Peak Renewables

[amcdonald]

It's still got to be paid for though.

Tell that to the Germans!

[AtW]

Owning an energy source sitting in your own back returning more profit than the cost of extraction is more economic than buying energy from your next door neighbour though.

Yes, that's ideal, however under current circumstances just buying energy from like minded countries (within EU) would keep lots of money within EU.

[BlasterBates]

What is needed is a renewable energy generator that converts the rising average global temperature into electricity, rather like a gigangtic refrigerator.

[TimberWolf]

Yes of course, just like your own drilling costs you money - the point is to increase supply of fuel from sources that won't hold you to ransom when selling them.

You do not need to increase supply of fuel by 50% in order to half the prices.

I vaguely remember supply and demand curves from 'O' level economics at school, and they were curved (hence the name), but I forget the slope. The relationship is not linear though, as you suggest.

Owning an energy source sitting in your own back returning more profit than the cost of extraction is more economic than buying energy from your next door neighbour though. The UK had a wild 200 year party on the back of its vast energy reserves, but that party is drawing to a close.

[AtW]

It's still got to be paid for though.

Yes of course, just like your own drilling costs you money - the point is to increase supply of fuel from sources that won't hold you to ransom when selling them.

You do not need to increase supply of fuel by 50% in order to half the prices.

[TimberWolf]

UK does not have much resources anyway, so long as others have (Poland - plenty of shale gas there), and it's transportable then all is ok.

It's still got to be paid for though.

[AtW]

The UK hasn't got enough fracking shale oil though.

UK does not have much resources anyway, so long as others have (Poland - plenty of shale gas there), and it's transportable then all is ok.

[DodgyAgent]

The UK hasn't got enough fracking shale oil though.

We must own a good deal of Poland by now

[TimberWolf]

The UK hasn't got enough fracking shale oil though.

[MarillionFan]

What's your ****ing point?

It's quite obvious AtW? What is there not to understand???

[AtW]

What's your ****ing point?

[BlasterBates]

Looks like renewables have peaked.

Peak Oil Vs. Peak Renewables

unless they can manage to smother Wales in wind generators.