In message , The Natural Philosopher
writes:
[]
The phrase that springs to mind is opportunity cost. It cost the same
to have a nuclear power station shut down as it does to run it.

EDF reckon the manufactured fuel rods complete are no more than 16% of
the cost of the final electricity.

Thanks, that's at least a (reasonably) hard figure. Useful to have.
[]
(you will see that hydro power peaks after heavy rain in Scotland:
normally hydro sells into the 'expensive, we-need-power-in-a-hurry'
market for the early morning and early evening peaks).

If windmills weren't guaranteed income, they would compete in that
market to.

Do the conditions of their subsidy _prevent_ them from doing so?


--
J. P. Gilliver. UMRA: 1960/1985 MB++G()AL-IS-Ch++(p)Ar@T+H+Sh0!:`)DNAf

If Microsoft is to succeed at stealing your car and replacing it with a taxi -
Mayayana in alt.windows7.general, 2015-12-4

On 25/07/16 22:27, J. P. Gilliver (John) wrote:
In message , The Natural Philosopher
writes:
[]
The phrase that springs to mind is opportunity cost. It cost the same
to have a nuclear power station shut down as it does to run it.

EDF reckon the manufactured fuel rods complete are no more than 16% of
the cost of the final electricity.

Thanks, that's at least a (reasonably) hard figure. Useful to have.
[]
(you will see that hydro power peaks after heavy rain in Scotland:
normally hydro sells into the 'expensive, we-need-power-in-a-hurry'
market for the early morning and early evening peaks).

If windmills weren't guaranteed income, they would compete in that
market to.

Do the conditions of their subsidy _prevent_ them from doing so?

Yes and no. They are guaranteed a price over and above fair market price.

https://en.wikipedia.org/wiki/Renewa...United_Kingdom)

essentially an artificial market in renewable energy has been created.



--
A lie can travel halfway around the world while the truth is putting on
its shoes.

In message , The Natural Philosopher
writes:
On 25/07/16 22:27, J. P. Gilliver (John) wrote:
In message , The Natural Philosopher
writes:
[]
The phrase that springs to mind is opportunity cost. It cost the same
to have a nuclear power station shut down as it does to run it.

EDF reckon the manufactured fuel rods complete are no more than 16% of
the cost of the final electricity.

Thanks, that's at least a (reasonably) hard figure. Useful to have.
[]
(you will see that hydro power peaks after heavy rain in Scotland:
normally hydro sells into the 'expensive, we-need-power-in-a-hurry'
market for the early morning and early evening peaks).

If windmills weren't guaranteed income, they would compete in that
market to.

Do the conditions of their subsidy _prevent_ them from doing so?

Yes and no. They are guaranteed a price over and above fair market price.
[]
essentially an artificial market in renewable energy has been created.

But, if the spot price goes above even their guaranteed price, are they
forbidden to chase that?


3
--
J. P. Gilliver. UMRA: 1960/1985 MB++G()AL-IS-Ch++(p)Ar@T+H+Sh0!:`)DNAf

What a strange illusion it is to suppose that beauty is goodness. -Leo Tolstoy,
novelist and philosopher (1828-1910)

On 28/07/16 19:20, J. P. Gilliver (John) wrote:
In message , The Natural Philosopher
writes:
On 25/07/16 22:27, J. P. Gilliver (John) wrote:
In message , The Natural Philosopher
writes:
[]
The phrase that springs to mind is opportunity cost. It cost the same
to have a nuclear power station shut down as it does to run it.

EDF reckon the manufactured fuel rods complete are no more than 16% of
the cost of the final electricity.

Thanks, that's at least a (reasonably) hard figure. Useful to have.
[]
(you will see that hydro power peaks after heavy rain in Scotland:
normally hydro sells into the 'expensive, we-need-power-in-a-hurry'
market for the early morning and early evening peaks).

If windmills weren't guaranteed income, they would compete in that
market to.

Do the conditions of their subsidy _prevent_ them from doing so?

Yes and no. They are guaranteed a price over and above fair market price.
[]
essentially an artificial market in renewable energy has been created.

But, if the spot price goes above even their guaranteed price, are they
forbidden to chase that?

Actually yes, in the contract for differences scheme, they must pay the
guvmint the difference




3


--
€œBut what a weak barrier is truth when it stands in the way of an
hypothesis!€�

Mary Wollstonecraft

On Thu, 28 Jul 2016 23:32:52 +0100, The Natural Philosopher
wrote:

On 28/07/16 19:20, J. P. Gilliver (John) wrote:
In message , The Natural Philosopher
writes:
On 25/07/16 22:27, J. P. Gilliver (John) wrote:
In message , The Natural Philosopher
writes:
[]
The phrase that springs to mind is opportunity cost. It cost the same
to have a nuclear power station shut down as it does to run it.

EDF reckon the manufactured fuel rods complete are no more than 16% of
the cost of the final electricity.

Thanks, that's at least a (reasonably) hard figure. Useful to have.
[]
(you will see that hydro power peaks after heavy rain in Scotland:
normally hydro sells into the 'expensive, we-need-power-in-a-hurry'
market for the early morning and early evening peaks).

If windmills weren't guaranteed income, they would compete in that
market to.

Do the conditions of their subsidy _prevent_ them from doing so?

Yes and no. They are guaranteed a price over and above fair market price.
[]
essentially an artificial market in renewable energy has been created.

But, if the spot price goes above even their guaranteed price, are they
forbidden to chase that?

Actually yes, in the contract for differences scheme, they must pay the
guvmint the difference


A BBC reporter on the news asked someone about why the power for the
new nuclear plant "was so expensive" and wouldnt drive up the cost of
consumer electric bills.

The reply was pretty good - spot wholesale price in the last several
years had gone over the agreed price, and that power prcies were
expected to increase over time.

and the spokesman pointed out that if the reporter could predict the
price of power in starting in 10 years and lasting for 35 year life of
the plant he was in the wrong job......

Funny how that sensible response to the "killer question" that made
sense doesnt seem to be on the follow up broadcasts......




3
Stephen Hope
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