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    27 Kommentare

    1. Isn’t it infrastructure costs for transitioning to unlimited clean tidal wind and solar power

    2. Some „interesting“ quotes in the article for anyone bothered to read it:

      >“We’ve underinvested in the system for many years, and whether it’s the cost of building a new gas-fired power station or a new wind farm, the costs have gone up,” he told the International Energy Week event hosted by the Energy Institute.

      >Chris O’Shea told a conference in London on Tuesday that Britain’s electricity system had suffered years of under-investment and was trying to catch up at a time when the cost of new equipment had soared.

      >“One-third of the cost of that electricity will be wholesale costs and the other two-thirds will be system costs.”

      >We have . . . an older system and the rate of investment has probably not kept pace with where it should be,” added O’Shea. “Which is why we’ve got these huge packages from companies to upgrade the system, and that’s pushing up costs.”

      Isn’t privatisation grand? Privatise the profit, socialise the costs. Our bills go up to pay for the infrastructure they avoided upgrading for as long as possible.

      I’m sure some numbskulls will be here soon to blame it on Wind because of *Landman* now.

    3. Additional_Boot7983 on

      Food prices will continue to rise …. and the government will still „wonder“ why we aren’t having children 

      Edit: since people appear to be misunderstanding my point…I am saying life is becoming too expensive and having a child on top of that is only going to be even more expensive.

    4. Emotional-Ebb8321 on

      Unless some time travel shenanigans are involved, I’m pretty sure that 2030 will also be after the Ukraine invasion. Whoever wrote that headline has shit for brains.

    5. Gotta keep those increased profits arising from the war in Ukraine flowing I guess.

      Cant regress back to the pre-war levels of profit (back to hundreds of millions from now billions).

      Utter cunts. I despise this behaviour. If you want more profit, work harder for it – that’s what us plebs are repeatedly told.

      Privatisation of essential public services has gimped this country in perpetuity.

      This sort of behaviour makes it increasingly appealing for us to appropriate them and bring them back into public ownership without recompense.

    6. I mean thats true now…?

      Mine has done nothing but go up since the invasion.

    7. Prior_Worldliness287 on

      Should have continued with coal power. Should have invested in nuclear 20 years ago and not followed Lib Dem talking points.

      The green agenda has made Britain less capable of a green revolution. Claps all round.

    8. This is a policy choice the political leaders, both Labour and Tories have made.
      We’ve tax levied fossil fuel electricity generation to subsidise renewables only to figure out that renewables are of equal if not larger cost. And that’s before you take into account that renewables are not reliable and you still need a very flexible base generation.

      The really dumb part? Because of the AI boom, even if we wanted too, we can’t build a new gas power plant, as the turbine manufacturers are backlogged for the next 10 years.

      Overall – it’s the perfect situation showcasing of how messed up the decisions of politicians, civil service and the de-growth lobby groups have been over the last 20 years.

    9. Brother-Executor on

      So another story of – we didn’t invest 20 years ago and now the chickens have come to roost…to discover there’s no electricity or any water..

    10. RaidersGunz on

      More amazing news living in UK.

      When we I get good news. Just once.

      „Dear Mr X.. you council tax has been reduced from 2.2k per year to 1.6k. God bless you“

      One time, im hoping Id see it in my life.

    11. TopMasterpiece7817 on

      National Grid is currently sprinting to upgrade much of the powerlines across the UK. It has underinvested for years and is now sprinting to catch-up on top of capturing all of the new energy sources coming online (wind/solar etc) that it is contractually obligated to facilitate. The Great Grid Upgrade is just flowery language for them having done far too little for close to a decade.

    12. vividpup5535 on

      Literally the first few comments are about immigration. It’s truly sad what far right fear mongering has done to normal people.

    13. Prudent_Pack2738 on

      This isn’t news

      Look at the 20 yr projection of energy prices

      The start to go down around 2033 and drop significantly after that

    14. RecentTwo544 on

      Is this the same Centrica who’s CEO is quietly donating significant amounts of money to Reform…

    15. bigsmelly_twingo on

      we need more of those things where we pile the magic rocks together and they get hot.

    16. qwogadiletweeth on

      I wonder if the demand for data centres is causing this need for more investment.

      Article extract:

      The majority are due to be built in the next five years. However, there are concerns about the huge amount of energy and water the new data centres will consume.

      ‘Some experts have warned it could drive up prices paid by consumers.’

      https://www.bbc.co.uk/news/articles/clyr9nx0jrzo.amp

    17. Well, it needs to fucking not.

      It’s got to stop. Period.

      Fucking fix it so we can live.

    18. Southern_Mongoose681 on

      This seems to be more reason to allow people to maintain their own systems. Yes, I know we are already allowed to have the systems that cost about £10K, but in Europe they are using plug and play systems that cost less than £1K.

    19. Alternative_Sir_8664 on

      Maybe if they had invested more of the record breaking profit in maintaining the business instead of braging about it when handing it over to shareholders.

    20. ImportantMacaroon299 on

      If government continue to follow path of net zero electricity has got to keep going up. They have just sold of round of wind and solar with guaranteed price to be paid for next 20 yrs which was higher than last and everyone in industry expected higher prices and for them to continue rising for those sold for at least next 5 years. Other countries sell us electric at highest price to subsidise there own electricity with current system which until we get gas and or nuclear for whenever not enough from renewables price we pay can only get dearer . Politicians just lie about this or like labour move some of costs to general taxation which means this also has to go up

    21. open-perception4 on

      Uk electricity costing more, you could have finished there, don’t try to make excuses for just fucking us over again and again. Does it mean share holders will take a hit? No didn’t think so.

    22. Just fyi Chris O’Shea is paid about £5 million pounds a year and oversaw a system wherein agents acting on behalf of British Gas broke into people’s houses in order to fit pre-paid meters.

      The „underinvestment“ issue might have something to do with the „over compensation“ of executives and shareholders, non?

    23. billy2bands on

      How would we know if they have under invested and this was the reason bills had to rise?
      Basically, who trusts anything these utility companies say any more?
      Seems like the words under investment has become an excuse to put up prices.

      There is an increase in demand for electricity and I imagine that’s the real reason.

    24. ImperialNavyPilot on

      There’s also a lot of fun going on in Europe right now. Bailing out Germany’s foreign policy mistake of relying on Russia has shoved prices through the roof for many EU countries.

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