Weekly data: the global power sector saved $521bn in 2022 thanks to fuel savings from renewables
https://www.energymonitor.ai/sectors/power/weekly-data-global-power-sector-saved-521bn-in-2022-renewables-competitiveness/
131 points · 19 comments · view on lemmy.world
19 Comments
Ktest@feddit.uk · 22 pts · 2y
And we’ll see that trickle down through the rest of the economy and not just go into the bank accounts of the executives… right?
bjoern_tantau@swg-empire.de · 13 pts · 2y
bernieecclestoned@sh.itjust.works · 4 pts · 2y
I bet they'll increase investment in renewables as well though
Edgelord_Of_Tomorrow@lemmy.world · 1 pts · 2y
At least renewables, unlike coal, you can take advantage of for yourself. Rooftop solar pays for itself.
JackSkellington@lemmy.world · 18 pts · 2y
Haven’t noticed anything on my bills… business as usual
Buffaloaf@lemmy.world · 7 pts · 2y
Where I live the power company wants a 30% increase because, according to them, the price of natural gas has been too volatile. Yet the conservative consumers are blaming it on renewables.
PaulDevonUK@lemmy.world · 11 pts · 2y
My electricity statement showed the second rate reduction in 2 months. This would explain why.
Somehow I doudt that I received the full benefit but at least it went down which is more than I can say about petrol prices.
bernieecclestoned@sh.itjust.works · 7 pts · 2y
Yep, oil price has been pushed up by OPEC production cuts. The sooner we can electrify and get off fossil fuels the better
FlyingSquid@lemmy.world · 4 pts · 2y
You mean if you eliminate a major part of your supply chain, you make more money? And they never thought of this before?
bernieecclestoned@sh.itjust.works · 5 pts · 2y
They've maximised the efficiency of getting a barrel of oil out of the ground.
Renewables will keep getting cheaper though.
Mojojojo1993@lemmy.world · 3 pts · 2y
Fuck if we did.
Power companies need to be in the hands of the people. Communist this shit up. They do not require to be for profit.
bernieecclestoned@sh.itjust.works · 2 pts · 2y
Or just tax them accordingly
Mojojojo1993@lemmy.world · 1 pts · 2y
Nope
brlemworld@lemmy.world · 2 pts · 2y
You are thinking of socialism, not communism. Citizens share ownership of property with socialism. Communism - property is owned by the state. Give should seize control and give to citizens in something like a Co-op.
Mojojojo1993@lemmy.world · 1 pts · 2y
Ok. Whichever is best in this regard then
Edgelord_Of_Tomorrow@lemmy.world · 1 pts · 2y
You can install more power than you'll ever need on your roof and take advantage of this yourself
Mojojojo1993@lemmy.world · 1 pts · 2y
Which is great for home owners. Doesn't work for renters and apartment buildings
Edgelord_Of_Tomorrow@lemmy.world · 1 pts · 2y
Don't let perfect be the enemy of better.
Mojojojo1993@lemmy.world · 1 pts · 2y
Absolutely but we as humanity should be looking to benefit all. But I agree. Solar should be shared out. Local community grids