and they can tell the US military to go f* themselves... 👏
@Miedoambiente @ExtinctionR What are you paying for retail electricity in Spain? It's somewhat tricky to find retail prices partly because it appears Spain has time of day pricing.
This suggests it's dirt cheap, at least today (9.68 to 16.44 euro cents/kWh):
- https://uswitch.energy/en/electricity-price-index-spain
Ember's figures suggest 0.23-0.29 EUR/kWh in January, and other sources give a wholesale price of EUR 71.17/MWh for January.
Lets compare that to the UK.
The average wholesale price over the last year is £76.95 (around 90 EUR), but that doesn't have much to do with the retail price for various reasons.
From April to June we will pay 24.67p/kWh, which is around 0.28 EUR/kWh.
So if USwitch's figures are credible, Spain is indeed dirt cheap for electricity, at least today (presumably high winds/solar!). Not necessarily for other forms of energy. If we use Ember's figures it's still typically lower than the UK.
Although I'm not comparing standing charges here. Spain's standing charge is higher than ours for a typical home (about 240 EUR vs 310 EUR), but the standing charge is banded by size (unlike ours).
@Miedoambiente @ExtinctionR Okay, so you pay about 0.22 EUR/kWh.
That's slightly less than we pay in the UK, possibly because we burn more gas (28% rather than Spain's 20%).
Thanks. (This is as much because there isn't alt text as an acknowledgment)
@ExtinctionR Viva #España!
"the total cost of reaching net zero by 2050 is likely to be no greater than the cost of a single fossil fuel price shock"
If there is any upside to the war in #Iran, acceleration to renewables would be it.
@ExtinctionR That's awesome for Spain.
But: “I'd prefer to be dependent on China for the import of solar panels and batteries, than I would, for oil and gas coming from the Gulf, and I'll tell you why: because if I buy that solar panel, that battery, that wind turbine, that transformer, I buy it once every 25 years. I don't have to buy it every day.”
... makes me think that soon there will be capitalists working out ways to build in planned obsolescence and enshittification. :(
@mwt @ExtinctionR Or they use proprietary control software and hookups and things so that when it’s time to replace the solar panels it’ll be like HP with the ink cartridges.
This is one reason why we should nationalize utilities.
@ExtinctionR
As explained in this article in today's @ElSaltoDiario
España es líder en Europa en generación de electricidad limpia, pero todavía gran parte de su economía sigue funcionando con petróleo y gas importados, con lo que el impacto de la guerra no será menor. El reto pendiente: electrificar la movilidad, la industria y la climatización.
@ExtinctionR Some more detailed analysis here. Spain has more or less decoupled electricity prices from gas. The UK may manage this in a few years.
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