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Another wind electricity generation record today

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  • Closed Accounts Posts: 2,075 ✭✭✭BendiBus


    I fully agree with probe. :D


  • Registered Users Posts: 1,698 ✭✭✭D'Peoples Voice


    probe wrote: »
    In December 2003, ESB charged 10.75 c/kWh for domestic electricity.
    In December 2008, the charge was 15.97 c/kWh.
    An increase of 48.6% over five years - almost 10% per annum.
    Post Number 9 by neiljung
    http://www.thepropertypin.com/viewtopic.php?f=19&t=17711&start=15
    Common misconception that, but when a lie gets repeated enough folk tend to believe it. The reason for the sudden huge increases and the previous low prices for leccy in Ireland all come down to governmental irresponsibility.

    There was no rise in the price of electricty in Ireland between 1986 and 2000ish. The ESB take was even worse than that as the VAT level was increased and ESB absorbed the rise. Now I don't know what the combined inflation over that period was but in real terms prices went absolutely thru the floor. The reason why? Minister for energy set the price and obvoiusly no-one wanted to be the lad to do the right thing, what with some bad headlines coming your way shortly afterwards. The result? The Irish network was run into the ground, everyone still got paid and the lights were kept on just about, but no upgardes/improvements to cater for increasing demand took place and necessary maintenance ignored. Come 2000ish the whole system was in very very dangerous condition and most regions of the country in a dangerous state with ageing inadequately sized infrastructure. Around this time the CER (energy regulator) was set up, mostly due to the need to comply with EU laws. One of its first new duties to set electricity prices. Now looking at the state of the system and the need to keep the lights on in a safe manner and cater for ever increasing demand the regulator sanctioned huge price increases. Obviously every politico could wash their hands of it and rail against the regulator due to a problem they themselves created. It's because of all this that €5 billion had to be spent in the past decade on refurbishment.

    Yes, Irish prices should be lower but all things being equal our prices have to be dearer than elsewhere due to a small island population (poor economies of scale), the very dispersed nature of Irish houses (need ing more wires to be built and maintained) and the lack of both nuclear and cheap easy to get hydro power compared to some of our neighbours.
    Does anyone agree?


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