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I love when the nukebro squad brings 10 year old off shore wind to the table like it has any bearing today. Why didn’t you bring the most recent allocation fro

I love when the nukebro squad brings 10 year old off shore wind to the table like it has any bearing today. Why didn’t you bring the most recent allocation from the same area? Because you would have to accept £47/MWh as the viable price in 2025? https://register.lowcarboncontracts.uk/AR4-HRN-010/ https://register.lowcarboncontracts.uk/AR4-HRN-010/ I love that instead of having cheap prices almost all year around and falling back to backups a few days or weeks a year we should instead have horrifically expensive nuclear power filling the grid at the height of summer. Logic or prices be dammed. Pure insanity.

chickenbig 2y ago
> Because you would have to accept £47/MWh as the viable price in 2025? > https://register.lowcarboncontracts.uk/AR4-HRN-010/ https://register.lowcarboncontracts.uk/AR4-HRN-010/ This is the same Hornsea 3 which got a price increase for 3 * 360MW chunks of this power station up to £54.23/MWh 2012 = £75.46/MWh = 97.84 USD/MWh. These are due to be delivered in another 3 years. https://register.lowcarboncontracts.uk/AR6-HPT-010/ https://register.lowcarboncontracts.uk/AR6-HPT-010/ https://register.lowcarboncontracts.uk/AR6-HPR-010/ https://register.lowcarboncontracts.uk/AR6-HPR-010/ https://register.lowcarboncontracts.uk/AR6-HOP-010/ https://register.lowcarboncontracts.uk/AR6-HOP-010/ The AR6 strike price for new wind farms is £58.87/MWh (2012 prices) or £81.92/MWh or 106.24 USD/MWh current prices, which are due to be connected in 2030. > falling back to backups a few days or weeks a year ... Logic or prices be dammed. The devil is in the details. How much backup is needed depends on how much the wind/solar is overbuilt ... overbuilding leads to cannibalisation and eventually curtailment. Out-of-wholesale-market capacity payments are needed to keep the backup gas plants from shutting down.

chickenbig 2y ago

> Because you would have to accept £47/MWh as the viable price in 2025? > https://register.lowcarboncontracts.uk/AR4-HRN-010/ https://register.lowcarboncontracts.uk/AR4-HRN-010/ This is the same Hornsea 3 which got a price increase for 3 * 360MW chunks of this power station up to £54.23/MWh 2012 = £75.46/MWh = 97.84 USD/MWh. These are due to be delivered in another 3 years. https://register.lowcarboncontracts.uk/AR6-HPT-010/ https://register.lowcarboncontracts.uk/AR6-HPT-010/ https://register.lowcarboncontracts.uk/AR6-HPR-010/ https://register.lowcarboncontracts.uk/AR6-HPR-010/ https://register.lowcarboncontracts.uk/AR6-HOP-010/ https://register.lowcarboncontracts.uk/AR6-HOP-010/ The AR6 strike price for new wind farms is £58.87/MWh (2012 prices) or £81.92/MWh or 106.24 USD/MWh current prices, which are due to be connected in 2030. > falling back to backups a few days or weeks a year ... Logic or prices be dammed. The devil is in the details. How much backup is needed depends on how much the wind/solar is overbuilt ... overbuilding leads to cannibalisation and eventually curtailment. Out-of-wholesale-market capacity payments are needed to keep the backup gas plants from shutting down.