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RE: Electricity price predictions
By Old_Scientist, 2 weeks ago |
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As an investor in multiple listed renewable companies on the FTSE, I can assure you I'm not making a lot of money doing nothing. In fact, 6 of the 7 listed renewable funds I have invested in have lost... | ||
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RE: Electricity price predictions
By JamesPa, 2 weeks ago |
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True, but of course they had to be convinced to invest in the first place because the bill payer didn't pay for the infrastructure. In an uncertain political climate I can understand why a long term i... | ||
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RE: Electricity price predictions
By Scalextrix, 2 weeks ago |
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@technogeek I'm not sure that matters too much, what matters is that the generation is close to the consumption, meaning you arent having to push it hundreds of miles over the high voltage network. | ||
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RE: Electricity price predictions
By TechnoGeek, 2 weeks ago |
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@jamespa Currently it is due to over production of crude oil and some producing nations not towing the line with regards to production agreements within OPEC+ etc. Too much oil on the market kills t... | ||
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RE: Electricity price predictions
By TechnoGeek, 2 weeks ago |
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@scalextrix Well let us see after they have built all the power hungry data centres they have planned for the south of England! With the fail-over redundancy required for each data centre cluster, ... | ||
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RE: Electricity price predictions
By JamesPa, 2 weeks ago |
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It's also worth remarking that energy prices are both volatile and political. It's not so long ago that people with oil heating were the poor relations because the fuel was so expensive relative to a... | ||
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RE: Electricity price predictions
By TechnoGeek, 2 weeks ago |
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@jamespa The climate science or the fact there is a lot of renewable energy generating companies making a lot of money to practically do nothing at the expense of the bill payer? I refer to the latte... | ||
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RE: Electricity price predictions
By Scalextrix, 2 weeks ago |
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That is a symptom of effectively banning onshore wind in England under the prior government, meaning overcapacity in Scotland where there isn't enough North / South grid capacity to ship the electrons... | ||
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RE: Electricity price predictions
By JulianC, 2 weeks ago |
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@diverted-energy glad to see you have worked out how to get the best energy deal. We can’t go back in time. We do need some nuclear for base load. I’m not sure about too much nuclear - where do we sto... | ||
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RE: Electricity price predictions
By bontwoody, 2 weeks ago |
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@jamespa You beat me to it James! | ||
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RE: Electricity price predictions
By JamesPa, 2 weeks ago |
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Sorry that statement ignores the science. The politicians need to manipulate the short term incentives for sure (the medium/long term incentives are undeniable) but there is absolutely no scientific d... | ||
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RE: Electricity price predictions
By TechnoGeek, 2 weeks ago |
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@editor I feel your pain Brother! I have a similar issue for this Winter regarding choosing the fuel to use for space heating and sadly the oil won out by nearly 50% cheaper. The heat pump has been de... |
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