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by skew-aberration
5 days ago
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Nuclear is the other option, and cherry picking the most generous data from a deindustrialised economy is a far less meaningful metric than you seem to think. I wish people like you, who care genuinely about this topic, would engage with it in a more holistic way. * Removing fossil fuels requires massively increasing the grid capacity by electrifying a vast range of extraction, refining, and manufacturing processes. The grid data you are looking at is about 1/5 of the real energy economy
* That extra load is almost entirely baseload - running large smelters, furnaces, etc intermittently is infeasible and would use even more energy
* This real energy economy is hidden in deindustrialised western countries, where the people depend on energy consuming processes in faraway lands - energy is 'imported' in the form of finished products like cheap building materials. It never shows up in grid usage
* The reality is that the countries where energy is consumed will use as much renewable energy as possible, when it is cheaper to do so, but will rely on fossil fuels to supply the bulk of the baseload demand
* The UK 's energy policy will be a rounding error in this decision-making process Also why are you celebrating an increase in energy price? That's backwards logic. If the energy price had instead fallen to £60, you and every other consumer would be better off |
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It's weird for somebody who says they want nuclear power to bring this up - have you been playing too much Fallout ?
The two big non-electrical energy demands are transport and heating, which not only are being electrified already, they're also places where electrification is a net energy win, so that diesel or natural gas power translates into less than half as much electricity for the same results.
For heat it just comes down to heat pumps, since we don't actually want to make more heat we can instead move the heat that already exists and avoid that high price, easy with electricity, impractical otherwise.
But for transport it's even more fundamental, efficient fossil fuel power is about scale and regularity, but for transport you want tiny engines and bursty usage. A transition shrinks the overall energy budget while improving the outcomes, that's why this is such an obvious economic step.
> Also why are you celebrating an increase in energy price? That's backwards logic. If the energy price had instead fallen to £60, you and every other consumer would be better off
The vast majority of UK consumers do not have a wholesale tracked price for electricity, so in fact that lower immediate wholesale price is just profits for the retail electricity companies.
Long term price trends matter more, but notice the CfD strike price for the new nuclear power station in the UK was a lot higher (IIRC) £92.50. If, of course, that station ever supplies actual power. So whether the headline price is £60 or £600, the price actually paid was £92.50 and somehow or another that's what you're paying for that electricity even if you were told it was £60.
£92.50 isn't bad for a novel technology. If you were going to deploy it next year and in five years you'd be bidding £80 or less for another new plant I'd have enthusiasm for this concept. But in fact you're going to come back in five years, still without a finished plant but now pitching for £110 per MWh instead of £92.50 -- we have seen this story before.