Other stuff: low-fi economics on growth, cities & economic geography, general UK policy, occasional basic charts
Bristol, he/him, lots of parenting / caring.
Personal account.
We wanted to write something quite readable that covers the big picture of the UK’s economic struggles. Hopefully we’ve managed at least one of those!
@johnspringford.bsky.social
getting-out-of-the-hole.uk
But we're caught in a trap: expensive electricity now makes those technologies less attractive. And for all the good stuff in the Warm Homes Plan, it had no further action on electricity costs...
But we're caught in a trap: expensive electricity now makes those technologies less attractive. And for all the good stuff in the Warm Homes Plan, it had no further action on electricity costs...
Part of our problem is that we are investing for a much bigger electricity system - but demand for electricity is still falling, which spreads those investment costs over fewer units of power, raising costs.
Part of our problem is that we are investing for a much bigger electricity system - but demand for electricity is still falling, which spreads those investment costs over fewer units of power, raising costs.
There are plenty of candidates, including:
- Onshore wind and solar (still cheap!)
- Lowering the cost of capital
- Using government borrowing to spread investment costs over time
- Further levy removal
There are plenty of candidates, including:
- Onshore wind and solar (still cheap!)
- Lowering the cost of capital
- Using government borrowing to spread investment costs over time
- Further levy removal
First, the rise in price at AR7 is important, and it's now at the level where offshore wind probably isn't lowering electricity bills much. Just building more offshore wind is probably no longer a route to lower energy bills
First, the rise in price at AR7 is important, and it's now at the level where offshore wind probably isn't lowering electricity bills much. Just building more offshore wind is probably no longer a route to lower energy bills
Here's the first edition, looking at the big offshore wind auction and the Warm Homes Plan and asking what they mean for energy bills.
In short: more offshore wind is no longer an easy fix to reduce bills
www.linkedin.com/posts/andrew...
Here's the first edition, looking at the big offshore wind auction and the Warm Homes Plan and asking what they mean for energy bills.
In short: more offshore wind is no longer an easy fix to reduce bills
www.linkedin.com/posts/andrew...
- hopefully.
(Fwiw, the sky was pretty clear apart from boiler flue smoke this morning)
- hopefully.
(Fwiw, the sky was pretty clear apart from boiler flue smoke this morning)
The path of the sun relative to the earth each day is a sine wave, and I think it follows the same logic
The path of the sun relative to the earth each day is a sine wave, and I think it follows the same logic
(Sorry for the terrible graph)
(Sorry for the terrible graph)
The news is full of businesses behaving badly and seeming to get off very lightly. Why? As someone who used to work for a regulator, I wanted to set out some of the very simple reasons regulators struggle…
The news is full of businesses behaving badly and seeming to get off very lightly. Why? As someone who used to work for a regulator, I wanted to set out some of the very simple reasons regulators struggle…
A decent chance of both waking up and heading home from work in the light
A decent chance of both waking up and heading home from work in the light
Thanks to the magic of the cosmos, we start gaining daylight much faster in Feb than in Jan. Over 20 mins a week - setting us up for Spring.
This chart is by @neilrkaye.bsky.social and is one of my all time favourites.
Thanks to the magic of the cosmos, we start gaining daylight much faster in Feb than in Jan. Over 20 mins a week - setting us up for Spring.
This chart is by @neilrkaye.bsky.social and is one of my all time favourites.
Welcome to most underrated and fastest improving month. You start in the depths of winter and end waking up in the light to the sound of birds singing, to the sight of snowdrops, daffodils and early blossom in the trees
#BigFebruary
Welcome to most underrated and fastest improving month. You start in the depths of winter and end waking up in the light to the sound of birds singing, to the sight of snowdrops, daffodils and early blossom in the trees
#BigFebruary
It’s been a pretty miserable January. But to be fair to it, when the skies are clear, the light is wonderful
It’s been a pretty miserable January. But to be fair to it, when the skies are clear, the light is wonderful
Sometimes regulators are just useless, but more often the problem is that governments don’t give them the tools or the powers to deter bad behaviour
Sometimes regulators are just useless, but more often the problem is that governments don’t give them the tools or the powers to deter bad behaviour