notsonice + 1,255 DM January 5 6 minutes ago, Eyes Wide Open said: The Green Parade of hits just keep rolling in.. A virtual juggernaut of failure. Germany Faces the Green Fiscal Truth The constitutional court rules Berlin will have to fund net zero honestly. Things have gone from bad to worse in Germany this week after a court ruling that’s forcing the government to do something truly shocking: level with voters about how much the net-zero energy transition will cost. Please pass the smelling salts. https://www.wsj.com/articles/germany-net-zero-energy-transition-court-ruling-olaf-scholz-christian-lindner-fc59d5b6 Comrade......... ....your article is from November and is old news that was taking care of in December.....Love the fact that Germany is funding Ukraine and the Green transition still....really sucks for you and your other Russia supporters Germany already addressed the budget shortfall AP News Germany's government reaches a deal to resolve its budget crisis and keeps up support for Ukraine BERLIN (AP) — Germany's governing coalition reached a deal Wednesday to resolve a budget crisis triggered by a court ruling last month,... . 3 weeks ago try to keep up with the times....I know this is hard for someone such as yourself to stay relevant Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM January 5 Germany now up to 55 percent renewable powered Grid in 2023 2024 to hit 60 percent???? Luddites take notice as this reduces demand for coal, oil and gas ...... Reuters Renewable energy's share on German power grids reaches 55% in 2023 The share of renewables on Germany's power grids rose by 6.6 percentage points to 55% of the total last year, the sector's regulator said on... . 1 day ago POLITICO.eu Germany's Scholz vows to 'invest heavily' in green transition despite budget crisis Germany's Scholz vows to 'invest heavily' in green transition despite budget crisis. Under intense fire from the conservative opposition, the... . 1 month ago Reuters Germany's 2023 renewable power installations hit record, but wind sector lags Germany's solar and wind power installations hit a record in 2023 but only photovoltaic energy reached the government's targets,... . 2 days ago 2 Quote Share this post Link to post Share on other sites
Rob Plant + 2,756 RP January 5 6 hours ago, Ecocharger said: You seem to be off-topic again, old bean. That article you cite is already out of date. Here is what is really happening, the EV sales are under pressure because the government removed the tax incentives for private EV sales...of course, the climate screwballs are complaining about that. The same problem will emerge for the fleet sales starting in 2025. Electric Vehicles Flatline in UK as Carmakers Ask for Tax Cut "Years of rapid market share growth petered out in 2023 Trade group calls for VAT to be halved for a limited period" https://www.bloomberg.com/news/articles/2024-01-05/electric-car-share-flatlines-in-uk-automakers-ask-for-vat-cut Here is the big picture. https://www.electrive.com/2022/11/18/uk-to-drop-ev-tax-exemption-in-2025/ EVs are going to be taxed out of existence. https://www.bbc.com/news/business-63660321 Electric car drivers must pay tax from 2025 "The Local Government Association also welcomed the move, saying that although electric cars are much less harmful for the environment than petrol and diesel cars, they still contribute to carbon emissions, congestion, and wear and tear on roads. "It's only fair then that drivers contribute towards these additional costs and help support investment in even lower carbon alternatives such as public transport, buses, cycling and walking," said its transport spokesperson, David Renard.However, the AA said the introduction of the tax on electric cars would "slow the road to electrification". "This may delay the environmental benefits and stall the introduction of EVs onto the second-hand car market. Unfortunately the chancellor's EV taxation actions will dim the incentive to switch to electric vehicles," said Edmund King, AA president. Nissan, which makes the Leaf electric vehicle, also said it was concerned about the impact on the market, but said it would continue to work with the government "to tackle the main barriers to the electric vehicle transition, including public charging and measures to continue to support the purchase of EVs". Kia, which sells hybrid and fully electric cars, said introducing the tax on EVs was "at odds with the country's net-zero ambitions". In another change unveiled in the Autumn Statement, the exemption for electric cars from the expensive car supplement has also been removed.It means anyone buying a new car - electric or otherwise - priced at more than £40,000 will face having to pay £165 in tax plus a £355 expensive car supplement every year from the second to sixth year of registration. Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders, said the change to the expensive car supplement was "the sting in the tail" of the announcement, adding it "will unduly penalise these new, more expensive vehicle technologies". UK EV company car drivers already pay tax ECO! Its just a lot less than ICE vehicles Quote Share this post Link to post Share on other sites
Rob Plant + 2,756 RP January 5 (edited) 10 hours ago, Ron Wagner said: Offshore Wind Unable to Compete Without Subsidies in U.K. The CfD is there to support a fledgling industry and promote confidence with investors. Just as the UK massively supported investment in oil & gas back in the early 70's and throughout the 20th century since then. The fact that the max price hadnt been increased in line with inflation since 2012 was a fundamental flaw which has now been addressed. This will now give investors the confidence to invest once again. "The Contracts for Difference (CfD) scheme is the government’s main mechanism for supporting new low-carbon electricity generation projects in Great Britain (GB). It has been hugely successful in facilitating high levels of renewable deployment. Our most recent allocation round delivered nearly 11GW of new renewable projects, almost double the capacity achieved in the previous round. It also struck record low prices for key technologies such as offshore wind, which cleared at £37.35 per MWh (2012 prices)1. Deployment of renewables must continue to ramp up as we look towards our net zero and Carbon Budget 6 (CB6)2 targets, including ambitions of up to 50GW of offshore wind by 2030 and up to 70GW of solar by 2035. The CfD scheme plays a crucial role in protecting consumers from high wholesale electricity prices. Not only does it bring forward new low-cost generation, but the two-way design means these projects pay back when wholesale prices are high, removing the impact of gas setting the power price. It is vital that the CfD maintains this success and continues to facilitate high levels of deployment of low-cost renewable generation, while evolving alongside our changing electricity system to ensure it best meets the needs of a net zero system." Considerations for future rounds of the Contracts for Difference scheme (publishing.service.gov.uk) Edited January 5 by Rob Plant Quote Share this post Link to post Share on other sites
Ecocharger + 1,459 DL January 5 5 hours ago, Rob Plant said: UK EV company car drivers already pay tax ECO! Its just a lot less than ICE vehicles The assessment of the new changes looks like disaster for the EV craze, Rob. Bad news for EVs. "The Local Government Association also welcomed the move, saying that although electric cars are much less harmful for the environment than petrol and diesel cars, they still contribute to carbon emissions, congestion, and wear and tear on roads. "It's only fair then that drivers contribute towards these additional costs and help support investment in even lower carbon alternatives such as public transport, buses, cycling and walking," said its transport spokesperson, David Renard.However, the AA said the introduction of the tax on electric cars would "slow the road to electrification". "This may delay the environmental benefits and stall the introduction of EVs onto the second-hand car market. Unfortunately the chancellor's EV taxation actions will dim the incentive to switch to electric vehicles," said Edmund King, AA president. Nissan, which makes the Leaf electric vehicle, also said it was concerned about the impact on the market, but said it would continue to work with the government "to tackle the main barriers to the electric vehicle transition, including public charging and measures to continue to support the purchase of EVs". Kia, which sells hybrid and fully electric cars, said introducing the tax on EVs was "at odds with the country's net-zero ambitions". In another change unveiled in the Autumn Statement, the exemption for electric cars from the expensive car supplement has also been removed.It means anyone buying a new car - electric or otherwise - priced at more than £40,000 will face having to pay £165 in tax plus a £355 expensive car supplement every year from the second to sixth year of registration. Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders, said the change to the expensive car supplement was "the sting in the tail" of the announcement, adding it "will unduly penalise these new, more expensive vehicle technologies". Quote Share this post Link to post Share on other sites
Ecocharger + 1,459 DL January 5 5 hours ago, Rob Plant said: The CfD is there to support a fledgling industry and promote confidence with investors. Just as the UK massively supported investment in oil & gas back in the early 70's and throughout the 20th century since then. The fact that the max price hadnt been increased in line with inflation since 2012 was a fundamental flaw which has now been addressed. This will now give investors the confidence to invest once again. "The Contracts for Difference (CfD) scheme is the government’s main mechanism for supporting new low-carbon electricity generation projects in Great Britain (GB). It has been hugely successful in facilitating high levels of renewable deployment. Our most recent allocation round delivered nearly 11GW of new renewable projects, almost double the capacity achieved in the previous round. It also struck record low prices for key technologies such as offshore wind, which cleared at £37.35 per MWh (2012 prices)1. Deployment of renewables must continue to ramp up as we look towards our net zero and Carbon Budget 6 (CB6)2 targets, including ambitions of up to 50GW of offshore wind by 2030 and up to 70GW of solar by 2035. The CfD scheme plays a crucial role in protecting consumers from high wholesale electricity prices. Not only does it bring forward new low-cost generation, but the two-way design means these projects pay back when wholesale prices are high, removing the impact of gas setting the power price. It is vital that the CfD maintains this success and continues to facilitate high levels of deployment of low-cost renewable generation, while evolving alongside our changing electricity system to ensure it best meets the needs of a net zero system." Considerations for future rounds of the Contracts for Difference scheme (publishing.service.gov.uk) Rob, that is just a government Public Relations release, they are a party to the discussions. Show us an expert assessment of the situation, not just more propaganda. Quote Share this post Link to post Share on other sites
Rob Plant + 2,756 RP January 5 17 minutes ago, Ecocharger said: Rob, that is just a government Public Relations release, they are a party to the discussions. Show us an expert assessment of the situation, not just more propaganda. Eco that is from the government's official web page! How is that propaganda? Its also NOT a public relations release but actual policy!!! An expert assessment is that it is government policy FACT! Anybody else's view is meaningless, why cant you even begin to see this? 1 Quote Share this post Link to post Share on other sites
TailingsPond + 874 GE January 5 (edited) 4 hours ago, Ecocharger said: Rob, that is just a government Public Relations release, they are a party to the discussions. Show us an expert assessment of the situation, not just more propaganda. This translates as: "Don't show me the facts or laws, show me an expert opinion piece that matches what I want to hear." Edited January 5 by TailingsPond 1 Quote Share this post Link to post Share on other sites
lexington green + 22 LG January 5 https://thehill.com/policy/energy-environment/4391508-electric-vehicle-tax-credit-point-of-sale-9000-auto-dealers-registered-treasury/ Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,554 January 5 (edited) The Green Dream is now collapsing world wide.. Giant offshore wind project axed in blow to Biden's green goals White House said now-canceled project was proof of 'Bidenomics' succeeding The two companies said they had reached an agreement with the New York State Energy Research and Development Authority (NYSERDA) to terminate the offshore wind renewable energy certificate for their Empire Wind 2 project. Equinor and BP explained that commercial conditions, namely inflation, interest rates and supply chain disruptions, prevented its contract for the project from remaining viable. "Commercial viability is fundamental for ambitious projects of this size and scale. The Empire Wind 2 decision provides the opportunity to reset and develop a stronger and more robust project going forward," Molly Morris, president of Equinor Renewables Americas, said in a statement. "We will continue to closely engage our many community partners across the state." https://www.foxnews.com/politics/giant-offshore-wind-project-axed-blow-bidens-green-goals Edited January 5 by Eyes Wide Open 3 Quote Share this post Link to post Share on other sites
specinho + 467 January 7 (edited) On 1/6/2024 at 6:32 AM, Eyes Wide Open said: The Green Dream is now collapsing world wide.. Giant offshore wind project axed in blow to Biden's green goals White House said now-canceled project was proof of 'Bidenomics' succeeding The two companies said they had reached an agreement with the New York State Energy Research and Development Authority (NYSERDA) to terminate the offshore wind renewable energy certificate for their Empire Wind 2 project. Equinor and BP explained that commercial conditions, namely inflation, interest rates and supply chain disruptions, prevented its contract for the project from remaining viable. "Commercial viability is fundamental for ambitious projects of this size and scale. The Empire Wind 2 decision provides the opportunity to reset and develop a stronger and more robust project going forward," Molly Morris, president of Equinor Renewables Americas, said in a statement. "We will continue to closely engage our many community partners across the state." https://www.foxnews.com/politics/giant-offshore-wind-project-axed-blow-bidens-green-goals Owing to active tectonic plates movement these few years, earth quake, volcanic eruption might be too frequent to render unpredictable impact on offshore settings including platforms, wind mill etc. The crack mid 2023 started in Turkey, extended to India Everest. Followed by more than 30 whales stranded at unreachable beach in tasmania ( or australia?). High wave or water predicted by a cult kid to reach east coast of countries in eurasian plate. True enough. Severe flood reported in north east and southern Malaysia. Many fish found stranded by the coast of Japan many weeks later. Volcano erupted in indonesia and unusual volcanic scene in iceland. Unusual High wave reported off the coast of California. Followed by earthquake in Ganshu China and then Japan. Eurasian plate seems to be oscillating. Therefore, offshore settings might be not very steady especially pressure, ground position etc... For those working at offshore platforms, may you be safe. Monitor pressure gauge more frequently than usual to be safe. Edited January 7 by specinho 1 Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM January 7 (edited) 6 hours ago, specinho said: Owing to active tectonic plates movement these few years, earth quake, volcanic eruption might be too frequent to render unpredictable impact on offshore settings including platforms, wind mill etc. The crack mid 2023 started in Turkey, extended to India Everest. Followed by more than 30 whales stranded at unreachable beach in tasmania ( or australia?). High wave or water predicted by a cult kid to reach east coast of countries in eurasian plate. True enough. Severe flood reported in north east and southern Malaysia. Many fish found stranded by the coast of Japan many weeks later. Volcano erupted in indonesia and unusual volcanic scene in iceland. Unusual High wave reported off the coast of California. Followed by earthquake in Ganshu China and then Japan. Eurasian plate seems to be oscillating. Therefore, offshore settings might be not very steady especially pressure, ground position etc... For those working at offshore platforms, may you be safe. Monitor pressure gauge more frequently than usual to be safe. Owing to active tectonic plates movement these few years, earth quake, volcanic eruption might be too frequent to render unpredictable impact on offshore settings including platforms, wind mill etc. ??????? you advocating a complete ban on offshore oil drilling/production?????....... bringing attention to the fragile nature of offshore oil platforms is communist thinking on this site.......You really must be working for Greenpeace...... a windmill failing into the ocean???? who cares....another artificial reef created for the little fisheeees oil platform disaster....well we all know how that worked out in the gulf of Mexico...... Edited January 7 by notsonice Quote Share this post Link to post Share on other sites
Ecocharger + 1,459 DL January 7 (edited) On 1/5/2024 at 10:10 AM, Rob Plant said: Eco that is from the government's official web page! How is that propaganda? Its also NOT a public relations release but actual policy!!! An expert assessment is that it is government policy FACT! Anybody else's view is meaningless, why cant you even begin to see this? They are feeding you their policy intentions, which may or may not actually succeed. They are not expecting to be completely successful themselves, but they try to sound hopeful. That is how governments work, in case you hadn't noticed. The government is an interested party, not an objective observer. The truth is that the government cannot afford to continue the EV subsidies and sales will decline for fleets and rental companies, just as we have already seen for personal EV purchases when the subsidies came off. Edited January 7 by Ecocharger 1 Quote Share this post Link to post Share on other sites
TailingsPond + 874 GE January 7 32 minutes ago, Ecocharger said: The truth is that the government cannot afford to continue the EV subsidies and sales will decline for fleets and rental companies, just as we have already seen for personal EV purchases when the subsidies came off. It's funny you think affordability matters to most governments spending policies. https://www.usdebtclock.org/ Quote Share this post Link to post Share on other sites
footeab@yahoo.com + 2,190 January 7 On 1/5/2024 at 1:16 AM, Rob Plant said: The CfD is there to support a fledgling industry and promote confidence with investors. Just as the UK massively supported investment in oil & gas back in the early 70's and throughout the 20th century since then. The fact that the max price hadnt been increased in line with inflation since 2012 was a fundamental flaw which has now been addressed. This will now give investors the confidence to invest once again. "The Contracts for Difference (CfD) scheme is the government’s main mechanism for supporting new low-carbon electricity generation projects in Great Britain (GB). It has been hugely successful in facilitating high levels of renewable deployment. Our most recent allocation round delivered nearly 11GW of new renewable projects, almost double the capacity achieved in the previous round. It also struck record low prices for key technologies such as offshore wind, which cleared at £37.35 per MWh (2012 prices)1. Deployment of renewables must continue to ramp up as we look towards our net zero and Carbon Budget 6 (CB6)2 targets, including ambitions of up to 50GW of offshore wind by 2030 and up to 70GW of solar by 2035. The CfD scheme plays a crucial role in protecting consumers from high wholesale electricity prices. Not only does it bring forward new low-cost generation, but the two-way design means these projects pay back when wholesale prices are high, removing the impact of gas setting the power price. It is vital that the CfD maintains this success and continues to facilitate high levels of deployment of low-cost renewable generation, while evolving alongside our changing electricity system to ensure it best meets the needs of a net zero system." Considerations for future rounds of the Contracts for Difference scheme (publishing.service.gov.uk) So, you have decided to commit communal suicide. Oh how the mighty have fallen low Quote Share this post Link to post Share on other sites
Ecocharger + 1,459 DL January 8 Oil demand is growing and will hit all-time peaks going forward. Oil is a powerhouse commodity, still the basis of the transportation sector at over 99% of transport reliant on oil products. https://oilprice.com/Energy/Crude-Oil/Standard-Chartered-Oil-Demand-Growth-To-Remain-Robust-In-2024-And-2025.html "Standard Chartered have predicted that oil demand growth in the current year will clock in at a robust 1.54 mb/d and 1.41 mb/d in 2025. StanChart has forecast that global oil demand growth in 2024-2025 will remain above the longer-term average. The analysts have predicted that global monthly demand will move above 104 mb/d for the first time ever in August 2024 before eclipsing 105 mb/d in August 2025." 1 Quote Share this post Link to post Share on other sites
TailingsPond + 874 GE January 8 3 hours ago, Ecocharger said: Oil demand is growing and will hit all-time peaks going forward. Oil is a powerhouse commodity, still the basis of the transportation sector at over 99% of transport reliant on oil products. https://oilprice.com/Energy/Crude-Oil/Standard-Chartered-Oil-Demand-Growth-To-Remain-Robust-In-2024-And-2025.html "Standard Chartered have predicted that oil demand growth in the current year will clock in at a robust 1.54 mb/d and 1.41 mb/d in 2025. StanChart has forecast that global oil demand growth in 2024-2025 will remain above the longer-term average. The analysts have predicted that global monthly demand will move above 104 mb/d for the first time ever in August 2024 before eclipsing 105 mb/d in August 2025." First lines in the article says massive increases in stockpiles and anemic demand. The rest of the article is hope that "any day now" oil will regain power. "Crude oil futures fell back on Thursday’s session after making big gains in the previous session, with the latest weekly data showing a "massive" increase in U.S. domestic distillate and gasoline stockpiles, suggesting anemic demand for oil products likely due to well above normal temperature cycle this winter." Quote Share this post Link to post Share on other sites
specinho + 467 January 8 (edited) On 1/7/2024 at 2:46 PM, notsonice said: Owing to active tectonic plates movement these few years, earth quake, volcanic eruption might be too frequent to render unpredictable impact on offshore settings including platforms, wind mill etc. ??????? you advocating a complete ban on offshore oil drilling/production?????....... bringing attention to the fragile nature of offshore oil platforms is communist thinking on this site.......You really must be working for Greenpeace...... a windmill failing into the ocean???? who cares....another artificial reef created for the little fisheeees oil platform disaster....well we all know how that worked out in the gulf of Mexico...... Quoting you: "you advocating a complete ban on offshore oil drilling/production?????....... bringing attention to the fragile nature of offshore oil platforms is communist thinking on this site.......You really must be working for Greenpeace......" You and tailingponds are really alike in nature. Shameless in projecting false impression to slander... I have no doubt in real life, you would have done more despicable things than this.... Heard from someone who ever behave like you, honour is of no value to men or people like you. Money is all that is counted. Is it not? Quote my last paragraph: ".......... For those working at offshore platforms, may you be safe. Monitor pressure gauge more frequently than usual to be safe." This is a note of concern for safety of those working offshore. "Deep Water Horizon" has been one movie depicting their lives when disaster hit. Dedicated in dangerous condition, yet little note of appreciation to people like them. Edited January 11 by specinho Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM January 8 (edited) 5 minutes ago, specinho said: Quoting you: "you advocating a complete ban on offshore oil drilling/production?????....... bringing attention to the fragile nature of offshore oil platforms is communist thinking on this site.......You really must be working for Greenpeace......" You and tailingponds are really alike in nature. Shameless in projecting false impression to slander... I have no doubt in real life, you would have done more despicable things than this.... Heard from someone who ever behave like you, honour is of no value to men or people like you. Money is all that is counted. Is it not? Quote my last paragraph: ".......... For those working at offshore platforms, may you be safe. Monitor pressure gauge more frequently than usual to be safe." This is a note of concern for safety of those working offshore. "Deep horizon" has been one movie depicting their lives when disaster hit. Dedicated in dangerous condition, yet little note of appreciation to people like them. you are the one pointing out that structures in the ocean are very fragile....... I ask you again are you advocating a complete ban on offshore oil drilling/production?????....... bringing attention to the fragile nature of offshore oil platforms is communist thinking on this site.......You really must be working for Greenpeace...... PS you sure do love to babble BS............ Edited January 8 by notsonice Quote Share this post Link to post Share on other sites
Rob Plant + 2,756 RP January 8 2 hours ago, specinho said: ".......... For those working at offshore platforms, may you be safe. Monitor pressure gauge more frequently than usual to be safe." Just how are monitoring pressure gauges more frequently going to help in an earthquake? Answer :- they wont and you will have a massive oil spill Notsonice is right, an offshore manmade structure is just that regardless of whether its a wind turbine or an oil rig, if an earthquake hits then there will be far more ecological disaster from an oil spill than a wind turbine falling into the sea. 2 1 Quote Share this post Link to post Share on other sites
TailingsPond + 874 GE January 8 (edited) 6 hours ago, Rob Plant said: Just how are monitoring pressure gauges more frequently going to help in an earthquake? Answer :- they wont and you will have a massive oil spill Notsonice is right, an offshore manmade structure is just that regardless of whether its a wind turbine or an oil rig, if an earthquake hits then there will be far more ecological disaster from an oil spill than a wind turbine falling into the sea. Next they will say "but wind turbines kill birds." Edited January 8 by TailingsPond Quote Share this post Link to post Share on other sites
TailingsPond + 874 GE January 8 Pretty funny how a detergent company uses the fact it's soap is used to clean up polluted birds in it's advertisements. https://www.youtube.com/watch?v=TTOG1tMMi0w "rescue workers have opened up a lot of Dawn..." 1 Quote Share this post Link to post Share on other sites
Rob Plant + 2,756 RP January 9 2023 confirmed as world's hottest year on record 2023 confirmed as world's hottest year on record - BBC News 1 Quote Share this post Link to post Share on other sites
Ron Wagner + 706 January 10 (edited) On 1/5/2024 at 3:16 AM, Rob Plant said: The CfD is there to support a fledgling industry and promote confidence with investors. Just as the UK massively supported investment in oil & gas back in the early 70's and throughout the 20th century since then. The fact that the max price hadnt been increased in line with inflation since 2012 was a fundamental flaw which has now been addressed. This will now give investors the confidence to invest once again. "The Contracts for Difference (CfD) scheme is the government’s main mechanism for supporting new low-carbon electricity generation projects in Great Britain (GB). It has been hugely successful in facilitating high levels of renewable deployment. Our most recent allocation round delivered nearly 11GW of new renewable projects, almost double the capacity achieved in the previous round. It also struck record low prices for key technologies such as offshore wind, which cleared at £37.35 per MWh (2012 prices)1. Deployment of renewables must continue to ramp up as we look towards our net zero and Carbon Budget 6 (CB6)2 targets, including ambitions of up to 50GW of offshore wind by 2030 and up to 70GW of solar by 2035. The CfD scheme plays a crucial role in protecting consumers from high wholesale electricity prices. Not only does it bring forward new low-cost generation, but the two-way design means these projects pay back when wholesale prices are high, removing the impact of gas setting the power price. It is vital that the CfD maintains this success and continues to facilitate high levels of deployment of low-cost renewable generation, while evolving alongside our changing electricity system to ensure it best meets the needs of a net zero system." Considerations for future rounds of the Contracts for Difference scheme (publishing.service.gov.uk) https://www.electricrate.com/data-center/electricity-prices-by-country/ Please compare to other areas of the world. Starting with average electric rates, the U.S. households pay on average 14 cents per kilowatt-hour of electricity. That might seem like a lot and of course, you might find a lot cheaper rate when you switch electric suppliers, but try to tell a fellow German or a Japanese what you pay for electricity and they might offer you a hearty congratulations – the electricity in those countries costs more than double! On the other hand, families in Canada, Mexico, or Egypt would find our electricity expensive. Cuban households would find it mad – the average electric rate there is only 1 cent. Edited January 10 by Ron Wagner Quote Share this post Link to post Share on other sites
Ron Wagner + 706 January 10 On 1/5/2024 at 1:25 AM, notsonice said: cheaper than buying foreign energy.....IE LNG is not cheap Produce your own energy and the money stays withing your own country employing your own citizens and at the same time insuring national security. Unless you think buying Russian gas is a good policy at the same time Russia uses the income to battle one of your own interests in Europe IE Ukraine..... not a waste of taxpayer money unless you support Russia....Comrade Fossil fuels fall to just 35 per cent of UK energy supply Yahoo Finance UK https://uk.finance.yahoo.com › news › green-britain-f... 3 days ago — Britain's energy mix is at its greenest ever according to the latest figures from Drax, one of the country's largest electricity generators Britain’s energy mix is at its greenest ever according to the latest figures from Drax, one of the country’s largest electricity generators. The energy company said the UK had its greenest year on record in 2023, according to the Times, with renewable and cleaner energy imported from Europe pushing fossil fuels out of the energy mix. Drax said fossil fuels accounted for 35 per cent of the UK’s energy mix in 2023, down from 43 per cent in 2022. Imports accounted for almost 10 per cent, with nuclear power especially from France filling in. Last week it was reported that the use of fossil fuels for electricity generation in the UK has slumped over the past few months, according to sources tracking National Grid data. A substantial uptick in renewable energy generation has helped the country wean itself off fossil fuels. Read more The numbers don’t lie: The UK’s renewable energy transition is going better than you think Green Britain: Fossil fuels fall to just 35 per cent of UK energy supply© Provided by City AM Track all markets on TradingView “Because the French nuclear fleet has got back on its feet and is working properly, we’re importing that clean energy instead of burning a lot of gas in the UK”, Drax Electric Insights report author Iain Staffell told the Times. The rise in renewables generation comes as Britain shuts down legacy coal power plants, and sees continued investment in non-fossil fuel energy sources, including nuclear, wind and solar. In mid-December, Ørsted gave the green light to the giant 2.9GW Hornsea three offshore wind farm, which when completed is expected to be the largest in the world. If the price is double what it should be all consumers suffer depending on their income. Quote Share this post Link to post Share on other sites
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