.@tylerhnorris: "Much of the grid sits idle most of the time. On a typical day, only about half of its capacity is in use, and the country’s most efficient gas plants run less than 60 percent of the time. Because the system must be able to handle its busiest hours — those moments

It's Wastemas! We've officially passed 2024's wasted wind costs as of yesterday. That's the cost of wasting wind energy and paying extra for firing up gas plants.

Assume a CfD generator gets paid £80 per MWh and the UK net exports power during a production glut at £20 per MWh. The generator still gets the top up payment of £60 per MWh for power the 🇬🇧 doesn't need? Will this become a bigger issue in time? Source: NESO CP2030

Industries with falling volumes are tricky - Volumes decline 📉 but some costs are fixed - So unit prices rise 📈 to keep the economics stable - BUT the price rises causes more volume decline 🔁 The chart below is for UK letter volumes - but it also applies to electricity

UK electricity levies are spread over a declining demand base. Grid costs and generation subsidies are rising, and are currently being apportioned over an increasingly thin amount of demand. This increases their cost per unit of energy. The chart below shows the Eligible Demand

Things that can be achieved with locational pricing

https://t.co/9XT4nkvPsj

https://t.co/255AsRQehU

It takes 250 kWh of electricity to make 5 kg of Hydrogen. This gets you 300-400 miles of range. About the same as an EV with a 70 kWh battery. 5 kg of hydrogen in CA costs about $170, if you can find it. Way easier and cheaper to simply use electricity directly, at home.

Time to repurpose the clean power mission to something far more important. In its current form the only people who benefit are executives at rent seeking firms. The purpose of the energy system isn’t to generate returns for windfarm owners. It should be to provide people with

Reduce the costs of electricity and electrification technology will start to work for consumers Cheaper Power 2030 is the right approach - decarbonisation in a pro-growth and pro-consumer way

6 years since net zero 2050 was made law, there’s two roads emerging ⬆️ The high road: (we’re on it now) supply-led, prioritise “certainty”, white elephants ⬇️ The low road: efficient, pro-consumer, demand-led, prioritise bill cuts We must take the low road

On 30 Sep 2024, the UK closed its last coal plant. This was the day we should have ended carbon price support – an extra tax to get coal off the grid. In the Budget, @RachelReevesMP has the chance to cut bills for millions + boost electrification, by ending CPS Here’s how:

This is an excellent piece of analysis.

Wishing a very happy Trafalgar Day to all who celebrate. And a suspicious glance at those who don't.

There's been a weird reaction to last week's select committee session that having the highest electricity prices in the developed world is ok, actually, and in fact great for people if you really think hard enough about it. B*llocks. Get those bills down.

It's not government bashing to say that we need to do more to keep a lid on energy bills. It's simple maths that rising fixed costs on a shrinking demand base = higher prices. That fixed costs are rising and demand falling is v well documented. The other suppliers agreed.

Wholesale energy costs are not the *sole* driver of higher household energy bills. For electricity bills, the largest source of upwards pressure comes from increasing costs of government policies and schemes funded through bills. Read 'Splitting the bill' to learn more 👉

My electricity bill went up £22 a month, and my fuel bill dropped £200 a month. .

This is the path to a Kardashev Type II civilization that harnesses most of the power of our Sun, which is more than a billion times more energy than everything else on Earth combined