Drax - the environmental catastrophe providing 5% of the UK's power
If ever you need an example of what has gone fundamentally wrong with the UK power industry then look no further than Drax.
When privatised companies are handed huge subsidies and operate commercially, the incentive of maximising profits creates fundamental conflicts of interest and drives poor and unethical decision making.
Drax has received £6bn in UK tax payer funded subsidies to operate, and yet returns staggering profits The company posted an annual adjusted core profit of £398m in 2021, £731m for 2022, up 83% from 2021. For 2023 it expects to adjusted earnings before interest, tax, depreciation and amortisation of £1.16 billion, up 59% from 2022.
And what is it burning to fund those profits, all while spewing 12 millions of tonnes of CO2 into the atmosphere each year with no carbon capture and storage? Imported bio mass pellets (transported via heavy fuel oil burning bulk carriers) partly from historic forestry land it had pledged it would not source raw material from: https://www.bbc.co.uk/news/science-environment-68381160
I wrestle with conscience sometimes lighting the log burner to burn some locally harvested seasoned timber or waste wood. I'm not felling ancient woodland to fuel it. Drax is burning 17,500 tonnes of dehydrated biomass pellets a day.
Isn’t it time we developed a means of burning those invertebrates called ‘Hypocritters’ there’s plenty of them about!?
Regrets Toodles.
Toodles, he heats his home with cold draughts and cooks his food with magnets.
I struggle with this also - I calculated (lots of data available on the interweb such as here) that one return flight of a Boeing 777 from London LHR to New York JFK would burn as much fuel as me driving my car for 126 years at current annual mileage. I understand that a plane carries several hundred passengers and the per seat consumption is far less (about half my annual car consumption) and jet fuel is different etc etc but it does make me think - if one flight gets cancelled, I'll take that offset thank you. I understand the personal moral responsibility etc.
Posted by: @allyfish…
When privatised companies are handed huge subsidies and operate commercially, the incentive of maximising profits creates fundamental conflicts of interest and drives poor and unethical decision making.
….
Totally agree.
Of course, nationalisation brings its own unique brand of inefficiencies as well. Personally I wish I knew of a third alternative that avoids the greedy short-sightedness of the private sector and the lazy disinterestedness so often seen in nationalised services of the past. However I don’t and if I did I would be standing for Parliament.
I hasten to add that I’m not suggesting all private or public bodies are guilty of the stereotypical sins I’ve outlined.
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; sumus solum profundum variat"
@majordennisbloodnok We need more Gregg Jacksons! 😉 Regards, Toodles.
Toodles, he heats his home with cold draughts and cooks his food with magnets.
- 26 Forums
- 2,158 Topics
- 47.4 K Posts
- 30 Online
- 5,736 Members
Join Us!
Podcast Picks
Latest Posts
-
RE: Heat Pump Damage on install - useable or dealbreaker?
They have already been dishonest by not telling you abo...
By GrahamF , 7 hours ago
-
Testing new controls/monitoring for Midea Clone ASHP
Hi all, I thought it might be of interest to others i...
By benson , 7 hours ago
-
-
RE: Electricity price predictions
@diverted-energy sounds like good tariff for you. Octop...
By JulianC , 9 hours ago
-
RE: Who’s Caved and Switched the Heating On Already?
In the last week, the external temperature in south Man...
By GrahamF , 11 hours ago
-
Ok. Two schools of thought. The first is to run the ...
By JamesPa , 11 hours ago
-
@drei Willing as I am to help, I don't think I'm yet ...
By JamesPa , 12 hours ago
-
RE: Is Your Broadband Router the Weak Link in Your High-Tech Home?
I hear you on the locality issue @transparent, and I ag...
By Scalextrix , 14 hours ago
-
Selling 5 year old ASHP & Gas Combi Boiler - £590
Selling a 5-year-old Daikin Altherma Hybrid Air Source ...
By Paul G , 15 hours ago
-
RE: Midea ASHP – how to set weather compensation
@pash44pump Referring to the problem of rooms with diff...
By Tasos , 16 hours ago
-
RE: Help me keep the faith with my air source heat pump installation
Er true, it should have read l/hr!
By JamesPa , 17 hours ago
-
@damon thanks. I will do as you suggest. Hopefully I wi...
By bontwoody , 2 days ago
-
RE: Is a Valliant Inline 6kW heater a BUS buster?
Much of that is true in principle, but its not likely t...
By JamesPa , 2 days ago
-
RE: Heat Pump Servicing & Maintenance – Good Value or Rip-Off?
@dgclimatecontrol I attach the responses from 2 potenti...
By pash44pump , 3 days ago
-
RE: Buffers, hot water and cooling
@dgclimatecontrol thanks, that's helpful.
By JamesPa , 3 days ago
-
RE: Failing heat pump system - seeking thoughts on a rebuild
I realise im overdue an update on my situation. first...
By Cleardene-ashp , 3 days ago
-
RE: Replacing Worcester oil boiler with an ASHP
@toodles thanks. I was told by the engineer that this h...
By JulianC , 4 days ago
-
RE: What crazy nonsense are inverter limits and why are they imposed?
A week later, I'm finally picking up this comment... ...
By Transparent , 4 days ago
-
RE: COP is not the only measure of efficiency
We keep all our TRVs fully open using the whole house a...
By Old_Scientist , 4 days ago