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Sorry. I wasn’t clear enough. I meant demand reduction for specifically fossil fuels (to include indirect fossil fuels used for electricity generation), not for
by sokoloff 3y ago
Sorry. I wasn’t clear enough. I meant demand reduction for specifically fossil fuels (to include indirect fossil fuels used for electricity generation), not for energy in general.
That includes making it economically advantageous to choose electricity as the local source while accelerating the greening of the grid. That is frequently not the most advantageous choice for consumers now, and we should not be surprised when they choose what’s most advantageous for them.
- jdsnape 3y agoThis is happening in the UK at the moment. I'm not an expert, but my undestanding is that there is an incentive plan to reduce the cost of install electical heatpumps, with the goal that the increased volume reduces the price over time. The sale of new gas/oil fired boilers will only be allowed for a few more years. This means that as the grid is made greener there is an increased impact in terms of reduced emissions overall.
- hodgeheg 3y agoEven with the government grant taken into account it would cost me £3,000 to have a heat pump installed at my house. The running costs would be around £500-600 a year more than I'm paying to heat my home with gas at present, and that's with my gas bill having almost trebled over the last year and a bit. Financially, as things stand, it would be lunacy for me to scrap the gas boiler in favour of a heat pump.
- sokoloff 3y agoGP's logic is exactly why I wanted to convert. Your findings are exactly why I didn't (only the up-front delta was about 5x worse in my case). If we can't remove the skew in the economics, it's going to be very slow to make progress.
- danpalmer 3y agoAh yes in that case I completely agree!