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Greg Greg
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Comments by "Greg Greg" (@SlowhandGreg) on ""Completely Bonkers" - Tory MP Andrea Jenkyns SLAMS Rishi Sunak's Green Policies" video.
Energy spend by UK Consumers in 2021 was 30 billion this year it will be 170 billion There's 140 billion reasons to go net zero
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I thought he was a numbers man obviously not read the latest OBR report Quote The OBR concludes: the debt impact of future volatility in gas prices is at 13% of the UK gross domestic product (GDP) to 2050. This dwarfs the debt impact of 6% of GDP for investing in net zero. Second, it investigates the potential of new, growing energy solutions to cushion price volatility.25 Jul 2023 Quote With the energy price cap below £1,300 throughout 2021, UK households spent around £30 billion on energy during the year. In 2023 the projected spend is around £170 billion. This is equivalent to more than doubling the basic rate of income tax from 20% to 45% or almost doubling VAT from 20% to 38%. Just over 6% of GDP.
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They want the demand curve to not look like an upside down U enabling constant use will best suit a future grid
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@waynewinky2754 it's not the heating boilers that are the issue ban gas ovens and hobs You can get rid of peak demand grid gas by building more wind farms and installing tech like the Tesla mega pack arrays They've just done one in Calafornia cost 750 million will save 1 billion a year and they have relatively cheap gas to boot
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Quote The OBR concludes: the debt impact of future volatility in gas prices is at 13% of the UK gross domestic product (GDP) to 2050. This dwarfs the debt impact of 6% of GDP for investing in net zero. Second, it investigates the potential of new, growing energy solutions to cushion price volatility.25 Jul 2023 Quote With the energy price cap below £1,300 throughout 2021, UK households spent around £30 billion on energy during the year. In 2023 the projected spend is around £170 billion. This is equivalent to more than doubling the basic rate of income tax from 20% to 45% or almost doubling VAT from 20% to 38%. Just over 6% of GDP.
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@terryo5672 what nonsense we can run a house currently off near zero energy by adopting passive house standards yet according to you were decades away ? Net zero isn't 1 big supergrid it's thousands of small measures to eliminate fossil usage. Insulation of homes to reduce energy usage, move to more effective heating system using less energy such as underfloor, adopting solar thermal to supplement hot water generation, solar + battery to aid a meshed grid network, V2G for EV grid smoothing
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You don't seem to understand how any of this tech works or affects the grid or how quickly it will rapidly take over due to its substantial cost savings or how rapidly the development and the cost saving needle continues to fall. By adding about 300 MW of storage, ERCOT will generate approximately $1 billion in savings in 2025. This is from a one time purchase of 750 million (this is over in the states where gas prices are cheap) quote from Octopus who are also implementing a new FIT tariff With vehicle-to-grid, your EV can be used as a battery pack, letting you sell stored excess battery back to the grid when demand for energy is peaking. We’re trialling this tech now with our groundbreaking Powerloop bundle, one of the world’s first mass domestic V2G projects. @teryd5672n
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