From NOT A LOT OF PEOPLE KNOW THAT
By Paul Homewood
h/t Ian Magness
Two years late is better than nothing, I suppose Telegraph:
Labour’s net zero levies will become the main driver of household energy bills next year, overtaking gas prices for the first time, analysts have warned.
Green taxes as well as upgrades to the electricity grid will account for 60pc of energy bills from April 2026, Cornwall Insight said – far outweighing the actual cost of energy.
The shift undermines claims by Ed Miliband, the Energy Secretary, that gas prices are the primary cause of high bills. He has previously said that bills were high “because of our dependence on fossil fuels”.
Craig Lowrey, from Cornwall Insight, said: “Wholesale prices are no longer the main story. The real pressure is coming from rising non-energy costs, with levies and policy decisions associated with that investment in renewables driving up bills.”
Household energy bills will surge to more than £1,800 next spring, Cornwall Insight predicted, partly because of the cost of upgrading the UK’s pylons, power cables and substations.
Full story here.
With annual renewable subsidies running at around £20 billion, these alone make up a quarter of your bill. Grid upgrades will soon push bills up further.
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But renewable energy is free. Just ask Nick.
Nick….?
Oh, the energy’s free, but capturing it is damned expensive!
And covering it’s intermittency more so.but Nick tells us eventually it will get cheaper 🙂
As Don Boudreaux of Cafe Hayek says, there are no natural resources, only raw resources, which require time and effort to become usable resources.
I live in BC and we have an abundance of the natural resource water, which powers the large system of hydroelectric dams. Electricity costs CDN 11 cents per kWh.
I pay 0.15+. Actually we have been a bit short of water in the winter. Importing in the coldest weather.
No you do not. You have an abundance of the raw resource water, but it takes dams and generators and transmission lines to make it a usable resource.
Otherwise your price would be CDN 0 cents per kWh.
You don’t understand, Miliband is going to free us from electricity price volatility [after making it six times more expensive].
And….
More job losses because of energy prices and anti-oil/gas policies; Fife plant to close.
Guido reports.
“Exxon Boss: ‘Deliberate’ Labour Policies Crushing Business”
Guardian reports.
“This afternoon I spoke with Paul Greenwood, the chair of Exxon. He assured me that Exxon are not suggesting that this closure was due to a lack of action or will on behalf of the government. It was a commercial decision made where the numbers simply didn’t add up.”
When it comes to “green energy”, the numbers never did. Hence the government susidies…
The real pressure is coming from rising non-energy costs, with levies and policy decisions associated with that investment in renewables driving up bills.”
Or in short: The real pressure is coming from their ‘unsackable’ man in the cabinet’; Ed Miliband.
“Keir Starmer humiliated as it emerges he tried and failed to sack Ed Miliband in reshuffle’. – Daily Express
He’s been to Belem twice during CoP 30; there and back again as Bilbo might say.
“Ed Miliband, the UK’s energy secretary, told the Tuesday press conference: “This is a global coalition, with global north and global south countries coming together and saying with one voice: this is an issue which cannot be swept under the carpet. We are all saying very clearly that this issue must be at the heart of this conference.”
More than 80 countries at Cop30 join call for roadmap to fossil fuel phase-out. – The Groan
But Ed’s predeliction for the good life is nothing compared to the quantum singularity in a suit leading the party and the nation:
Never here, Kier
Starmer is in Berlin tonight for a dinner with E3 leaders. He is on track to reach potential a milestone – 25 foreign visits in 2025… – Guido Fawkes.
And a dose of cold hard reality
ExxonMobil Chairman Paul Greenwood has directly hit out at Labour over its business-bashing policies. Last night the global energy giant announced plans to close its manufacturing plant in Fife, putting hundreds of jobs at risk…
Greenwood pinned the blame squarely on Labour, saying their policies have stripped the UK of the low-cost operating environment and competitive market conditions needed to keep the site viable. He said on the Today Programme:
Guido
We’re still all in. Like it or lump it.
Stammer is fake and gay.
In the Green model ficton, renewables are the cheapest. Just check their models!
Or the delusion of “LCOE.”
“Levelised” as in “omitting most of the cost to make wind and solar APPEAR ompetitive.”
From the article: “Household energy bills will surge to more than £1,800 next spring,”
This is a little confusing. Over what period of time are they talking about? Per month? Per three months? Per year?
It says spring which in the UK would be March next year so 5-6 months
Yes, but £1800 over what interval — per month, per three months, per year?
Annual
It is the UK’s policies STOPPING THE DEVELOPMENT OF fossil fuels that drove prices up. So the cause of high energy prices is not “dependence on fossil fuels” (since they ALWAYS WILL BE dependent on fossil fuels, ultimately), but the stupidity of refusing to develop the affordable and reliable fossil fuel energy and instead attempting to substitute unaffordable and unreliable wind and solar energy in its place.
It’s arguable that Ed is right. Stop using energy, and the price will drop to £0.00.
Miliband is either a deluded fool or a barefaced liar. In both cases he should not hold the position he does.
Can he not be both simultaneously?
No – you can either be an incompetent destroyer or a deliberate skill saboteur.
You can’t be both.
Considering that people like Milliband used to be a rare exemption in politics throughout world history(It is highly unlikely for deluded fools to get anywhere near the top of politics)
but are now the rule in western countries,
it becomes obvious that barefaced liars, or as the WEF calls them: young leaders, are being put into those positions by design.
Of course Klaus Schwab has successfully debunked this crazy conspiracy claim by saying
” What ee are very proud of, is that we penetrate the cabinets of countries with our young leaders”
“Penetrate” is right.
“No – you can either be an incompetent destroyer or a deliberate skill saboteur.
You can’t be both.”
That wasn’t the question. “Miliband is either a deluded fool or a barefaced liar.” was the statement, and yes, he can be both.
Thank you, Jeff. I think I’m in agreement with you there. Ed has a bad case of cognitive dissonance.
It looks like the UK will have fully embraced a third-world culture at exactly the same time it becomes a third-world economy. A nice, smooth, non-violent (wrt an overthrow of government) transition. Progressives have perfected regressivism.
You’re almost there in understanding that green taxes become a major budget crutch when they are underpinning unrelated projects like light rail in Seattle or high-speed rail to nowhere in California.
There are many factors that determine the price of gas, there is only one determining your tax rate. Remove government control of our energy i.e. fees, fines, tax preference, subsidies, grid preference, payment for not producing, mandates, guaranteed pricing, forced market choices, generator closures, resource development interference and watch energy prices plummet. We are suffering from a purely political boondoggle.
Yes. But who is really at fault here?
The whole thing about gas prices making electricity expensive is totally misleading. Britain is blessed with enormous gas reserves literally under our feet. But we can’t use this because of the Net Zero mind virus.
Here’s the real comparison between gas and renewables:
Option 1: get infected by the NZ mind virus and use the most inefficient, unreliable and costly energy possible. Sadly, this is what has actually happened.
Option 2: use our huge gas reserves as the main source of electricity generation and don’t use ruinables at all. When fully developed via fracking, natural gas would be abundant and cheap (assuming of course that the government doesn’t screw it up). I’m pretty sure electricity would be far cheaper, making the UK economically strong and allowing people, especially the poor, to heat their homes economically. Right now the UK is freezing cold but there are many people who have to make tragic decisions between being warm and having enough to eat.
If, twenty years ago, we had gone for Option 2, the UK would be a far, far better place than it is now. But the Net Zero mind virus is slowly destroying our country. In the UK electricity is pretty well the most expensive in the world. Our only hope is a Reform government, but that’s still years away.
Yes, there is a climate crisis. But it’s not caused by the climate, far from it. It’s caused by mad policies by governments who are completely deluded into thinking they are “saving the planet”. The planet doesn’t need saving. But the humans who live on it certainly do need to be saved from this madness.
Europe is paying one of the highest energy bill on the world. How is it possible the grid need to be upgraded? Where did all the money went of the past decades? Most countries grid is old, you pay the highest taxes and levies but get old infrastructure in return. How does a country like Ukraine keeps the lights on (pre-war) at those ridiculous low prices? Do they have a magical grid?