As an island nation wind power is a total no-brainer, but it’s a net benefit for us all rather than just lobbyists/shareholders so sadly no way it will happen in the way we need it to.
RoyaleWCheese_OK on
„Unlike previous analyses, which have only considered short-term MOE, this approach considers the potential cost of constructing new gas capacity“
So its theoretical bollocks then? No-ones building new gas capacity… they have to charge up the arse just to keep the current ones viable because they’re not allowed to run unless renewables cant keep up.
Then there’s:
„When offset by the £43.2bn in green subsidies consumers paid through their bills, the net result was a reduction of £104.3bn in UK energy bills over the 13-year period.“
So they’re counting 43.2 billion quid the taxpayer had to cough up as „benefit“?? People had to pay that out of their pocket.
Someone’s stretching to push an agenda. All for wind but lets not make shit up.
Gentle_Snail on
>The study, published in UCL Open Environment, found that between 2010 to 2023 wind-generated energy lowered electricity bills by £14.2bn and cut the cost of natural gas by £133.3bn . When offset by the £43.2bn in green subsidies consumers paid through their bills, the net result was a reduction of £104.3bn in UK energy bills over the 13-year period.
Its kind of wild we still have people hating on renewables.
No_Minimum5904 on
>The study also calls into question the fairness of the current funding model. Currently, electricity users pay 100% of green subsidies used to aid the green transition but receive only 18% of the financial benefit. Meanwhile, natural gas users, who pay nothing toward wind investment, have enjoyed 82% of the benefit since 2010.
Quite an important point!
Critical-Usual on
Stop doing it because someone who’s statistically likely to die in the next ten years doesn’t want to see a wind farm on the horizon when looking out their backyard
Von_Uber on
We have the worlds largest offshore windfarms, and are currently building even bigger ones.
It’s such a no brainer to do, anyone opposed either needs to give their head a shake or are taking money from the obvious sources.
SidneySmut on
I must have misread the study because I thought they said our energy bills had gone down.
PartTimeMancunian on
So explain to me how my energy bills are basically the same?
user97532567 on
You need gas backup for all of the wind power so it’s a fairly easy comparison. What does 1MWh of gas cost vs the price paid for 1MWh of wind.So that’s £2.40 for gas or £113 for wind and that ladies and gentlemen is why we have the highest cost electricity in the world or did you guys think that just happens by accident?
skyfish_ on
Skimmed trough the paper for 10 minutes but couldn’t figure out in what terms they are framing these cost savings. From my empirical point of view the energy prices havent dropped at all, so if I have to guess those savings are not being seen by the end consumer. So whatever billions are being saved are probably on the generation side, or on the wholesale market for suppliers.
Actually never mind, this is buried underneath table 9
>While wind generation delivers huge savings to UK consumers , the benefits are not
uniformly distributed. As shown in Table 10, consumers of electricity pay 100% of
subsidies, but receive only 18% of the net financial benefit. Meanwhile, natural gas
users,
who
pay
nothing
toward
wind
investment,
have
enjoyed
82%
of
the
benefit
since
2010
And this under table 10
>The results are striking, wind investment delivers enormous positive externalities. The
biggest winners are not the investors, wind generation firms or even electricity
consumers
who
foot
the
bill
for
subsidies
–
it
is
natural
gas
consumers,
who
benefit
from
reduced household and industrial energy bills.
So in other words the system is corrupt and the end consumer doesnt see fuck all in terms of cost savings. And the article headline is complete pish, as per usual when it comes to this whole ‚renewables good‘ articles. Womp womp.
Colour me surprised.
shaded-user on
This being announced the same day they write off £500m in energy debt for consumers!
Splathorns on
My energy bill is still astronomical who gives a fuck I want cheaper bills burn coal
TheCharalampos on
Imagine how much it would be if we didn’t have so many powerful groups blocking anything renewable they can.
m_s_m_2 on
Looks like the lobbyists have found their new „9 times cheaper than gas“ bullshit line.
The author and co-author of this study:
1) Have little academic expertise on this subject
2) Run a multi-billion pound Hedge Fund called COMAC Capital – a „sustainable investment fund“ heavily tied to renewables
The unthinking, slavish subservience this sub has to seriously monied interests is risible.
Disillusioned_Pleb01 on
That explains why my bills are higher, this this the equivalent of trumps tartifs??
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As an island nation wind power is a total no-brainer, but it’s a net benefit for us all rather than just lobbyists/shareholders so sadly no way it will happen in the way we need it to.
„Unlike previous analyses, which have only considered short-term MOE, this approach considers the potential cost of constructing new gas capacity“
So its theoretical bollocks then? No-ones building new gas capacity… they have to charge up the arse just to keep the current ones viable because they’re not allowed to run unless renewables cant keep up.
Then there’s:
„When offset by the £43.2bn in green subsidies consumers paid through their bills, the net result was a reduction of £104.3bn in UK energy bills over the 13-year period.“
So they’re counting 43.2 billion quid the taxpayer had to cough up as „benefit“?? People had to pay that out of their pocket.
Someone’s stretching to push an agenda. All for wind but lets not make shit up.
>The study, published in UCL Open Environment, found that between 2010 to 2023 wind-generated energy lowered electricity bills by £14.2bn and cut the cost of natural gas by £133.3bn . When offset by the £43.2bn in green subsidies consumers paid through their bills, the net result was a reduction of £104.3bn in UK energy bills over the 13-year period.
Its kind of wild we still have people hating on renewables.
>The study also calls into question the fairness of the current funding model. Currently, electricity users pay 100% of green subsidies used to aid the green transition but receive only 18% of the financial benefit. Meanwhile, natural gas users, who pay nothing toward wind investment, have enjoyed 82% of the benefit since 2010.
Quite an important point!
Stop doing it because someone who’s statistically likely to die in the next ten years doesn’t want to see a wind farm on the horizon when looking out their backyard
We have the worlds largest offshore windfarms, and are currently building even bigger ones.
It’s such a no brainer to do, anyone opposed either needs to give their head a shake or are taking money from the obvious sources.
I must have misread the study because I thought they said our energy bills had gone down.
So explain to me how my energy bills are basically the same?
You need gas backup for all of the wind power so it’s a fairly easy comparison. What does 1MWh of gas cost vs the price paid for 1MWh of wind.So that’s £2.40 for gas or £113 for wind and that ladies and gentlemen is why we have the highest cost electricity in the world or did you guys think that just happens by accident?
Skimmed trough the paper for 10 minutes but couldn’t figure out in what terms they are framing these cost savings. From my empirical point of view the energy prices havent dropped at all, so if I have to guess those savings are not being seen by the end consumer. So whatever billions are being saved are probably on the generation side, or on the wholesale market for suppliers.
Actually never mind, this is buried underneath table 9
>While wind generation delivers huge savings to UK consumers , the benefits are not
uniformly distributed. As shown in Table 10, consumers of electricity pay 100% of
subsidies, but receive only 18% of the net financial benefit. Meanwhile, natural gas
users,
who
pay
nothing
toward
wind
investment,
have
enjoyed
82%
of
the
benefit
since
2010
And this under table 10
>The results are striking, wind investment delivers enormous positive externalities. The
biggest winners are not the investors, wind generation firms or even electricity
consumers
who
foot
the
bill
for
subsidies
–
it
is
natural
gas
consumers,
who
benefit
from
reduced household and industrial energy bills.
So in other words the system is corrupt and the end consumer doesnt see fuck all in terms of cost savings. And the article headline is complete pish, as per usual when it comes to this whole ‚renewables good‘ articles. Womp womp.
Colour me surprised.
This being announced the same day they write off £500m in energy debt for consumers!
My energy bill is still astronomical who gives a fuck I want cheaper bills burn coal
Imagine how much it would be if we didn’t have so many powerful groups blocking anything renewable they can.
Looks like the lobbyists have found their new „9 times cheaper than gas“ bullshit line.
The author and co-author of this study:
1) Have little academic expertise on this subject
2) Run a multi-billion pound Hedge Fund called COMAC Capital – a „sustainable investment fund“ heavily tied to renewables
The unthinking, slavish subservience this sub has to seriously monied interests is risible.
That explains why my bills are higher, this this the equivalent of trumps tartifs??