs (here in the UK) is that we peg the price to gas generation, on the face of it people complain about that but the higher price allows investments in renewables to make sense on an RoI PoV, effectively it's a subsidy to build out renewables at a higher rate than would otherwise be the case. Electricity prices are high in the UK but there is a net benefit to it at least some ways, as always the devil is in the details, all the details.
- mono442 5mo agoIsn't that just an excuse to justify the scam? Texas has very low electricity prices and at the same time a growing share of renewables.
- rcxdude 5mo agoTexas famously had massive spikes in electricty prices and a near failure of the grid because of their electricity market structure, so it's not all sunshine and rainbows.
- ZeroGravitas 5mo agoTexas has some different choices in their electricity markets but they use the same pay-as-clear marginal pricing system that the above poster thinks is a secret UK plan to subsidise renewables. In reality it is the standard way to set the market price of commodities.
- noir_lord 5mo agoBeen a while since I looked at a map but I don't remember us invading Texas and annexing them as part of His Majesties territories...
- te_chris 5mo agoHonestly: jog on. You can see the transition happening. Right now.
- blitzar 5mo ago> We have some of the highest electricity prices in the world. Current price −£24.86/MWh (yes you get paid to use it)
- pjc50 5mo agoOctopus fixed tariff day rates are currently 33.15 p/kWh, or £332/MWh, which is a better representative number for what people are actually paying. But timeshift seems to be increasingly important.
- blitzar 5mo ago24.67 pence per kWh, the Energy price cap (fixed till 30 June 2026) is a better representative number for what people are actually paying. If you fixed at 33p, sucks to be you, my electricity has been free to negative all day.
- gib444 5mo ago> my electricity has been free to negative all day Like a gambler who only talks about their wins, people on these smart energy plans on the few days it goes very cheap only seem to pipe up with the current low unit price, and never mention their longer-term moving-average unit price...