Notifications
Clear all

Electricity price predictions

770 Posts
39 Users
517 Reactions
111.1 K Views
Transparent
(@transparent)
Illustrious Member Moderator
12942 kWhs
Veteran Expert
Joined: 3 years ago
Posts: 2276
 

Posted by: @derek-m

I do believe that at the moment 5 GW capacity undersea cables are being installed down the east coast, though I'm not certain of the cost. There have been reports that a shoal of Cod raised complaints

I think that's a misquote.

The problem is that undersea cables are at risk of being damaged. The east-coast route will lie on top of a number of existing cables between offshore wind-turbines and the shore. That makes it very expensive to repair damages. Essentially the marine cables are uninsurable.

Or, as the engineers' report stated, any claim would be dismissed as "an Act of Cod".

Save energy... recycle electrons!


   
👍
1
ReplyQuote
bontwoody
(@bontwoody)
Noble Member Contributor
5011 kWhs
Joined: 3 years ago
Posts: 740
 

@transparent

Posted by: @transparent

I'd be interested to know if those pylons (aka Transmission Towers) are made from Port Talbot steel.

That did occur to me too 🙂

Did you train spot much as a lad Transparent? 🤓 🤣 

(Full disclosure: I did)

House-2 bed partial stone bungalow, 5kW Samsung Gen 6 ASHP (Self install)
6.9 kWp of PV
5kWh DC coupled battery
Blog: https://thegreeningofrosecottage.weebly.com/
Heatpump Stats: http://heatpumpmonitor.org/system/view?id=60


   
ReplyQuote
Transparent
(@transparent)
Illustrious Member Moderator
12942 kWhs
Veteran Expert
Joined: 3 years ago
Posts: 2276
 

No, not a train spotter, @bontwoody
... but I did commute to school by train pulled by a steam loco. 🤓 

Can I please provide a link to a particularly good map of the British Electricity Supply Network by the Global Energy Network Institute.
It's at a nice high resolution.

Open the page, then click on the fuzzy map at the top.
It will open up into an in-focus version.

The best set of High-res maps from National Grid themselves are in a group of Power Flow diagrams to illustrate Future Energy Scenarios.

This post was modified 7 months ago 2 times by Transparent

Save energy... recycle electrons!


   
👍
3
ReplyQuote
bontwoody
(@bontwoody)
Noble Member Contributor
5011 kWhs
Joined: 3 years ago
Posts: 740
 

@transparent Would that be a 4-6-0 or 4-6-2? 😆 

I'll see if i can get a nice high res print of the map. 🤣 

House-2 bed partial stone bungalow, 5kW Samsung Gen 6 ASHP (Self install)
6.9 kWp of PV
5kWh DC coupled battery
Blog: https://thegreeningofrosecottage.weebly.com/
Heatpump Stats: http://heatpumpmonitor.org/system/view?id=60


   
ReplyQuote
Transparent
(@transparent)
Illustrious Member Moderator
12942 kWhs
Veteran Expert
Joined: 3 years ago
Posts: 2276
 

It was 4-6-2 @bontwoody
4-6-0 was used for Hogwarts.

Save energy... recycle electrons!


   
ReplyQuote
bontwoody
(@bontwoody)
Noble Member Contributor
5011 kWhs
Joined: 3 years ago
Posts: 740
 

@transparent And you said you weren't a trainspotter 🙂

House-2 bed partial stone bungalow, 5kW Samsung Gen 6 ASHP (Self install)
6.9 kWp of PV
5kWh DC coupled battery
Blog: https://thegreeningofrosecottage.weebly.com/
Heatpump Stats: http://heatpumpmonitor.org/system/view?id=60


   
ReplyQuote



Toodles
(@toodles)
Famed Member Contributor
11253 kWhs
Veteran
Joined: 2 years ago
Posts: 1818
 

@transparent I’m not a trainspotter either but used to travel from Yeovil Junction to Exeter Central behind the Sir Winston Churchill to attend my boarding school. Toodles.

Toodles, he heats his home with cold draughts and cooks his food with magnets.


   
ReplyQuote
Transparent
(@transparent)
Illustrious Member Moderator
12942 kWhs
Veteran Expert
Joined: 3 years ago
Posts: 2276
 

Posted by: @bontwoody

And you said you weren't a trainspotter 🙂

I'm not.
But Hogwarts was one of our main rivals.
We used to pass them en-route to Kings Cross.

You could easily identify them from their chant:
"Come on Hogwarts: Four-Six-Oh
Training is the way to go".

I wasn't particularly good at sports like Quidditch, but I did meet Hogwarts Teams at academic challenge days.
We usually trounced them at Science and Maths, but then lost to them at English.
Our grammar and comprehension was OK, but they were better spellers.

Save energy... recycle electrons!


   
👍
1
ReplyQuote
Majordennisbloodnok
(@majordennisbloodnok)
Noble Member Moderator
7253 kWhs
Joined: 3 years ago
Posts: 743
 

Posted by: @transparent

Our grammar and comprehension was OK, but they were better spellers.

Ouch.

 

Taxi !!!

105 m2 bungalow in South East England
Mitsubishi Ecodan 8.5 kW air source heat pump
18 x 360W solar panels
1 x 6 kW GroWatt battery and SPH5000 inverter
1 x Myenergi Zappi
1 x VW ID3
Raised beds for home-grown veg and chickens for eggs

"Semper in excretia; suus solum profundum variat"


   
ReplyQuote
(@kilowatts_io)
New Member Contributor
111 kWhs
Joined: 2 weeks ago
Posts: 3
 

You’re going to get bored with posts about the announcement of a price cap rise on 25th February. Here are the important mistruths you should avoid, and why it's not important:

An increase of £85 in annual bills, currently about £1,700 is about 4.5%. CPI inflation is about 3%. Energy is always one of the most volatile components of inflation. Compared to the dramatic swings of recent years, this is nothing drastic. Headlines about spiralling bills are misleading especially links to longer term shifts toward decarbonisation. Furthermore, we’re going into the spring and summer months when household energy usage is drastically lower in any case.

It’s also misleading for the mainstream media to always talk in terms of annual bills, when the price cap actually changes every quarter and household energy demand is so seasonal, especially for gas. By annualising the figures they use, the media get to exaggerate the magnitude of changes and extrapolate them. The announcement this week has no bearing whatsoever on bills after 1st July. The demand for gas for households in a month like June is a bit like the price of sun-screen in January; it’s probably at best 1 or 2% of a typical annual energy bill as there is very little demand for central heating in summer and hot water and cooking are a very small fraction of total energy usage.

We’re living in really strange times and the gas market is no exception. Given Europe is reliant on gas ultimately from Russia or the US, that’s no surprise. However, the simple truth is the wholesale gas price is not moving much at all over the next 12 months or so and if anything is heading slightly downward. In fact, there is no discernible increase at all in prices moving from the warmer summer months into next winter. This is not the typical pattern, gas is normally cheaper in summer. For UK consumers, this bodes well.

However, the price-cap is a crude regulation that is increasingly irrelevant as households switch onto competitive tariffs. In its current form and with the current state of markets, its main outcome will be to punish households for not being active switchers in the energy market. However, were geopolitics and tensions to deteriorate, it could quickly become relevant again.

PS - the propping up of summer gas prices is in large part explained by EU rules mandating the replenishment of storage facilities. Following the German election, there may be some changes.

 I don't think tomorrow's announcement is anything to get too excited or worried about.

This post was modified 2 weeks ago by Mars

   
ReplyQuote
Abernyte
(@abernyte)
Honorable Member Member
4154 kWhs
Joined: 2 years ago
Posts: 213
 

Posted by: @kilowatts_io

Given Europe is reliant on gas ultimately from Russia or the US

In 2023 European gas imports were Russia - 15% and USA - 19% (mostly in LNG). I find it slightly misleading to frame the supply as you have. I am not suggesting that they are not important players just that they are not the ultimate sources.

https://www.consilium.europa.eu/en/infographics/where-does-the-eu-s-gas-come-from/


   
ReplyQuote
(@kilowatts_io)
New Member Contributor
111 kWhs
Joined: 2 weeks ago
Posts: 3
 

@abernyte they're the marginal suppliers that drive the market - Norway is basically baseload

 

https://www.linkedin.com/posts/kilowatts_youre-going-to-get-bored-with-posts-about-activity-7299676938065899520-vwVb - video here


   
ReplyQuote



Page 63 / 65
Share:

Join Us!

Heat Pump Dramas?

Thinking about installing a heat pump but unsure where to start? Already have one but it’s not performing as expected? Or are you locked in a frustrating dispute with an installer or manufacturer? We’re here to help.

Pre-Installation Planning
Post-Installation Troubleshooting
Performance Optimisation
✅ Complaint Support (Manufacturer & Installer)

👉 Book a one-to-one consultation now.

Latest Posts

x  Powerful Protection for WordPress, from Shield Security
This Site Is Protected By
Shield Security