What the deal with the 35% hike is I don’t know, but I live in Europe and am paying the exact same price over the next 3 years, so no fluctuations.
There were people in Texas also paying quite a bit more, but not everyone, only those who thought they were getting a deal by not settling on the price of the electricity they were using.
Any system on variable pricing is going to risk spikes during peaks, even the providers who have not insured their supplies.
Bam_Man
2 years ago
Do stupid things, win stupid prizes.
caradoc-again
2 years ago
Wait until winter as every chance Germany hasn’t enough storage and will see higher Nat Gas prices.
When the Germans or French feel it the EU responds.
The Spanish will be left to swivel. No one considers Spain existential to the Unions’ plans.
shamrock
2 years ago
I think I’d be less worried about the price of electricity and more concerned about whether there will be any water for people in the deserts of the american west if rain and snow patterns continue. Hard to engineer your way out of extreme prolonged drought.
There will always be enough water for people. If drastic measures are required, it will be imposed on agriculture.
Anon1970
2 years ago
So how much does a Kw of electricity for residential use cost in Spain? In California, my latest bill worked out to 28.1 cents per Kw (including taxes). I suspect that once the full impact of the 2018 wildfires are reflected on my bill (perhaps starting in 2022), the cost bill go up to around 35 cents per Kw.
I compared this month’s bill (July 2021 vs July 2020) against last year’s bill.
Here in Central Florida, I’m paying 8.265 cents for the first 1000 Kwhs; then 9.998 cents (so say .10cents) above 1000 Kwhs. Last year’s rates were 8.319 cents and 10.008 cents respectively.
So I’m getting a cost break, right? Nope, underneath these rates are the fuel charge rates. And of course, those rates have gone up a penny or two versus last year’s bill, which negates this year’s drop in Kwh prices.
Sigh.
KidHorn
2 years ago
Fearmongering scares the ignorant the most. Climate change is a perfect example. The ones screaming for change have little to no knowledge of the subject and are the same ones scared of Covid. We would be far better off if politicians were actual scientists with doctorates instead of liberal arts majors.
Energy storage is key. It’s much easier to make power than it is to store it. Batteries have gotten much better, but they’re still expensive enough to make me think about it, in a state that has electricity for sale for 12 cents a kWh. I have most of a pretty decent off-grid power plant in storage, but I have never installed it.
There are energy efficient ways to store it. Some of the most intriguing to me are 1. Pumping water uphill to a storage tank. Very energy efficient. Obviously this is limited to certain geographies. 2. Hydrogen storage. Advantage is it can be done anywhere, has no pollution except water which can be also used to water a garden or something. Disadvantage is you lose up to 40% of the energy to conversion both to hydrogen and back to electric. Another disadvantage is the simple reality that hydrogen is extremely explosive. 3. Weight storage. This one is the most energy efficient of all I’ve seen, almost 100%. Disadvantage is the cost and size of the weight needed, but once installed will potentially last 1000 years with virtually no maintenance. 4. Ocean storage via tides. Advantage is that vast amounts of energy can be stored in a place like the San Fran bay by damming the bay with gates, opening them during high tide and closing them. Then allowing the water to leave during low tide generating hydropower. Disadvantages: You destroy shipping lanes, ecosystems and basically everything. Don’t recommend. haha.
If we take the excess hydrogen produced during downtimes, mix it with carbon to stabilize it then inject it underground then we have a solution to the energy storage problem.
Blurtman
2 years ago
Anti-Hispanic structural racism.
Eddie_T
2 years ago
OT….who was it who said De Santis will be fine? If he doesn’t wake up and smell the coffee, he will get eaten alive.
There is a full-court press by Dems to trash DeSantis these days. Completely predictable since he became the preferred among the Republicans. St. Pete Polls conducts polls only using landlines and not cell phones so they miss most people. In addition they get the phone numbers from the voting records and in Florida it is not an obligation to write down your phone number when registering. So we have a small sample size limited to those who have landlines and who decided to write it down when they registered. Their parent company Fextel is located at the same address and has 7 employees. If I believe Google Earth they look like they are domiciled in a strip mall but hey, they might be really good anyway.
My 2 cents: This is a dem sponsored hit piece. Most Floridians would rather take their chances with Covid than knuckle under to a power mad bureaucracy. This might sound irrational, but so is blindly following some ‘dear leader’s’ dicta.
Eddie_T
2 years ago
Got carbon credits?
Not sure how to play this one, but you could buy KRBN or GRN. They look expensive but they probably won’t in five years time, looking back.
1. Pumping water uphill to a storage tank. Very energy efficient. Obviously this is limited to certain geographies.
2. Hydrogen storage. Advantage is it can be done anywhere, has no pollution except water which can be also used to water a garden or something. Disadvantage is you lose up to 40% of the energy to conversion both to hydrogen and back to electric. Another disadvantage is the simple reality that hydrogen is extremely explosive.
3. Weight storage. This one is the most energy efficient of all I’ve seen, almost 100%. Disadvantage is the cost and size of the weight needed, but once installed will potentially last 1000 years with virtually no maintenance.
4. Ocean storage via tides. Advantage is that vast amounts of energy can be stored in a place like the San Fran bay by damming the bay with gates, opening them during high tide and closing them. Then allowing the water to leave during low tide generating hydropower. Disadvantages: You destroy shipping lanes, ecosystems and basically everything. Don’t recommend. haha.
After all, oil and gas is a form of energy storage.