Earlier quoted context omitted.
Unfortunately, Denmark has many of the same winds as the UK, so on the exact same days the UK has excess power, Denmark doesn't need power...
But this promote better flow to Norway that has the hydropower, ultimately making more profit to the Energy Companies there. Sell expensive hydro energy when there is no wind, buy cheap wind energy at night when no pnes need it and pump water to the reservoirs. It would be good to see how this cable was lobbied and some estimates in the gain in profit the multinational energy companies are making. Or did everyone thi…
UK announces commercial operations of longest land/subsea interconnector
121–130 of 142 posts
Re: UK announces commercial operations of longest land/subsea interconnector
#122Earlier quoted context omitted.
That's a very recent phenomenon though right? Presumably the current rates of inflation have a big impact. It wasn't so long ago that we were seeing record low strike prices being accepted for offshore wind, down to about £40/MWh.
It’s mostly the fact that the more wind you build the less each turbine will make in profit as in general they all spin at the same time pushing the prices down when they produce electricity. The solution is to increase demand during those moments and thus these new interconnects to Denmark and Norway. Other option is to build storage or new consumption (hydrogen, ammonia, e fuels, etc)
Re: UK announces commercial operations of longest land/subsea interconnector
#123Earlier quoted context omitted.
That's a very recent phenomenon though right? Presumably the current rates of inflation have a big impact. It wasn't so long ago that we were seeing record low strike prices being accepted for offshore wind, down to about £40/MWh.
There are a couple of things which are misleading about the quoted CfD strike prices. Firstly they are in 2012 prices. Secondly, they are inflated by CPI every year which means the market prices then lower than a true fixed price would be priced. Thirdly, in all rounds prior to the most recent round, what was granted by govt were actually options to enter into a CfD, so developers were able to walk away and replace C…
Is there anywhere I can read about these arrangements? It would be really interesting to know the true cost per mWh delivered from some of these schemes.
Re: UK announces commercial operations of longest land/subsea interconnector
#124Earlier quoted context omitted.
Unfortunately, Denmark has many of the same winds as the UK, so on the exact same days the UK has excess power, Denmark doesn't need power...
But this promote better flow to Norway that has the hydropower, ultimately making more profit to the Energy Companies there. Sell expensive hydro energy when there is no wind, buy cheap wind energy at night when no pnes need it and pump water to the reservoirs. It would be good to see how this cable was lobbied and some estimates in the gain in profit the multinational energy companies are making. Or did everyone thi…
F the entire thing.
Re: UK announces commercial operations of longest land/subsea interconnector
#125Earlier quoted context omitted.
But this promote better flow to Norway that has the hydropower, ultimately making more profit to the Energy Companies there. Sell expensive hydro energy when there is no wind, buy cheap wind energy at night when no pnes need it and pump water to the reservoirs. It would be good to see how this cable was lobbied and some estimates in the gain in profit the multinational energy companies are making. Or did everyone thi…
This shit has ruined the Norwegian electricity market and wrecked havoc on the prices. Norway has an insane amount of hydro which is cheap but the market price has gotten very expensive because of European idiocy and this common market the Europeans are working for. F the entire thing.
Re: UK announces commercial operations of longest land/subsea interconnector
#126Earlier quoted context omitted.
Currently it’s only 800MW at 525KV but eventually they’ll bump that to 1,400MW so 2,700A if my math is right?
It’s bipolar (+- 525 kV) according to W
Re: UK announces commercial operations of longest land/subsea interconnector
#127Are there any safety concerns around 1.4GW flowing through a cable surrounded by salt water? I’m entirely uneducated in the ways of zap juice, but that sounds like a recipe for spontaneous electrocution if that cable breaks anywhere.
Re: UK announces commercial operations of longest land/subsea interconnector
#128So it has a payback period of over 3 decades. Lots of talk of all the resources spent building it, only the carbon savings of usage. I wonder how long the carbon payback is. In an era of rapidly improving renewables, this doesn't seem like picking low-hanging fruit.
It's done by NGV, which was described as: NGV develops, operates and invests in energy projects, technologies and partnerships to accelerate the development of our clean energy future. Maybe they're one of those places which invests in developing infrastructure tech, to pave the way for subsequent generations?
Re: UK announces commercial operations of longest land/subsea interconnector
#129Earlier quoted context omitted.
sigh The UK’s net EU budget contribution in 2014 was £9.8 billion https://commonslibrary.parliament.uk/research-briefings/cbp-... Meanwhile the UK exported $276 billion worth of good to the EU more than half of its total https://www.worldstopexports.com/united-kingdoms-top-import-... Not counting anything else just these two we could say the EU had a 3.6% tariff on UK imports (insanely low! check https://www.wto.org/…
> The UK’s net EU budget contribution in 2014 was £9.8 billion the state’s budget contribution. aka taxes and other income of the state. > Meanwhile the UK exported $276 billion worth of good to the EU more than half of its total not the UK, not the state. the opposite. the private sector.
Re: UK announces commercial operations of longest land/subsea interconnector
#130So it has a payback period of over 3 decades. Lots of talk of all the resources spent building it, only the carbon savings of usage. I wonder how long the carbon payback is. In an era of rapidly improving renewables, this doesn't seem like picking low-hanging fruit.
That's quite good for infrastructure, considering that it operates for hundreds of years - that's the age for most bridges, tunnels, etc.