Jack Richardson ⚡️
@jackrdsn
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Head of Policy for Octopus Energy; Adjunct Fellow for Council on Geostrategy 🐙🌍
London
Joined October 2018
Whoever thinks renewables aren't going to be shaping geopolitics of the next few decades needs to back that claim. Look at all that power & compute China's getting with solar alone *with such speed*. Their solar parks are twinned with coal plants and power industrial clusters
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RT @Frank_Stones: Who said🇮🇳India has no way to respond to🇺🇸US threats on🇷🇺Russian oil imports?.New Delhi has put on hold its plans to proc….
reuters.com
New Delhi has put on hold its plans to procure new U.S. weapons and aircraft, according to three Indian officials familiar with the matter, in India's first concrete sign of discontent after tariffs...
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RT @RobertBoswall: I believe locational marginal pricing will be introduced eventually, a market solution to some of our key problems, matc….
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RT @ClemCowton: Apropos of nothing, a reminder that incumbent energy corporates recently successfully lobbied the government to scrap refor….
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RT @edcporter: Are batteries cheaper than gas for flexibility in the GB market?. Below the average delivered price of generation turn-up fr….
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Pretty important to know the impact on bill payers of not doing a reform when the national system operator, Resolution Foundation, Energy Systems Catapult, and Citizens Advice recommended a reform. And all the transparent modelling at least suggested BIG bill cuts from the reform.
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The government did make this decision to be fair, although there still isn’t an impact assessment to back it up.
@jackrdsn With you on levies, but while ‘prioritising consumers over generators’ is a nice soundbite, what does it mean in practice?. Guess you would argue going for zonal would do that, but the Govt decision was that on balance the cost to consumers, outweighed the benefits.
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RT @mattotele: Wasted wind power has cost Britain an estimated £752m so far this year – equivalent to more than £140,000 per hour. The co….
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this doesn't really hit as hard on X because most the energy sector left the platform a while ago
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This is important. Net zero will be politically and technically impossible if we continue to raise people's energy bills just to derisk investments for the biggest firms and hand them giant rents. The lack of upstream cost cutting is fast moving from a problem into an emergency.
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SSE were paid on avg £158/MWh to run gas plants through balancing, *9x the market price*. SSE took 13% of that day's wind constraint cost. This doesn’t show up in the market price but all goes on bills. Seagreen's STILL idle most the time. High electricity bills stump net zero.
@jackrdsn The average wholesale electricity price on the 5th August was £16/MWh. You either didn’t know that, or are deliberately feeding anti-renewables sentiment.
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The online safety thing is blocking me from seeing a video from an MP about birth rates 🤨
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Gas can’t do this.
Real people, in real homes are living with ZERO energy bills. No electricity bills, no standing charge costs - just super efficient, green homes⚡️. We want all new homes to have no bills - so we're building 100K by 2030. 👉
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RT @Wasted_Wind: 9:30am - Britain has already wasted enough electricity to power every home in London for the day.
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RT @christiancalgie: Oh great now we get phone thefts and make the streets look shit and tacky. Two massive victories in one.
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RT @edcporter: Cool chart of locational pricing driving different operational outcomes and investment signals based on local generation (eg….
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This is sad, also bound to be ineffective: I have certainly seen videos of phone thieves cycling on pavements (would be weird for thieves to abide by the no bikes on pavements rule). I personally now try to not to use my phone on the street if I can help it
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Netflix above Exxon and Palantir is incredible to me for some reason.
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Stop making everyone poorer before you make most people even poorer to make poorer households relatively less poorer but still poorer overall
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