Why Is UK Energy So Expensive? 2/3 of Your Bill Isn’t Energy! | FarmTheory News S2E4

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  • Опубликовано: 14 дек 2024

Комментарии • 35

  • @roymclean4763
    @roymclean4763 21 час назад +4

    According to a friend working in the local power station their modern gas turbine only achieves 30% efficiency rather than the normal 60. This is because they have to constantly vary the load due to fluctuating renewable energy. When the renewable is contributing they are converting their power to heat up the chimney.

  • @RichYarwood-q5v
    @RichYarwood-q5v 17 часов назад +2

    Superb explanation and presentation Andrew.

  • @caffrey9762
    @caffrey9762 23 часа назад +7

    Are Ancestors survived grand for hundreds of thousands years with out Governments & their policies & their power supplies. It's only in the last hundred years, people have come dependant on Governments. I was born in 1984 Wicklow & many people were able to survive grand with out having a shower every day, turning all the lights on in the house, even during the day. Lighting the cities & streets up, like a USA football stadium. I fly to North Africa regularly & people don't waste power there, like we do in Europe. We are spoilt rotten in Northern western Europe

  • @jonathanwaugh5216
    @jonathanwaugh5216 13 часов назад +1

    Great content. Well delivered

  • @DeanLee1
    @DeanLee1 21 час назад +4

    Our electricity contract ended in August 2022.
    We had the choice of going variable rate (which was something close to £1/kWh) or signing up at 85p/kWh for a year or 50p/kWh for 3 years.
    We signed up for 3 years (couldn't afford the others!) so we are still paying 50p/kWh 😥
    Looking forward to the end of August 2025 !!!

  • @BarryShaw-r2m
    @BarryShaw-r2m 23 часа назад +1

    Excellent reporting sir.....

  • @tempcadoganenright
    @tempcadoganenright 14 часов назад +1

    have a look at the Departments website and it says renewables are about 3p per kilowatt and gas 11.5 p. That is accurate. The additional costs are because of the privatisation of the energy market and the trading system. . The real problem for farmers in NI is that the cost of connection to the grid is extortionate compared to the rest of Europe AND/ OR connection is not possible across most of the North so farmers cannot diversify into renewable energy,

    • @FarmTheoryNI
      @FarmTheoryNI  Час назад

      Renewables should be cheap and could be cheap but companies are gouging consumers. Look at the offshore wind contract the UK government signed. Minimum price of £80/mwh

  • @vxnova1
    @vxnova1 22 часа назад +4

    France has got it right here, vast majority of,power by nuclear, and a little wind hydro and solar, Not dependent on foreign oil or gas,

    • @PaulMULVILLE-u5m
      @PaulMULVILLE-u5m 20 часов назад

      Absolutely, but the decision to go nuclear dates back over 50 years. Hard to catch up on that...

  • @GeoffreyMoore-i9k
    @GeoffreyMoore-i9k 23 часа назад +1

    What another great, eye opening, informative and educational update/farm theory news
    Watched your appearance on Fed By Farmer's podcast, just as randomly educational with humour mixed in
    Keep producing these superb videos
    Back UK farmer's 🇬🇧
    Protect the industry from the government
    Pig farmer's freeing the sausages to China lol
    Take care all
    Geoff

  • @james98547
    @james98547 19 часов назад +1

    It's no surprise that 2/3 has nothing to do with the cost of production on our farm we were with BG 100 percent renewal and one year to the next price doubled I struggled to understand how renewable costs went up that much

    • @finbarreburn5112
      @finbarreburn5112 15 часов назад

      Otherwise known as
      Price Gouging 💰 😠 😡

  • @77bountiful
    @77bountiful 23 часа назад +1

    Martin Lewis really needs to hear the energy facts you've shared Andrew. He's a 'fighter' that faces the government with facts and I'd be surprised if he knew the ones you quoted in this video. I'd love to hear him challenge them with the amunition you've provided. Thank you for keeping it fairly simple to understand the facts on energy in the UK.

    • @finbarreburn5112
      @finbarreburn5112 15 часов назад +1

      Btw,
      Who's paying his (ML's) wages but
      The British Broadcasting 'Corporation',
      #CorporateCapture'
      🤔 😠 💰

    • @VinoVeritas_
      @VinoVeritas_ 5 часов назад

      ​@@finbarreburn5112 Martin Lewis doesn't work for the BBC. 🤦‍♂️

    • @finbarreburn5112
      @finbarreburn5112 2 часа назад

      @@VinoVeritas_
      BBC, ITV,CH4
      Take your pick 👍

  • @richardcorbett8431
    @richardcorbett8431 14 часов назад +1

    Drill baby drill !

  • @JohnSAgri
    @JohnSAgri 21 час назад +1

    Brilliant Andrew! I wouldn't fall out with Chat GPT. It might come for you one day haha

    • @FarmTheoryNI
      @FarmTheoryNI  51 минуту назад

      Good advice. 😂 I may apologise too it. 😂

  • @jrstrande4890
    @jrstrande4890 13 часов назад

    Holy cow, that intro. Did you move to the US Midwest? Def sounds like something from my neck of the woods

    • @FarmTheoryNI
      @FarmTheoryNI  Час назад

      Not sure if that means it was good or bad. 😂

    • @jrstrande4890
      @jrstrande4890 5 минут назад

      @FarmTheoryNI it was good but unexpected. Was it AI generated?

  • @ToriPhillips-u6g
    @ToriPhillips-u6g 7 часов назад

    I refuse to pay it! Haven't paid since 2020

  • @alanmcguinn
    @alanmcguinn 13 часов назад

    Pay me now or pay me double later. Energy grid needs to be updated. Full stop.
    The true costs lie with planning and development. Overhaul the planning laws and you'll see the price of "green" energy plummet. If you do it right it becomes import substitution, keeping all the money in the domestic market and ploughing it back into the economy rather than sending it to the US or Russia by buying their LPG

    • @FarmTheoryNI
      @FarmTheoryNI  Час назад

      We could have our own gas

    • @alanmcguinn
      @alanmcguinn 34 минуты назад

      For how long and at what cost? Do you realise how much it costs to develop that infrastructure? In the long term it's far cheaper to invest in renewable energy, it's far more economically sustainable the issue of intermittency will be worked out, as they were with the fossil fuel grid.