We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Alternative energy sources
Comments
-
Wow - those are some pretty stark predictions. Fortunately, those who have experience of long-distance interconnections have a contrarian view. Octopus Energy is now investor in the project: they are not known for investing in projects that they do not think will deliver.FreeBear said:Dolor said:
So why is the man who used to run Tesco involved in a solar project in Morocco that will transfer electricity by undersea cable to the UK?FreeBear said:Solar power doesn't have to be with photovoltaic panels. If yo have space, a solar thermal plant could be an option. e.g. https://en.wikipedia.org/wiki/Ivanpah_Solar_Power_Facility1)But to invest in a plant operating in Spain and then have the energy shipped to the UK is not a practical or viable option.2
https://electrek.co/2022/04/21/the-worlds-longest-subsea-cable-will-send-clean-energy-from-morocco-to-the-uk/
DC power transmission can make long distance power exchange possible.Missed that. But from the article, it is going to cost some $22.9 billion, and create 10,000 jobs in Morocco (2,000 permanent).When complete, it will have capacity to deliver 7.2GW to the UK. But a cable of 3,800Km is bound to suffer from regular faults, and if when there is any political unrest in Morocco, it could affect the supply.
https://www.pv-magazine.com/2022/05/20/uk-investor-supports-10-5-gw-wind-solar-project-in-morocco-with-submarine-cable/
0 -
Well I'll stick my hand up as someone who has "experience of long-distance interconnections" - and my view is not the same as Octopus.0
-
Before all these energy rises, suggestion of installing solar panels might be a long term investment as it would take many years before you break even. However, with the upcoming energy bill rise of around 80% and I suspect a similar size of energy rise in the upcoming future, do you think installing solar panels might be a better idea than before since you may end up breaking even much sooner (since energy bill are rising so high) ?
So do you think if it worth investing in solar panels & also power storage ?0 -
Use less. Have every aspect of our lives directed to using less.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.6K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.7K Work, Benefits & Business
- 603.1K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards