The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Yes you mention the standing charge being used to pay off the creditors of bankrupt energy suppliers. I find this to be an unjust tax on the poorest in our society as they have no way of reducing this burden even if the use no energy at all they are still hammered by the standing charges. How any Government could sanction such an attack on the poor is beyond me and the fact the opposition party's have said nothing says a lot about them too.
Yes your correct Unfortunately most of it is wasted as we have no way of storing this energy so we pay millions to wind farms to turn them off. I know its unbelievable but that's what happens. meanwhile we keep building more of them. so the politicians can say look how much green energy we produce, they fail to mention the above.
Im curious given that all the water company's in England are under fire for dumping raw sewage into the rivers. somehow the welsh rivers are so clean that they are restricting the relatively clean mine water from being pumped into the rivers. are we to commend the welsh water company's on being the exception. or are we being fed total BS ?
Quady really heatpumps work realy well when its warm. but when its cold their efficency fall off dramatically so much so that you have to have energy guzzling immersion heaters to get the water upto temperature. so when its freezing outside your heatpump will be struggling to break even in running cost and thats if its very efficient.
Rednight yes I agree infact so do JCB . we just need to convert all these wind farms we are paying to keep turned off as the crid can,t cope. into Hydrogen generators. job sorted