📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Energy news in general

Options
18889919394294

Comments

  • pochase
    pochase Posts: 3,449 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Bloomberg link was also working fine for without a paywall.

    Bigger question for me is the second part of the article that was saying  that we will need upgrades to the grid costing billions to avoid problems like the above, that we were overproducing electricity in Scotland at the same time that we were buying from Belgium and the issue is that the grid could not handle it.

    Would that fall under maintenance, thus covered by standing charges, or who is going to pay for the required upgrades?
  • markin
    markin Posts: 3,860 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    QrizB said:
    "Eight houses for a year" sounds like the purchase was for something like 24MWh, so roughly £240k spent.
    £240,000!
    Surely they could have just bunged 8 houses less then £30,000 each for 1h disruption?
    What's the current compensation level £30 per day isn't it?
    £30x8= £240
    £240 compensation vs £240,000, hmm.

    Without looking it up 24MWh would be about 48K homes without power for an hr?
  • markin
    markin Posts: 3,860 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    pochase said:
    Bloomberg link was also working fine for without a paywall.

    Bigger question for me is the second part of the article that was saying  that we will need upgrades to the grid costing billions to avoid problems like the above, that we were overproducing electricity in Scotland at the same time that we were buying from Belgium and the issue is that the grid could not handle it.

    Would that fall under maintenance, thus covered by standing charges, or who is going to pay for the required upgrades?
    The 2 N/S cables just built/being built are going on the standing charge.
  • Xbigman
    Xbigman Posts: 3,915 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Sea_Shell said:
    Xbigman said:

    They should have probably let the power go out, essential services would have backups, large businesses have backups and a couple of hours of the power going out might wake people up to the fact that we are all going to have to economise, on top of a reasonable probability of power cuts this winter. 
    I totally agree. Its time we stopped covering problems up and let people know what the issues are. 


    Darren
    It does beg the question as to where exactly is the "line in the sand" above which we will just not pay?


    Its not about the cost its about the fact that the problem existed in the first place. People need to be made aware we have a grid that is operating on such thin margins the lights could go out at any time. Oh yeah, and its summer. 


    Darren 
    Xbigman's guide to a happy life.

    Eat properly
    Sleep properly
    Save some money
  • SJMALBA
    SJMALBA Posts: 1,080 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Bloomberg article fine for me too; however, if some are still unable to view, this should help:

  • Sea_Shell
    Sea_Shell Posts: 10,030 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    Xbigman said:
    Sea_Shell said:
    Xbigman said:

    They should have probably let the power go out, essential services would have backups, large businesses have backups and a couple of hours of the power going out might wake people up to the fact that we are all going to have to economise, on top of a reasonable probability of power cuts this winter. 
    I totally agree. Its time we stopped covering problems up and let people know what the issues are. 


    Darren
    It does beg the question as to where exactly is the "line in the sand" above which we will just not pay?


    Its not about the cost its about the fact that the problem existed in the first place. People need to be made aware we have a grid that is operating on such thin margins the lights could go out at any time. Oh yeah, and its summer. 


    Darren 

    I've read the full article now. 

    Crazy that we don't have the (enough) capacity to move power around the country as and when needed.

    And there was me thinking it was the "National Grid"....silly me😉

    Massive investment is needed it would seem....meaning higher standing charges I assume? 
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • What's the latest projection for the unit / sc price cap on 1st October and 1st January?

  • QrizB
    QrizB Posts: 18,392 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    pochase said:
    Bigger question for me is the second part of the article that was saying  that we will need upgrades to the grid costing billions to avoid problems like the above, that we were overproducing electricity in Scotland at the same time that we were buying from Belgium and the issue is that the grid could not handle it.
    That's been the case for a while. During windy periods, Scottish generators are paid to switch their turbines off.
    Would that fall under maintenance, thus covered by standing charges, or who is going to pay for the required upgrades?
    There's a £54B upgrade plan. I'm expecting it to be funded by bill payers, one way or another. (Not just domestic bill payers; commercial users should be meeting their share of the cost.)
    See also NG ESO's press release for more details.
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.
    Not exactly back from my break, but dipping in and out of the forum.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
  • markin
    markin Posts: 3,860 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 25 July 2022 at 11:15AM
    I don't recall reading this back in march. 

    Energy firm SSE gets UK nod to build 2-GW Scotland-England subsea power line

    "It will run from Peterhead in the northeast of Scotland to Drax in Yorkshire, England"
    "
    The main construction work is due to begin in early 2025, and startup is targeted for 2029, SSE said."
    Cost £2.1B

    https://www.reuters.com/business/energy/energy-firm-sse-gets-uk-nod-build-2-gw-scotland-england-subsea-power-line-2022-03-30/

    ...................

    2 links, The other one from Torness to Hawthorn Pit in County Durham,
    https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/electric-power/071122-uk-regulator-ofgem-confirms-need-for-huge-eastern-hvdc-link
  • markin
    markin Posts: 3,860 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    The problem on the 20th seems to be that we are exporting 2gw to France



     



    https://electricinsights.co.uk/#/dashboard?start=2022-07-20&&_k=6fon1a

    https://www.gridwatch.templar.co.uk/
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.