{"id":1142,"date":"2012-11-23T16:08:22","date_gmt":"2012-11-23T15:08:22","guid":{"rendered":"http:\/\/www.theoillamp.co.uk\/?p=1142"},"modified":"2013-07-15T14:52:31","modified_gmt":"2013-07-15T13:52:31","slug":"one-thing-we-have-learnt-this-week-6","status":"publish","type":"post","link":"https:\/\/www.theoillamp.co.uk\/?p=1142","title":{"rendered":"One thing we have learnt this week"},"content":{"rendered":"

Today the UK Energy Bill deal has been announced after protracted negotiations between the coalition partners.\u00a0 Reactions have been mixed and quite a good explanation can be found here <\/a>.\u00a0 As a compromise its got its good and bad points.\u00a0 Essentially an electricity decarbonisation target has been dropped until after the election and we know which side each coalition partner will fight that on…\u00a0 However, the overall climate act carbon budgets still remain.\u00a0 In theory there might be a dash for gas but since Labour is sticking to its total decarbonisation by 2030 investors may not be so keen to build new gas power stations knowing they could not get through their lifetimes. What’s been agreed is generally regarded as pretty good news for renewables and RenewableUK were apparently full of praise.\u00a0 Whether its good news for nuclear remains to be seen.\u00a0 We will know next week when the strike price to be paid for electricity generated by each technology is announced.\u00a0 The current rumour is 10p\/units tops for any technology, but I would doubt if new nuclear can be built for anything like that. If there is a dash for gas which succeeds then we will all face much higher bills, but conversely this is good news for renewables, especially micro-generation.\u00a0 Finally this takes us up to 2020- what happens after that is anyone’s guess but by then PV and onshore wind will no longer require subsidy and probably offshore will be the same.<\/p>\n

What’s certain is that your bills are going to rise.\u00a0 The more gas and nuclear that’s in the mix the more they will rise.\u00a0 I will be returning to this is a future blog post.<\/p>\n

Neil<\/p>\n","protected":false},"excerpt":{"rendered":"

Today the UK Energy Bill deal has been announced after protracted negotiations between the coalition partners.\u00a0 Reactions have been mixed and quite a good explanation can be found here .\u00a0 As a compromise its got its good and bad points.\u00a0 … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-1142","post","type-post","status-publish","format-standard","hentry","category-one-thing-we-have-learnt-this-week"],"yoast_head":"\nUK Energy Bill<\/title>\n<meta name=\"description\" content=\"UK Energy Bill\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.theoillamp.co.uk\/?p=1142\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.theoillamp.co.uk\/?p=1142\",\"url\":\"https:\/\/www.theoillamp.co.uk\/?p=1142\",\"name\":\"UK Energy Bill\",\"isPartOf\":{\"@id\":\"https:\/\/www.theoillamp.co.uk\/#website\"},\"datePublished\":\"2012-11-23T15:08:22+00:00\",\"dateModified\":\"2013-07-15T13:52:31+00:00\",\"author\":{\"@id\":\"https:\/\/www.theoillamp.co.uk\/#\/schema\/person\/b6f2831189b0d01294e9672bb540ba6f\"},\"description\":\"UK Energy Bill\",\"breadcrumb\":{\"@id\":\"https:\/\/www.theoillamp.co.uk\/?p=1142#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.theoillamp.co.uk\/?p=1142\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.theoillamp.co.uk\/?p=1142#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.theoillamp.co.uk\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"One thing we have learnt this week\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.theoillamp.co.uk\/#website\",\"url\":\"https:\/\/www.theoillamp.co.uk\/\",\"name\":\"The oil lamp - 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