From Elsewhere: Britain’s wobbly and costly electricity system a disaster in the making.
While reading the August Hangout page of the centre-left Harry’s Place website I came across a link to this piece put up by the Harry’s Place commentator John MC. This long form piece is written by David Turver and lays bare Britain’s costly, inefficient and quite frankly wobbly electricity generation and distribution system where unreliable renewables have imposed horrendous costs to British businesses and householders.
It’s a long piece but well worth reading in order to get a grip on just how badly our energy system is being managed and how many unnecessary costs have been imposed on the British economy because of the rush to deploy renewables.
Here’s just part of Mr Turver’s magnificent and well thought out piece.
“There is much else to be said which is beyond this paper’s focus on cutting direct costs. For instance, pursuing this paper’s recommendations must come in concert with other proactive policies, such as a concerted effort to swiftly restore reliable, productive, and cost-effective dispatchable capacity to the grid. We cannot simply cut off the existing renewables infrastructure, as flawed as it is, without replacing it. The Prosperity Institute will be producing research on this very topic later in the year.
Many years of government interventions have saddled Britain with the most expensive industrial electricity prices in the developed world. Official forecasts from NESO, the OBR, and the Government itself show the costs of subsidies, grid integration and other energy market costs are going to rise substantially over the coming years, making the problem even worse. The reality of money being wasted on commercially unviable green initiatives is clear, and much of it could be cut or begun on day one by a willing government to deliver rapid savings to tax and bill payers.
These extra costs are not sustainable and run the risk of creating an economic catastrophe.”
Lots of food for thought here and I recommend that readers go and read the entirety of Mr Turver’s piece for themselves via the links below.
Links
Mr Turver’s piece on the crippling costs of net zero policies
https://davidturver.substack.com/p/fahnbulleh-refuses-to-accept-reality
Harry’s Place August Hangout page