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More Labour woes 🙄


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2 hours ago, Vince Green said:

No they weren't, we know that but Labour claimed (or at least implied) that they had the answers and would do better.

So Labour now have to be judged on what they said they could do.

So do that. Judge them by the investment they have already enabled and signed off. 

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3 hours ago, oowee said:

P&O storm in a tea cup and another example of the lack of experience of some of the new MP's. No doubt this will be turned around.

Which ever way you look at it it's been a cracking start for Kier in the first 100 days. A few nay sayers and a bit of first term wobbles but overall great news for UK plc. The Holtec project is particularly exciting. 

Iberdola £12bn for East Anglia 2 off the Suffolk coast. All down to unlocking the wind auction. 

Orsted £8bn additional offshore wind investment.

BW £300m for battery energy storage facility and EMR battery recycling centre both in Birmingham.

Green Volt £2.5bn off shore floating turbines a world first. 

SeAh £225m Teeside turbine blades manufacturing plant.

Holtec £335m in South Yorkshire for small and large advanced reactor testing, development and manufacture with Sheffield and Coventry research tech centres. 

 

3 hours ago, TIGHTCHOKE said:

Yes, but Oowee is not of this planet...............................

Hmm. I'm a righty but also like to weigh up the other side - is he correct on those comments?

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58 minutes ago, oowee said:

So do that. Judge them by the investment they have already enabled and signed off. 

core voters who put him in power are far bigger on workers rights than any investment to rebuke those speaking out on p&o shows starmer is thick as any brick! 

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3 hours ago, Vince Green said:

P&O weren't right but they were days away from collapsing anyway so there was never going to be a happy outcome for the UK work force unfortunately. 

In politics, as in business, sometimes you have to live in the real world and do what is necessary. Then move on.

Two and a half years later for a cabinet minister to be recommending to the public not to use a commercial company is just not acceptable behaviour and an abuse of office.

Right on all points 👍

4 hours ago, oowee said:

P&O storm in a tea cup and another example of the lack of experience of some of the new MP's. No doubt this will be turned around.

A Billion of investment gone is a very big tea cup!

The only way to turn it around is sack the TS saying it was her opinion not the government's then eat lots of humble pie.

But I'll bet she doesn't go quietly. 

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4 hours ago, oowee said:

P&O storm in a tea cup and another example of the lack of experience of some of the new MP's. No doubt this will be turned around.

Which ever way you look at it it's been a cracking start for Kier in the first 100 days. A few nay sayers and a bit of first term wobbles but overall great news for UK plc. The Holtec project is particularly exciting. 

Iberdola £12bn for East Anglia 2 off the Suffolk coast. All down to unlocking the wind auction. 

Orsted £8bn additional offshore wind investment.

BW £300m for battery energy storage facility and EMR battery recycling centre both in Birmingham.

Green Volt £2.5bn off shore floating turbines a world first. 

SeAh £225m Teeside turbine blades manufacturing plant.

Holtec £335m in South Yorkshire for small and large advanced reactor testing, development and manufacture with Sheffield and Coventry research tech centres. 

Yes investing in tripling our energy bills with huge subsidies from the bill paying public, great stuff.  

Edited by Weihrauch17
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2 hours ago, Dave-G said:

 

Hmm. I'm a righty but also like to weigh up the other side - is he correct on those comments?

That Holtec project for small Pressurised Water Reactor tech is particularly exciting with the partnerships with Sheffield and Coventry R&D. Good jobs in manufacturing with science. To be fair it was started some time back under the last government but the commitment by labour to nuclear will have made a difference. 

Ahead of the Government’s International Investment Summit, the major US nuclear giant, Holtec has announced a significant planned investment of £325 million into South Yorkshire to expand its nuclear operations. Economic analysis estimates that, on its own, this investment will generate at least £600m of Gross Value Added (GVA) to the region – creating more than 6,500 UK wide jobs.

But the size of the prize is potentially even larger. Analysis by former government economists at Bradshaw Advisory estimates impacts of up to £1.5bn GVA, and a future export market worth £178bn, are ready to be unlocked if Holtec is successful in GBN’s competition. Holtec’s senior US executive, Dr Rick Springman, who will attend the summit with the Prime Minister, Sir Keir Starmer on Monday said the company welcomed the UK’s mission to harness nuclear for energy security and net zero.

 

1 hour ago, Mice! said:

A Billion of investment gone is a very big tea cup!

 

You think its gone? 🤫 looks like the owner is coming to the summit now. 

1 hour ago, Weihrauch17 said:

Yes investing in tripling our energy bills with huge subsidies from the bill paying public, great stuff.  

Green energy is cheaper and sustainable. Your electric has gone up because gas has gone up because of the war. The future is coming one way or another and good that the UK can be at the forefront of tech. 

 

Edited by oowee
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23 minutes ago, oowee said:

That Holtec project for small Pressurised Water Reactor tech is particularly exciting with the partnerships with Sheffield and Coventry R&D. Good jobs in manufacturing with science. To be fair it was started some time back under the last government but the commitment by labour to nuclear will have made a difference. 

Ahead of the Government’s International Investment Summit, the major US nuclear giant, Holtec has announced a significant planned investment of £325 million into South Yorkshire to expand its nuclear operations. Economic analysis estimates that, on its own, this investment will generate at least £600m of Gross Value Added (GVA) to the region – creating more than 6,500 UK wide jobs.

But the size of the prize is potentially even larger. Analysis by former government economists at Bradshaw Advisory estimates impacts of up to £1.5bn GVA, and a future export market worth £178bn, are ready to be unlocked if Holtec is successful in GBN’s competition. Holtec’s senior US executive, Dr Rick Springman, who will attend the summit with the Prime Minister, Sir Keir Starmer on Monday said the company welcomed the UK’s mission to harness nuclear for energy security and net zero.

 

You think its gone? 🤫 looks like the owner is coming to the summit now. 

Green energy is cheaper and sustainable. Your electric has gone up because gas has gone up because of the war. The future is coming one way or another and good that the UK can be at the forefront of tech. 

 

Gas prices have come back down but energy bills haven't and mainly to do with the huge and ridiculous subsidies thrown at Green Energy.    

https://www.statista.com/statistics/1174560/average-monthly-gas-prices-uk/

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1 hour ago, Weihrauch17 said:

Gas prices have come back down but energy bills haven't and mainly to do with the huge and ridiculous subsidies thrown at Green Energy.    

https://www.statista.com/statistics/1174560/average-monthly-gas-prices-uk/

Bills have come down. The price cap came down for the summer but has gone back up so bills will rise for those who have not fixed.

Because your energy bill is linked to the price of gas futures there is a drag on prices for consumers. The green levy is less than 8% of your bill. It's surely worth paying for a better cleaner environment alone. Energy security is certainly worth having as this war gets closer to home. 

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20 minutes ago, oowee said:

Bills have come down. The price cap came down for the summer but has gone back up so bills will rise for those who have not fixed.

Because your energy bill is linked to the price of gas futures there is a drag on prices for consumers. The green levy is less than 8% of your bill. It's surely worth paying for a better cleaner environment alone. Energy security is certainly worth having as this war gets closer to home. 

We will never have energy security relying on the elements and we won't have any Industry left either.  I want my bills as cheap as possible, why should we pay a fortune for energy whilst China, India and the US carry on increasing their usage of fossil fuels.  This Govt will bankrupt the country for absolutely nothing.

British companies are paying the highest electricity prices of anywhere in the developed world, official data has shown. The cost of power for industrial businesses has jumped 124pc in just five years, according to the Government's figures, catapulting the UK to the top of international league tables.26 Sept 2024

Edited by Weihrauch17
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1 minute ago, Weihrauch17 said:

We will never have energy security relying on the elements and we won't have any Industry left either.  I want my bills as cheap as possible, why should we pay a fortune for energy whilst China, India and the US carry on increasing their usage of fossil fuels.  This Govt will bankrupt the country for absolutely nothing.

Certainly seems that way to me too.

And the rest of the world looks laughingly on?

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On 12/10/2024 at 17:10, Weihrauch17 said:

We will never have energy security relying on the elements and we won't have any Industry left either.  I want my bills as cheap as possible, why should we pay a fortune for energy whilst China, India and the US carry on increasing their usage of fossil fuels.  This Govt will bankrupt the country for absolutely nothing.

British companies are paying the highest electricity prices of anywhere in the developed world, official data has shown. The cost of power for industrial businesses has jumped 124pc in just five years, according to the Government's figures, catapulting the UK to the top of international league tables.26 Sept 2024

Where are these figures? Last I looked we were higher than most of Europe but below Germany and Denmark. Our prices inflated as we are still reliant on fossil fuels for production. 

I care very much about my environment. Just because some scuzzer down the road spits in the street does not mean I want to do the same. 

Where I do think the govt has taken a wrong turn is on the carbon capture project which is an uncosted open ended financial commitment. £22bn could have been better spent on insulating older homes and on environmental projects. 

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57 minutes ago, oowee said:

Where are these figures? Last I looked we were higher than most of Europe but below Germany and Denmark. Our prices inflated as we are still reliant on fossil fuels for production. 

I care very much about my environment. Just because some scuzzer down the road spits in the street does not mean I want to do the same. 

Where I do think the govt has taken a wrong turn is on the carbon capture project which is an uncosted open ended financial commitment. £22bn could have been better spent on insulating older homes and on environmental projects. 

https://www.energylivenews.com/2024/09/30/uk-has-worlds-highest-industrial-electricity-costs/#:~:text=The UK has the highest,energy affordability in the UK.

Highest prices because we use Fossil Fuels, nearly fell of my chair laughing.  

 

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1 hour ago, oowee said:

Where are these figures? Last I looked we were higher than most of Europe but below Germany and Denmark. Our prices inflated as we are still reliant on fossil fuels for production. 

I care very much about my environment. Just because some scuzzer down the road spits in the street does not mean I want to do the same. 

Where I do think the govt has taken a wrong turn is on the carbon capture project which is an uncosted open ended financial commitment. £22bn could have been better spent on insulating older homes and on environmental projects. 

Mm, insulation for older homes?

Grenville Tower and others?

Roof insulation that fails surveys and has to be removed prior to sale?

Cavity wall insulation that bridges wall ties causing damp ingress?

Needs careful research and installation?

Environmental projects? What about continuing economic meltdown by continuing to chase the meaningless Zero? 

🤔🤔🤔🤔

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8 minutes ago, old man said:

Mm, insulation for older homes?

It is difficult and most 'contractors' don't understand the risks of damp and condensation when insulating and draught proofing older properties. 

I did as much as my architect advised in my house (300 years old with a more recent extension - itself now nearly 200 years old).   Apart from the costs of a proper conservation architect, the costs of getting listed building consent, the (huge) cost of the materials the listed buildings people insist on - there is quite limited scope for big savings in heat loss - and if not very careful, huger risks of causing serious damp and decay issues down line.

Old buildings need to 'breathe' and keeping that happening without loosing heat is a challenge.

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1 hour ago, Weihrauch17 said:

Interesting data. A year ago costs were higher in Germany than the UK. 

The UK's energy prices are high due to a number of factors, including: 
So the question remains why are prices so high in the UK. Our electricity price is set by the price of gas. The price of gas has gone up. 
1 hour ago, JohnfromUK said:

It is difficult and most 'contractors' don't understand the risks of damp and condensation when insulating and draught proofing older properties. 

I did as much as my architect advised in my house (300 years old with a more recent extension - itself now nearly 200 years old).   Apart from the costs of a proper conservation architect, the costs of getting listed building consent, the (huge) cost of the materials the listed buildings people insist on - there is quite limited scope for big savings in heat loss - and if not very careful, huger risks of causing serious damp and decay issues down line.

Old buildings need to 'breathe' and keeping that happening without loosing heat is a challenge.

I don't doubt the issues raised but it must be better to cut waste energy as a priority.  

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25 minutes ago, oowee said:

Interesting data. A year ago costs were higher in Germany than the UK. 

The UK's energy prices are high due to a number of factors, including: 
So the question remains why are prices so high in the UK. Our electricity price is set by the price of gas. The price of gas has gone up. 

It is set by the price of electricity which costs the most (produced by Gas AFAIK).  I was aware of 'Marginal Pricing' meaning the Bill payer gets absolutely no benefit from the claimed cheaper green energy they give huge subsidies to, just the energy generator creaming it.  Not sure who thought that strategy was a good idea but they certainly were not acting in the interests of the consumer.

From Ofgem's website.

Components of a typical energy bill

The July to September 2024 price cap consists of:

  • 39% wholesale costs of energy
  • 23% network costs
  • 14% operating costs
  • 12% policy costs (levies to support low carbon generation, energy efficiency and vulnerable customers)
  • 5% VAT
  • 5% assumed suppliers (profit) margin
  • 4% other costs.

In the first half of 2023 all of the ‘big five’ energy suppliers (which had reported) saw substantial increase in their profits.

Seems everyone is on the bandwagon ripping us off, all approved by Ofgem who are totally unfit for purpose.

 

Edited by Weihrauch17
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7 minutes ago, Weihrauch17 said:

It is set by the price of electricity produced by Gas AFAIK.  I was aware of that meaning the Bill payer gets absolutely no benefit from the claimed cheaper green energy they give huge subsidies to, just the energy generator creaming it.  Not sure who thought that strategy was a good idea but they certainly were not acting in the interests of the consumer.

From Ofgem's website.

Components of a typical energy bill

The July to September 2024 price cap consists of:

  • 39% wholesale costs of energy
  • 23% network costs
  • 14% operating costs
  • 12% policy costs (levies to support low carbon generation, energy efficiency and vulnerable customers)
  • 5% VAT
  • 5% assumed suppliers (profit) margin
  • 4% other costs.

In the first half of 2023 all of the ‘big five’ energy suppliers (which had reported) saw substantial increase in their profits.

Seems everyone is on the bandwagon ripping up off, all approved by Ofgem who are totally unfit for purpose.

 

The more green we get into the system the less the demand for gas the cheaper our fuel will be. To a point. There is currently a price being paid to input energy from solar / battery and in some instances prices being paid to use energy or not generate. Much of this seems to come from the emerging technologies being attached to old grid infrastructure. As the grid gets smarter and the opportunity to balance the grid gets easier I understand that (read) that these payments will reduce. Energy shifting will be more important than generation. I only say that as I am trying to decide if to invest in more solar or more battery. 

Whatever we do we need more base load. This is why the project £325m from Holtech is so important to the UK. 

https://www.theguardian.com/business/2024/oct/10/green-energy-firms-promise-more-than-24bn-of-private-investment-in-britian

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10 hours ago, oowee said:

The more green we get into the system the less the demand for gas the cheaper our fuel will be. To a point. There is currently a price being paid to input energy from solar / battery and in some instances prices being paid to use energy or not generate. Much of this seems to come from the emerging technologies being attached to old grid infrastructure. As the grid gets smarter and the opportunity to balance the grid gets easier I understand that (read) that these payments will reduce. Energy shifting will be more important than generation. I only say that as I am trying to decide if to invest in more solar or more battery. 

Whatever we do we need more base load. This is why the project £325m from Holtech is so important to the UK. 

https://www.theguardian.com/business/2024/oct/10/green-energy-firms-promise-more-than-24bn-of-private-investment-in-britian

Sorry to disagree but nothing planned or instituted here in the UK is ever done for the benefit of the ordinary population, it's all about revenue generation and huge profit for the few who controll the means?

Aided and abetted by the cretins who gave away control to the few?

It's maybe a shame there is no crime for such action against the  general population?

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3 hours ago, old man said:

Sorry to disagree but nothing planned or instituted here in the UK is ever done for the benefit of the ordinary population, it's all about revenue generation and huge profit for the few who controll the means?

Aided and abetted by the cretins who gave away control to the few?

It's maybe a shame there is no crime for such action against the  general population?

We've exported most of our heavy industry jobs to benefit other countries to fit the green mantra... which suggests to me that green was a hidden agenda many years ahead of the 'green thing'

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6 hours ago, Dave-G said:

We've exported most of our heavy industry jobs to benefit other countries to fit the green mantra... which suggests to me that green was a hidden agenda many years ahead of the 'green thing'

Just the result of lazy politicians, given away so that no effort required to manage anything. More trough time resulting?

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oowee - you have rattled off an impressive list. Were these deals started before Labour took power and but signed off after? Or were they conceived and concluded in the very short period after the election? It seems remarkably quick - bit like the numpty Cooper claiming she had smashed one gang and deported Vietnamese - despite all the work being done before the election.

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