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They first claimed that decarbonisation and economic growth go hand-in-hand. But data from OWID shows that faster decarbonisation leads to slower growth (2/n)
Starting with the six offshore wind farms that have received most subsidies under the ROC scheme: Greater Gabbard, Gwynt y Mor, London Array, Race Bank, Sheringham Shoal and West of Duddon Sands (WODS). (2/n)
Breakdown of the insanity:
It's true that gas prices spiked in March at the opening of hostilities with Iran, and electricity prices rose too (2/n)
LCOE sums up all capital and operating costs over a plant’s lifetime, discounts them, and divides by total electricity generated. Result: £/MWh or p/kWh in a chart like Lazard's below. Sounds scientific… until you look closer. (2/19)
Looking first at UK coal reserves and resources. Euracoal has estimated we're sitting on 3,560 million tonnes of hard coal resources & 1,000Mt of lignite. Plus 277Mt of economically recoverable hard coal reserves. Plenty to go at (2/n)
Not a single Labour, Liberal Democrat, SNP, Reform or Restore Britain MP voted in favour. This decision came at a dangerous time – amid a the largest ever energy shock triggered by the war in Iran. (2/15)
They also claim achieving Net Zero is “more cost-effective” than continued reliance on fossil fuels in all scenarios (2/13)
Recap: Last year I asked if we'd hit "Peak Pink Octopus" after news of spinning off Kraken (their tech platform) at £10bn, valuing the whole group at £15bn. It smelled like hype before a sale which was borne out by the actual valuation of ~£6.7bn. (2/10)https://x.com/7Kiwi/status/1949387045195088176?s=20
Labour MPs boast about "secure" renewables & wind power, while Starmer signs us up to stricter EU Net Zero rules. But govt control of energy is leading to energy austerity & poor economic performance. How far down the road to serfdom are we? (2/11)https://x.com/TrisOsborneMP/status/2017624756644716962?s=20
First up, Labour promised a £300 cut in bills at the election. They also claimed they would reduce bills by £150 in April, but the reality is a reduction of just £117. So both Labour's promises were lies (2/n)
Over the past few weeks the government has released the results of the AR7 and AR7a renewables auctions and celebrated the creation of up to 17,000 jobs. But more jobs in electricity generation is not a goodie thing - akin to digging holes and filling them in again (2/n)
AR7a awarded contracts for 4.9GW of new solar at a clearing price of £68/MWh (in 2025 prices), 1.3GW of onshore wind at £75/MWh and a further 21MW of tidal stream capacity. (2/n)
Scroby Sands is a relatively small 60MW offshore windfarm. In 2023 one of the 30 turbines caught fire and owner RWE has decided to decommission that single turbine (2/n)
Many green blobbers have got very huffy about my report for the IEA looking into the various estimates of the cost of Net Zero (2/n)
2025 was a record year, with £2.6bn paid out, up from £2.4bn in 2024. Offshore wind took the lion's share of over £2bn, with tree-burning taking £428m, dedicated biomass £118m. Onshore wind took 67m and solar £0.1m. (2/n)
So, what happened? A total of 8.4GW of offshore wind was awarded contracts. Of this 8.2GW was fixed-bottom at an average of £91/MWh in 2024 prices, with 0.2GW of floating at £216/MWh. But these prices show the price of offshore wind is rising (2/n)
The central claim of their clip was that solar is a “very cheap and affordable way to generate electricity”. But in the UK at least, that claim is manifestly untrue. Solar is in fact very expensive (2/n)https://x.com/RestIsPolitics/status/2002035470943854731?s=20
As it's Christmas, the season of goodwill, we should begin with the Prince Charming, Snow White and Cinderella of energy policy, namely Richard Tice, Kemi Badenoch and Claire Coutinho who together have collapsed the cosy consensus supporting Net Zero (2/n)
The press reported that NESO's Holistic Transition to Net Zero would cost £350bn more than Falling Behind. The used this chart as evidence (2/n)