Jump to content

Fossil fuels should be 'phased out by 2100' says IPCC


Elixir
 Share

Recommended Posts

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

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

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

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

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

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

£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

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.

Edited by strichener
Link to comment
Share on other sites

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

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. :rolleyes: Amazingly still waiting.

Link to comment
Share on other sites

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?

Edited by HaikuHibee
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...