Steerpike
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Post by Steerpike on Jan 21, 2022 15:57:50 GMT
I didn't say octopus were, indeed I'm a customer too and think they are much greener than the others. technically as I use 2000kWh or so a year and my solar produces just over 3000kWh I could claim to be totally green but ... Trading green energy certificates is a bad idea I think it is a question of administration and believe that the OFGEM administered REGO scheme in the UK is a good system, however, I am less confident about the value of international VER/CER carbon credits.
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Post by Deleted on Jan 21, 2022 16:12:12 GMT
it's all bull and you should know it people in the UK on 100% green suppliers use more electricity that the UK produces in green electricity. there is a lot of trading of green certificates in the background to make it look greener. I ran a factory in N Ireland on green energy for a number of years, cheaper than other supplies.
Can you clarify what percentage of excess energy you believe is being consumed. Give me facts please.
What number is "a lot"?
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Post by Deleted on Jan 21, 2022 16:20:36 GMT
Now that
3) Due to the above green energy is by far the cheapest energy you can buy in this country and across most of Europe
Please, do the right thing and stop handling your energy "testicles" to Russia's gentle hands and invest in green energy
Yes, yes. I agree in theory. But by 'green energy' I assume you mean primarily wind/solar electricity. My supplier provides 100% green electricity even though it comes along the same wires as anyone else's (yes, I know how it's supposed to work). It's far from cheap on the present capped tariff, and increasing substantially in April apparently, and again in October if today's paper is to be believed. Maybe the capped tariff for truly green energy should be set at a lower level. We need a meaningful incentive to move from gas to electricity, so transfer of green levies away from electricity to gas might be helpful. This needs to happen otherwise the economics of installing a heat pump become questionable; at any one time it depends upon relative gas/electricity prices, and the future is largely guesswork. But although a loaded gas price would encourage such a move, how are consumers expected to cope in the meantime? I completely agree, the carbon tax on fossil fuels is non-existant. I have and will continue to argue for a $100/tonne carbon tax which would occur as we remove certain taxes from say petrol and diesel. This needs to be an international tax on all fuels including aircraft.
I would have no problem taking the levies off fossil fuels if the carbon tax was put on them.
In the meantime it is worth seeing what other countries are doing. France is offer E200 to poor households. Some countries are clawing back the tax from energy companies. But basically this energy bill is going to shock the economy into a stall, as all the money that might have gone to different parts of the economy are all going to go to energy companies.
If I didn't have solar and great insulation I would be insulating like crazy, moving off meat (takes more energy to break down meat proteins) and looking to work from home. This is a vicious attack on our economy as bad as the oil crisis of the 70s and that was a disaster.
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Steerpike
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Post by Steerpike on Jan 21, 2022 18:34:34 GMT
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keitha
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2024, hopefully the year I get out of P2P
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Post by keitha on Jan 21, 2022 19:24:46 GMT
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aju
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Post by aju on Jan 22, 2022 18:12:11 GMT
Oh go on - please - pretty please Mind you i wouldn't be at all surprised if they did this eventually. (didn't i read they were already doing this with certain gas types. )
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Post by Deleted on Jan 22, 2022 18:27:40 GMT
Oh go on - please - pretty please Mind you i wouldn't be at all surprised if they did this eventually. (didn't i read they were already doing this with certain gas types. ) While a majority of projects are being sensible there are certainly some dolt projects out there (as Keith mentions), especially stupid is the use of washing coal in ammonia and burning the mix in Japan which is incredibly stupid (Think, dumber than Trump).
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ozboy
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Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Jan 22, 2022 21:33:46 GMT
" especially stupid is the use of washing coal in ammonia and burning the mix in Japan which is incredibly stupid"
I can't be the only one who is wondering why this is stupid @bobo, any chance of a short explanation?
I have no idea of the chemistry/whatever involved but I have just googled and it seems a reasonable move to me so wondering what's wrong with the idea?
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Post by Deleted on Jan 23, 2022 12:21:11 GMT
" especially stupid is the use of washing coal in ammonia and burning the mix in Japan which is incredibly stupid"I can't be the only one who is wondering why this is stupid @bobo , any chance of a short explanation? I have no idea of the chemistry/whatever involved but I have just googled and it seems a reasonable move to me so wondering what's wrong with the idea? The process is trying to dilute the ammount of coal burnt but there are two stages in the chemical process, one is making the ammonia and transporting it which is not very efficient and the second is burning a non-flamable liquid. You have to raise its temperature to burn it, burn it and then extract the heat. Each of these steps uses energy. It works yes but very very badly and you still release carbon dioxide.
positive details can be found by searching the website of the company that wants to earn a few carbon credits.
Just to add insult it is more than likely that burning ammonia will generate NOx molecules which are even worse than CO2 for the planet, but hey, they got their carbon numbers down.
And finally, where are they getting this ammonia from as the final plans require massive amounts that could go into making fertiliser
So a stupid stupid idea to hit a stupid target.
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adrianc
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Post by adrianc on Jan 24, 2022 17:20:05 GMT
Oh, bumcheeks. I thought I'd been doing suspiciously well... Hiho. That's four electricity suppliers in a row that I've broken. Please warn us who you choose next. British Gas are "fortunate" enough to have taken my business from the ashes of Together. Sell any shares in them now, while you can.
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pikestaff
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Post by pikestaff on Feb 2, 2022 12:25:32 GMT
www.theguardian.com/business/2022/feb/01/new-super-tax-to-deter-energy-firm-owners-from-gas-profiteeringNew tax on profits on closing out forward contracts for the purchase of gas. This is the interesting bit: "The government quickly pushed through the new laws late last week to counter industry concerns that Stephen Fitzpatrick, the founder of Ovo Energy, could use his almost two-thirds stake in the company to liquidate its long-term gas contracts and exit the supply market with a hefty profit.
Energy industry sources believe this loophole may have already been used by BP, which owned almost a quarter of Pure Planet before pulling the plug on the challenger brand last October. It is understood to have sold the energy it bought in advance, using the profit to pay back loans to BP."
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agent69
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Post by agent69 on Feb 3, 2022 10:29:32 GMT
They were discussing the likely cap increase on the radio this morning. One listener asked why the cap on her renewable energy contract was going to increase (given that the cost of things like solar and wind hasn't increased significantly). The 'expert' waffled on about it being a global market, but never really gave an answer.
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keitha
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Post by keitha on Feb 3, 2022 10:34:45 GMT
Another question that arises 18 months ago many supplies were paying 3-6P a unit for electricity that those of us with solar etc were exporting. ( Ignoring those on silly high FIT payments )
The price of electricity has more than doubled, yet are they proposing a similar doubling of what they pay us ?
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adrianc
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Post by adrianc on Feb 3, 2022 10:51:46 GMT
They were discussing the likely cap increase on the radio this morning. One listener asked why the cap on her renewable energy contract was going to increase (given that the cost of things like solar and wind hasn't increased significantly). The 'expert' waffled on about it being a global market, but never really gave an answer. Very simple... Because "renewable tariff" is a greenwashing con. Currently, ~45% of electricity is from renewable sources. There is nowhere NEAR that much "renewable tariff" demand. The tariff just determines who sends the bill and how big it is. Supply and demand affects the entire grid equally.
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keitha
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2024, hopefully the year I get out of P2P
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Post by keitha on Feb 3, 2022 11:45:40 GMT
They were discussing the likely cap increase on the radio this morning. One listener asked why the cap on her renewable energy contract was going to increase (given that the cost of things like solar and wind hasn't increased significantly). The 'expert' waffled on about it being a global market, but never really gave an answer. Very simple... Because "renewable tariff" is a greenwashing con. Currently, ~45% of electricity is from renewable sources. There is nowhere NEAR that much "renewable tariff" demand. The tariff just determines who sends the bill and how big it is. Supply and demand affects the entire grid equally. Something we agree on Supplier Coal Gas Nuclear Renewable Other British Gas 0 0 25 75 0 e.on 1.1 14 1.8 81.9 1.2 EDF Energy 1.3 7.5 62.1 29 0.1 SSE 0 49.6 0 50.4 0 ScottishPower 4 46 6 40 4 npower 4.8 54.4 6.2 30.7 3.9 Octopus Energy 0 0 0 100 0 OVO Energy 0 49.6 0 50.4 0 Average of top 7 1.40 27.64 12.64 57.18 1.15 ( Calculated from above ) UK Average 2.7 38.2 16.1 40.3 2.7 above are percentages of where each of big companies get there electricity from. Only British Gas and Octopus significantly over 50% renewable, yet I guarantee a lot possibly a majority of customers of all the big 6/7 are on green tariffs
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