Solar is booming- accelerating ahead exponentially, with well over 1.8TW already now installed globally. According to Carbon Brief/ IEA it’s set to overtake coal in power generation by 2030, taking over the lead from wind. That’s mainly since PV cells are getting cheaper, rapidly so, and are relatively easy to install in solar farms and also, to a lesser degree, on roof tops, although that’s usually a bit more expensive. Averaged levelised costs have been put by IRENA at around $0.043/kWh - see chart below . There are land use and impact issues, but also agrisolar options for limiting them. In addition, floating units are also being developed for use on reservoirs, so avoiding land use and reducing fresh water evaporation. The cooling effect also improves the efficiency of PV cells in warm climates. Meanwhile, wind also continues to boom, and is set to double up , adding its second TW capacity by 2030. That’s mainly driven by onshore wind, with (see chart) its ...
UK gas and electricity consumer prices will rise by 2% under the latest cap announced by energy regulator Ofgem, so that typical households will pay £1,755 a year, up £35 a year on the current cap, or £2.93 a month. It’s not a huge increase, but it is on top of high prices. Gas fixed costs have risen slightly, but about £1.42 a month of the increase will be used to fund the government's extension of the Warm Home Discount, giving money back off winter bills for some people on some benefits. Though about £1.23 extra a month will go to the cost of ensuring a stable electricity supply, to balance when there is too much and too little power in the system. That especially met with a lot of negative reaction, with the Daily Mail saying ‘Wind farms are driving YOUR electricity bills up’, the Telegraph opining similarly. Well yes, wind farms have negotiated contracts so that they are compensated when their power is not used, but that is often because of lack of a proper flexible grid sy...