Green, ethical, energy issues in the news

12728303233805

Comments

  • Martyn1981
    Martyn1981 Posts: 14,755 Forumite
    Name Dropper Photogenic First Anniversary First Post
    Sue the World?

    World's largest carbon producers face landmark human rights case
    The world’s largest oil, coal, cement and mining companies have been given 45 days to respond to a complaint that their greenhouse gas emissions have violated the human rights of millions of people living in the Phillippines.

    In a potential landmark legal case, the Commission on Human Rights of the Philippines (CHR), a constitutional body with the power to investigate human rights violations, has sent 47 “carbon majors” including Shell, BP, Chevron, BHP Billiton and Anglo American, a 60-page document accusing them of breaching people’s fundamental rights to “life, food, water, sanitation, adequate housing, and to self determination”.

    Mart.
    Mart. Cardiff. 5.58 kWp PV systems (3.58 ESE & 2.0 WNW)

    For general PV advice please see the PV FAQ thread on the Green & Ethical Board.
  • michaels
    michaels Posts: 27,999 Forumite
    Photogenic Name Dropper First Anniversary First Post
    edited 29 July 2016 at 2:35PM
    Obviously the big energy news today is the pause to Hinkley C.

    WE know the cost per unit looks high compared to renewables (and especially where we expect renewables to be from 2025(+++) onwards but could the whole project still make sense to provide a secure base load along with the likely increased demand from carbonizing transport?

    Finally is the risk too great - are either of the other two reactors of this design (Finland and France?) online yet?
    I think....
  • Martyn1981
    Martyn1981 Posts: 14,755 Forumite
    Name Dropper Photogenic First Anniversary First Post
    michaels wrote: »
    Obviously the big energy news today is the pause to Hinckley C.

    WE know the cost per unit looks high compared to renewables (and especailly where we expect renewables to be from 2025(+++) onwards but could the whole project still make sense to provide a secure base load along with the likely increased demand from carbonizing transport?

    Finally is the risk to great - are either of the other two reactors of this design (Finland and France?) online yet?

    I could write pages on this, so will go and have lunch instead rather than spoil everyone's fun, but a couple of ickle comments:-

    The Finish and French builds are in serious trouble, well behind the delivery dates, just like Hinkley C's promise to cook Xmas lunch in 2017.

    Whether you think nuclear is a good or bad idea, try this thought as an idiot check for Hinkley's costs:

    In 2016 monies, Hinkley is to receive £99 to displace 1MWh of gas generation from our grid. Though it won't actually do this till 2025/30.

    In 2016 monies we can pay UK households £67 to displace 1MWh of gas generation from the grid .... now.

    How can Hinkley be cost effective if it can't even match 'ickle' domestic powerstations 1 millionth of its capacity?

    Perhaps also worth mentioning balance of payments issues, as we have £99/MWh leaving the UK, or £67/MWh being recycled via UK consumers. [Including 2% inflation on Hinkley and PV export rates, the PV degression to 2019 will mean domestic PV costing £61/MWh v's £105 for Hinkley.]

    Mart.
    Mart. Cardiff. 5.58 kWp PV systems (3.58 ESE & 2.0 WNW)

    For general PV advice please see the PV FAQ thread on the Green & Ethical Board.
  • zeupater
    zeupater Posts: 5,355 Forumite
    First Anniversary Name Dropper First Post Combo Breaker
    edited 29 July 2016 at 5:37PM
    Hi

    The two main logical candidates are to either hold Hinckley-C as a bargaining-chip for the EU negotiations (something which makes the French government sit up and think!) ... or ... to negotiate a mutual withdrawal from the contract without anyone being landed with penalty payments ...

    Considering the ongoing issues with the other two EPR sites and the loss of interest in the technology in a number of other countries the French government & EDF must be completely torn between exposure to even more risk and diluting the existing losses over another plant. My own opinion is that the cost of the Hinckley-C plant has been heavily loaded with R&D expenditure on the two prior builds in order to reduce EDFs indebtedness (~35billion euros) - as the other plants' budgets overrun, EDF simply add that cost to the cost of the plant in the UK .... either EDF know what they're doing, or they don't - the problem at the moment is that it looks like it's the latter.

    Anyway, the EPR track record doesn't make good reading, in fact it's worse than that, it's horrendous - not something which should be given any form of serious consideration if the main criteria were to be :- timely delivery, on budget & mildly competitive, after all, isn't that exactly what they should be? ....

    To wrap up ... We had a general election just over a year ago which pushed the LibDem energy minister Ed Davey out of government so with the recent departure of both David Cameron & George Osborne all of the main flag wavers for this vanity project have faded away, so why continue on a vanity basis? .... let's simply consider technology that's already developed and therefore needs little R&D expenditure, make some minor incremental improvements and build a couple of more cost effective, safe & deliverable alternatives whilst EDF are still intent on chasing their tails ....

    Thumbs down here, EDF have had long enough to sort out their EPR problems ... it's now time to pull the plug.

    HTH
    Z
    "We are what we repeatedly do, excellence then is not an act, but a habit. " ...... Aristotle
    B)
  • Martyn1981
    Martyn1981 Posts: 14,755 Forumite
    Name Dropper Photogenic First Anniversary First Post
    michaels wrote: »
    WE know the cost per unit looks high compared to renewables (and especially where we expect renewables to be from 2025(+++) onwards but could the whole project still make sense to provide a secure base load along with the likely increased demand from carbonizing transport?

    Some more thoughts to ponder or disagree with, as you please.

    Straight cost comparisons.

    The cost comparison to renewables is significant, but as you suggest a more important issue is the relative costs when Hinkley might come on line.

    I'd guess that large scale PV and on-shore wind will continue to fall in price, before leveling out then starting to rise with inflation. By 2025 I'd suggest (blind guess perhaps?) at £80/MWh, same price as today, but after allowing for inflation about £65 in today's money.

    Off-shore contracts by the Dutch recently (to start in 2020) were €73/MWh. They don't include all transmission costs, which could add 30%, but even that is only €95/MWh, or about £80/MWh. So perhaps £70-£80/MWh by 2025.

    Hinkley, with inflationary protection will be about £120/MWh.


    Storage.

    The sun doesn't always shine (especially at night ;)). The wind doesn't always blow.

    Well for Hinkley scale generation, that's not an issue. An equivalent amount of generation (not capacity) from RE would not exhaust gas generation, so we don't yet need storage.

    For nuclear as a whole, yes we would need storage, but it's crucial to appreciate that large nuclear also needs storage. At around 16GW nuclear generation bumps up against nightime low demand. Since the vast bulk of nuclear costs are CAPEX not OPEX, reducing output saves next to nothing, instead it simply pushes up the unit cost of generation.

    It's also worth noting that the number of storage technologies is expanding and R&D is accelerating, and costs are falling. Also interconnectors are being built.

    At present the cost difference between wind/PV and Hinkley is about £20/MWh. Assuming half of RE generation needs storage, that frees up £40/MWh for storage costs. Even large scale batteries are now available at half that cost.


    Back up generation.

    If we were to build RE generation to match nuclear generation, both (without storage) would require gas generation to meet the difference. Nuclear would need a steadier amount, whereas RE would need peaks and troughs, but if generation matched, then gas generation would also match. The only difference being that RE would need additional capacity equal to the nuclear capacity, for instances where RE generation was zero.

    So if we had 16GW of nuclear + gas generation, we would need RE + 16GW more gas generation, an additional build cost of about £8bn.

    But, with wind and PV costing £20/MWh less than nuclear, the annual savings would be:-

    16,000MWh x £20 x 95% capacity factor x 24hrs x 365 days = £2.67bn pa. Covering the gas capacity in just 3 years.

    michaels wrote: »
    but could the whole project still make sense to provide a secure base load along with the likely increased demand from carbonizing transport?

    De-carbonizing transport (I assume?) 'simply' makes leccy demand greater. It doesn't change any of the economics, it just means the numbers are bigger, and generation also needs to be bigger. It's important to note that wind, off-shore wind and PV simply aren't constrained by scale in the UK, they really don't need as much space as people think. These maps show how much space is needed for all energy (energy not leccy) from PV, or offshore wind.

    Add in all of the other forms of RE and whilst the amount of generation is gigantic, the problem isn't.

    It's also interesting to note that 1 gallon of petrol/diesel takes 6kWh of energy to refine it, not find it, get it, and ship it, just refine it. 6kWh would move an EV about 25 miles, so simply not 'making' the fuel gets us half of our needs.

    Charging of EV's will probably be done during the day, when at work, or during the night when at home, as well as encouraging demand side generation, such as PV. Whilst this will increase overall leccy consumption, it will hopefully result in a levelling out of demand.


    We don't have to choose between RE and nuclear, we can do both, but unless nuclear is economical in comparison, why bother with it. I used to think 10 years was a very short time in world energy terms, but if we've learnt anything this last 5-10 years (from PV and wind) it's not to underestimate the potential for change. If storage costs emulate PV costs, then 10yr+ nuclear projects are simply doomed to economic failure, after all, despite being one of the longest and largest subsidy recipients in history, it's also the one technology that has somehow managed to get more expensive!

    Apologies for the waffle.

    Mart.
    Mart. Cardiff. 5.58 kWp PV systems (3.58 ESE & 2.0 WNW)

    For general PV advice please see the PV FAQ thread on the Green & Ethical Board.
  • Martyn1981
    Martyn1981 Posts: 14,755 Forumite
    Name Dropper Photogenic First Anniversary First Post
    Comments from the Guardian today:-

    Hinkley Point C delay points to renegotiation rather than rethink
    In the eight years since Hinkley negotiations started, renewables have been transformed. Offshore wind, once ruinously expensive, is now around 20% cheaper than nuclear power in Denmark; solar is so cheap it can be sold in supermarkets; tidal power is limitless and emerging; and energy saving, the Cinderella of the energy world, has proved itself the cheapest way to cut energy costs. All could flourish once the yoke of the giant Hinkley project is lifted.

    Because Hinkley stands to cost the taxpayer more than the Channel Tunnel, the Olympic games, Heathrow expansion and Crossrail combined, it would inevitably stifle all these emerging technologies for the whole of its heavily subsidised 60-year life.

    Mart.
    Mart. Cardiff. 5.58 kWp PV systems (3.58 ESE & 2.0 WNW)

    For general PV advice please see the PV FAQ thread on the Green & Ethical Board.
  • michaels
    michaels Posts: 27,999 Forumite
    Photogenic Name Dropper First Anniversary First Post
    Thanks both and yes I did mean decarbonising.

    Obviously 'energy security' is mentioned with gas generation which fraking would solve if the political will was there. Personally I am more worried about the risks of nuclear.

    My feeling is putting 'so many eggs in one basket' at hinkley is a big risk, it it were to go offline for a few months in winter it could be a real problem.
    I think....
  • Martyn1981
    Martyn1981 Posts: 14,755 Forumite
    Name Dropper Photogenic First Anniversary First Post
    michaels wrote: »
    Thanks both and yes I did mean decarbonising.

    Obviously 'energy security' is mentioned with gas generation which fraking would solve if the political will was there. Personally I am more worried about the risks of nuclear.

    My feeling is putting 'so many eggs in one basket' at hinkley is a big risk, it it were to go offline for a few months in winter it could be a real problem.

    Basically, I'm with you on this. I don't think nuclear is too big a risk, so long as it doesn't go wrong. Then the problems and cost simply become titanic. Many smaller countries (that can't afford nuclear anyway) would be broken by the clean up and compensation costs.

    An unscheduled shutdown is going to be hard to deal with on these scales (1.6GW reactors).

    The problem with fracking is that it might not work well with UK shale, and any methane leaks (like the 3% or so from US wells) makes gas generation more greenhouse gas polluting than coal.

    The key benefit though, as you mention is energy security, and within that, balance of payments, if we buy more gas from ourselves than we otherwise would.


    Another interesting number is that we could build around 50GW of new gas capacity, for the same cost of Hinkley. That doesn't include the cost of gas, but it would free us up to build out cheaper RE, and use the gas less and less.

    Yes it would be 'wasted' expenditure on infrastructure that we wouldn't use, but in the long run it would probably be cheaper as we'd never have to worry about the 'what happens when the xxxxxxx isn't xxxxxxx' arguments. Then over time storage would displace even more of the gas generation. Effectively the gas plants would be like a giant back up generator for an off-grid house, there for emergencies, but ideally never used.

    Mart.
    Mart. Cardiff. 5.58 kWp PV systems (3.58 ESE & 2.0 WNW)

    For general PV advice please see the PV FAQ thread on the Green & Ethical Board.
  • Martyn1981
    Martyn1981 Posts: 14,755 Forumite
    Name Dropper Photogenic First Anniversary First Post
    Just realised the problem here is simply timing:-

    Nuclear has just become questionable on an economic basis.

    RE has just become possible on an economic basis.

    Fracking has just become possible, but yet to prove practical and economic (or not).

    Storage is not really economic today, but is just beginning to suggest that it might be soon.

    Coal is now accepted to be simply too expensive (pollution and CO2) to continue with, and is closing. Whilst existing nuclear plants are heading into their last decade.


    So the government(s) and us, have to make a decision today, on policies that won't really kick in for 5 to 10 years, on issues that we won't fully have a clear picture on, till 5 to 10 years from now.

    My bet is on RE and storage, but governments shouldn't bet!

    Mart.
    Mart. Cardiff. 5.58 kWp PV systems (3.58 ESE & 2.0 WNW)

    For general PV advice please see the PV FAQ thread on the Green & Ethical Board.
  • zeupater
    zeupater Posts: 5,355 Forumite
    First Anniversary Name Dropper First Post Combo Breaker
    edited 30 July 2016 at 12:24PM
    michaels wrote: »
    Thanks both and yes I did mean decarbonising.

    Obviously 'energy security' is mentioned with gas generation which fraking would solve if the political will was there. Personally I am more worried about the risks of nuclear.

    My feeling is putting 'so many eggs in one basket' at hinkley is a big risk, it it were to go offline for a few months in winter it could be a real problem.
    Hi

    Energy security is a pretty serious concern, but don't be too quick to fall for the industry position on this as much of it is more than a little over-egged ....

    Take the eggample of your worries that "putting 'so many eggs in one basket' at hinkley is a big risk" - obviously this is an issue, but one that is more than a little eggagerated by some with vested interests .... yes, we are decommissioning capacity, but at the same time efficiency measures mean that demand is falling just as quickly, possibly even faster considering that the reduction has averaged around 2%/year recently ..... to place this into context, demand reduction over just the last 3 years is roughly equivalent to the planned output of Hinckley-C, a rate of reduction which had been totally underestimated by almost all concerned government agencies and the industry themselves. Effectively, if there was a valid argument for the plant 3 years ago, why would it still be valid now? ... even more relevant, the question of how long the current trend in demand reduction will last has a huge impact on the economic viability of generating plant with such long lead-times ....

    ... it (the offer on the table) simply doesn't make sense - the whole proposition has been over-egged ...

    HTH
    Z
    "We are what we repeatedly do, excellence then is not an act, but a habit. " ...... Aristotle
    B)
Meet your Ambassadors

Categories

  • All Categories
  • 343.1K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.7K Spending & Discounts
  • 235.2K Work, Benefits & Business
  • 607.9K Mortgages, Homes & Bills
  • 173K Life & Family
  • 247.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards