NESO has announced plans to spend £112bn on grid expansion to 2035. This is to connect remote and diffuse windfarms to the grid. We have to pay for this through our bills, all while being gaslit into believing renewables are cheap.

If the UK wholesale electricity prices are lower than the EU max most of the time, how come we have the highest industrial electricity prices? Must be all those "cheap" renewables.

The 7th Carbon Budget is based on fantasy costs for renewables. £38/MWh in 2030 for offshore wind, when AR6 awarded new offshore at £82/MWh for fixed bottom & £195/MWh for floating. AR7 is offering £246/MWh (all 2024 prices) for floating, some 6.5X CCC estimates. Away with the fairies🦄🌈

The political consensus on Net Zero has just collapsed. Not before time.

www.telegraph.co.uk/politics/202...

The CCC made lots of errors in its latest report, not least using renewable electricity costs that are many times lower than what is being offered in renewables auctions. Now we find their storage calcs are way too low. Again. Total insanity. (7/7)

2010 was the worst year in a multi-year wind drought from 2009 to 2011, so they have deliberately under-sized the storage we need to keep the lights on (6/n)

But it gets worse, they didn't even look at the worst year on record. They used 1987 as a 1-in-20 year stress test, when they admit that 2010 was a 1-in-50 year event (5/n)

Fast forward to this year, and @elpinchbeck.bsky.social of the CCC has made the same mistake in its 7th Carbon Budget, considering only a single low wind year (4/n)

Then CEO of the CCC, @chrisstark.bsky.social (now head of Miliband's Mission Control) admitted they had made a mistake in only considering a single year of data when calculating how much electricity storage we would need (3/n)

Back in 2023, the @royalsociety.org produced a report on Long Term Storage and found that we sometimes get back-to-back low wind years that means a renewables heavy grid needs lots of storage to keep the lights on (2/n)

We now have proof that
@thecccuk.bsky.social is the living embodiment of insanity. A thread 🧵(1/n)

The T264 has a 62-litre V12, 2,700hp internal combustion engine as well as an electric drive.

www.liebherr.com/en-int/p/t26...

All is not well in Mad Miliband's fantasy energy world. He's consulting on how to make it easier to give more money to offshore wind developers: CfD contracts without planning permission, changes to the budget and contract extensions so they get more money.

www.gov.uk/government/c...

Much higher ratio in the UK, because we have expensive renewables. The levies are put on electricity because that's what is being subsidised through ROC's, FiTs & CfDs, with extra network costs on top.

CfD-funded offshore wind cost us £154/MWh in 2024, compared to market rate of £67/MWh. Floating offshore wind and tidal stream power were awarded much more expensive contracts in AR6. Marine technology is the road to energy serfdom.

open.substack.com/pub/davidtur...

£14.5bn of costs divided across 143TWh of generation is over 10p/kWh. That's the reason why we have the most expensive electricity in the IEA.

New article and thread coming Sunday about @neso-energy.bsky.social's very own margin call on January 8th and the accuracy of their Winter Outlook.

"There are three ways to make a living in this business: be first, be smarter, or cheat."

Are they smart or have they been cheating?

In 2024, 56% of revenue for CfD funded offshore wind farms came from subsidy. On average £86/MWh. Without subsidies these monstrosities would not exist.

Full data for CfD subsidies in 2024 has now been released (subject to minor revision). A record year with subsidies of £2.37bn. Overall generators received more than half their revenue from subsidies. December 2024 was the second highest month on record with £259.8m paid out