Reynard Posted January 14, 2015 Share Posted January 14, 2015 That's as mis-leading a statement as you could make. The current strike price for wind is irrelevant when comparing to nuclear until the nuclear plants are up and running. At this point nuclear will be more heavily subsidised than onshore wind. For someone on here telling us how cheap nuclear is, perhaps you can explain why EDF even need a guaranteed price. I would like to see someone as right wing as yourself tell us why market forces appear to not work in a de-regulated business. Nuclear is cheaper than renewables. Renewables are the most expensive and unreliable method we have of producing energy. Link to comment Share on other sites More sharing options...
strichener Posted January 14, 2015 Share Posted January 14, 2015 Nuclear is cheaper than renewables. Renewables are the most expensive and unreliable method we have of producing energy. Currently or in the future? Perhaps providing some figures......oops sorry. Link to comment Share on other sites More sharing options...
Reynard Posted January 14, 2015 Share Posted January 14, 2015 That's as mis-leading a statement as you could make. The current strike price for wind is irrelevant when comparing to nuclear until the nuclear plants are up and running. At this point nuclear will be more heavily subsidised than onshore wind. For someone on here telling us how cheap nuclear is, perhaps you can explain why EDF even need a guaranteed price. I would like to see someone as right wing as yourself tell us why market forces appear to not work in a de-regulated business. Its not deregulated. The government sets energy policy. The cheapest way to produce energy is to use coal. If it was a totally free market then we'd be using coal. Simple as that. Why are we not using coal? Ask yourself that and once you come up with the answer you'll maybe begin to understand... then again Link to comment Share on other sites More sharing options...
Reynard Posted January 14, 2015 Share Posted January 14, 2015 Currently or in the future? Perhaps providing some figures......oops sorry. Currently Link to comment Share on other sites More sharing options...
Reynard Posted January 14, 2015 Share Posted January 14, 2015 Expensive energy fucks the economy over. We will see that low oil prices is a boost for the economy in the next year or so or however long it lasts. We should be doing all we can to make electricity as cheap as possible. Bin the green targets completely. No need for them anyway. Link to comment Share on other sites More sharing options...
strichener Posted January 14, 2015 Share Posted January 14, 2015 Currently OK. So do you dispute that nuclear will be more expensive than wind when the new Hinkley is operational? Link to comment Share on other sites More sharing options...
Reynard Posted January 14, 2015 Share Posted January 14, 2015 OK. So do you dispute that nuclear will be more expensive than wind when the new Hinckley is operational? Yep. The strike price has already been agreed for Hinckley and its cheaper than Wind is NOW. Both on and offshore. Didn't you know that? Link to comment Share on other sites More sharing options...
strichener Posted January 14, 2015 Share Posted January 14, 2015 Its not deregulated. The government sets energy policy. The cheapest way to produce energy is to use coal. If it was a totally free market then we'd be using coal. Simple as that. Why are we not using coal? Ask yourself that and once you come up with the answer you'll maybe begin to understand... then again Coal is not the cheapest way to generate electricity. If you believe otherwise, then I would be interested to see the source of the data. Link to comment Share on other sites More sharing options...
strichener Posted January 14, 2015 Share Posted January 14, 2015 OK. So do you dispute that nuclear will be more expensive than wind when the new Hinkley is operational? Yep. The strike price has already been agreed for Hinckley and its cheaper than Wind is NOW. Both on and offshore. Didn't you know that? Areshole. Link to comment Share on other sites More sharing options...
Reynard Posted January 14, 2015 Share Posted January 14, 2015 Areshole. Whats the strike price on wind falling to? Link to comment Share on other sites More sharing options...
Reynard Posted January 14, 2015 Share Posted January 14, 2015 Coal is not the cheapest way to generate electricity. If you believe otherwise, then I would be interested to see the source of the data. It is. By far Link to comment Share on other sites More sharing options...
strichener Posted January 14, 2015 Share Posted January 14, 2015 Whats the strike price on wind falling to? £90 It is. By far Source? Government provides £17.6bln of funding to EDF un-necessarily. Link EDF is offered an investment contract for Hinkley Point C that establishes a strike price of £92.50 – roughly twice the current wholesale price of power. In nominal terms, this rises to £279 per MWh in 2058, the last year of the scheme. The level of support under the CFD could be as much as £17.6bn, which is greater than the expected £16bn cost of building the plant. This provides EDF with roughly a 10 per cent rate of return. The commission questions the appropriateness of the discount rates used in the model to predict cash flows. ...Mr Almunia writes that at this point he cannot see why the project is fundamentally different from plants in Flamanville in France and Olkiluoto in Finland “which have been undertaken without any support”. Link to comment Share on other sites More sharing options...
Reynard Posted January 14, 2015 Share Posted January 14, 2015 £90 Source? Government provides £17.6bln of funding to EDF un-necessarily. Link Its £95 actually. And thats only for onshore. Whats solar? Hinckley will be 92.50 and this drops under 90 once sizewell goes ahead. Unlucky as they say. Did you find out that coals the cheapest way to generate electricity yet as you frantically howked through google? Link to comment Share on other sites More sharing options...
strichener Posted January 14, 2015 Share Posted January 14, 2015 1. Its £95 actually. And thats only for onshore. 2. Whats solar? 3. Hinckley will be 92.50 and this drops under 90 once sizewell goes ahead. Unlucky as they say. 4. Did you find out that coals the cheapest way to generate electricity yet as you frantically howked through google? 1. It will be £90 in 2017/2018. 2. why is this relevant to wind vs nuclear? 3. If Sizewell goes ahead, and it is indexed linked and loan guaranteed. Anyone that thinks this nuclear deal that has been agreed with EDF is good for consumers needs their head examined. Did you actually read the article that i posted/ 4. I know that coal isn't the cheapest. You made the claim, perhaps you have scrambled around tryng to find evidence and failed. So as the one that made the claim, where is your evidence? Unlucky you say, Ignorance on your part. Link to comment Share on other sites More sharing options...
strichener Posted January 14, 2015 Share Posted January 14, 2015 The nuclear strike price was set based on 2012 prices and is linked to CPI. The actual point in 2012 is not specified, so best case is 31/12/2012 and that would equate to the strike price now being over £95. Worst case it would be over £98 Link to comment Share on other sites More sharing options...
AUFC90 Posted January 14, 2015 Share Posted January 14, 2015 The nuclear strike price was set based on 2012 prices and is linked to CPI. The actual point in 2012 is not specified, so best case is 31/12/2012 and that would equate to the strike price now being over £95. Worst case it would be over £98 So we've established that nuclear is insanely expensive. That doesn't include the colossal expense of cleaning all the shite up from the various nuclear sites across the country. Link to comment Share on other sites More sharing options...
strichener Posted January 14, 2015 Share Posted January 14, 2015 1. It will be £90 in 2017/2018. 2. why is this relevant to wind vs nuclear? 3. If Sizewell goes ahead, and it is indexed linked and loan guaranteed. Anyone that thinks this nuclear deal that has been agreed with EDF is good for consumers needs their head examined. Did you actually read the article that i posted/ 4. I know that coal isn't the cheapest. You made the claim, perhaps you have scrambled around tring to find evidence and failed. So as the one that made the claim, where is your evidence? Unlucky you say, Ignorance on your part. hmmmmm. Amazingly still waiting. Link to comment Share on other sites More sharing options...
dorlomin Posted January 16, 2015 Share Posted January 16, 2015 2014 officially the hottest year on record Link to comment Share on other sites More sharing options...
Zetterlund Posted January 16, 2015 Share Posted January 16, 2015 2014 officially the hottest year on record But.. but.. but.. it's been snowing really bad in North America. Link to comment Share on other sites More sharing options...
HaikuHibee Posted January 16, 2015 Share Posted January 16, 2015 Expensive energy fucks the economy over. We will see that low oil prices is a boost for the economy in the next year or so or however long it lasts. We should be doing all we can to make electricity as cheap as possible. Bin the green targets completely. No need for them anyway. My word that's stupid. You say Gas is really cheap. Why go nuclear? Link to comment Share on other sites More sharing options...
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