CENTCOM spokesman Captain Tim Hawkins: "U.S. forces conducted self-defense strikes in southern Iran today to protect our troops from threats posed by Iranian forces. Targets included missile launch sites and Iranian boats attempting to emplace mines. U.S. Central Command continues to defend our forces while using restraint during the ongoing ceasefire"
This is what 45 years of spent nuclear fuel looks like safely stored at Dominion Energy’s North Anna nuclear power plant.
Each cask generated around 5 billion kilowatt hours of electricity — enough to power nearly half a million homes each year.
@HomeoftheM@KemiBadenoch@RussellFindlay1@ScotTories The consensus among energy analysts and climate experts is that while oil and gas remain in the North Sea, the era of significant, commercially viable production is effectively ending.
1,000 jobs are lost in our North Sea oil and gas sector every month, as a direct result of Labour's ban on new drilling licences.
It's an act of national self-harm that will harm Aberdeen’s and Britain's economic future.
@RussellFindlay1 and I agree - this cannot go on.
@HomeoftheM@1959lofty@Katie_Lam_MP@cocoandboris Your level of response was barely worth touching - but no company is going to invest in North Sea production and be restricted in their margins through export restrictions. It’s not like there’s a state run entity like Petrobras in the U.K. to get you those fossils
Twat
The Government's plan for "energy independence"?
Ban us from using our own oil and gas reserves, driving up bills and making us MORE reliant on energy from abroad.
They say that using our own energy reserves wouldn't bring down prices, but that's total nonsense.
Britain is a country where the government buys £billions of oil and gas from Norway but bans new UK oil and gas licenses in the North Sea - the same sea that Norway gets the oil and gas from to sell to Britain. Absolutely ridiculous.
@JStayin@JamesMelville Renewables "being cheaper" doesn't matter if it can't serve demand. Gas can serve demand which is why it gets higher prices. There's nothing stopping wind from doing the same except it can't work on demand.
@HomeoftheM@JamesMelville So gas generated electricity enjoys tariffs much higher than renewables
That will change.
It doesn't change the fact that renewables generate electricity far cheaper than gas but have a tariff advantage. It's not proportionate to the speed it can come online to meet demand
@HomeoftheM@pritipatel One simple fact:- A new refinery isn’t a £100m project. A modern European-scale refinery is more like £5 to 8bn+, before overruns, and that’s in a market where UK fuel demand is falling. Can you imagine how long it will take before we get that investment back?
Labour’s energy policy has left us dependent on enemies.
Rather than relying on imports from countries that wish us harm, we should get Britain drilling in the North Sea.
Read my article here 👇
express.co.uk/news/politics/…
@MoyeteMan@JamesMelville I don't know what a world energy commissioner is. Regardless companies with native production are more secure and have booming economies with lower prices.
Why would oil companies waste money to spend on randos talking on twitter.
@HomeoftheM@JamesMelville Nonsense. Just today tbe world energy commissioner said exactly what I did, UK are energy takers not energy makers, and it's stupid to think more licenses would change the international energy prices.
Sorry but them's the facts. Unless your a paid oil Lobbyists. Are you?
@BarakRavid Iran keeps goading us into “self-defense strikes”. Can we just destroy the IRGC already and forget about a deal that is a measurably worse outcome than before this thing started?
@giles_will3785@JamesMelville All you have to do is tax unexploited licenses or negotiate and agreement with the owners who would be happy to do it since they aren't making money anyway.
@HomeoftheM@JamesMelville Largely because they own the rights to operate all potential sights. We would break out agreements with them if we just decided to drill and operate alongside. Second, to get any real wealth out of it with the dwindling reserves, we’d need all of the access
@dawsonmark81@JamesMelville Offshore oil is often the cheapest to extract. Oil is still produced even when the price is low which is important for when shortages come and things get expensive.
@HomeoftheM@JamesMelville Yes, and if they did, the fuel would be even more costly to extract. The oil industry has a paradox. If oil prices are too low then only cheap fields can operate successfully such as what Saudi Arabia has. If prices shoot up then plays like USA fracking and new north sea oil work
North Sea oil and gas:
🇳🇴 Norway: $2 trillion sovereign wealth fund
🇬🇧 UK: $0 sovereign wealth fund
And the UK is buying £billions of oil and gas from Norway while the UK government bans new oil and gas licenses in the North Sea.
@IBeliveUDwayne@Katie_Lam_MP Did you not see the part where I said they're the largest importer. They're not even close.
China produces some oil and is hundreds of times bigger than Scotland. Who cares?
Why does Scottish wind density matter? Wind power won't make jets fly.
@HomeoftheM@Katie_Lam_MP Did you not see the word ALMOST in my post?
What is the population of China compared to Scotland?
How big is China compared to Scotland?
Does China have its own oil reserves on land or sea?
Scotland has a larger wind power density and conversion capacity than China.
@Snizzeler@JamesMelville Refining & storage could be done by the company
The taxpayers would pay
It would take years to build and longer to get a return
The fields are dwindling because no one wants to invest
Renewables are increasing in popularity but oil isn't going down and UK power is expensive
@HomeoftheM@JamesMelville & storage and refinement infrastructure?
Who is paying?
How long would that take?
When would the investor/tax payer get their return?
How long would this be used for considering the dwindling amounts in the remaking fields?
Is it a wise investment considering renewable energy?
@jamzefish@JamesMelville That's the problem. Partly because of regulation and taxes, but largely due to market forces it's a little bit cheaper to buy products refined overseas. So you save some money at the expense of jobs and being vulnerable to energy shocks.
@JStayin@JamesMelville I don't know where you're getting these numbers but it's probably because gas electricity can be produced at any time, most importantly when electricity is in short supply, so they get the highest price. Wind blows depending on the weather.
@HomeoftheM@JamesMelville Renewables subsidise electricity produced by fossil fuels.
Offshore wind generators can be paid approx. 50% of the mount fossil fuel generators.
That's just nuts!
Retail customers selling their excess electric get a tiny fraction of even offshore wind.
It inhibits renewables.
@JStayin@JamesMelville I don't know what you mean by offshore is "paid less" than onshore.
These are subsidies either. These are prices set by the market.
@HomeoftheM@JamesMelville Producers get paid a very different amount per MWH depending on how it was generated.
Offshore wind is paid less than onshore and onshore solar between the two. Nuclear het paid substantially more fossil fuels electricity can dwarf that.
Why subsidise dirty producers?
One way out of the UK’s financial problems is to drill in the North Sea, to release the black gold under our noses and get money going into the exchequer. This isn’t a far flung fantasy, it is precisely what Norway is doing with its oil deposits in the North Sea which is making their country very wealthy and energy self-sufficient.
So typically, instead of doing just that, Miliband and Starmer are doing the exact opposite. As part of Labour’s Energy Independence Bill they are banning all new oil exploration and drilling licenses in the North Sea ‘to take control of our energy security’ and to be a ‘clean energy super power’ by 2030! Deluded.
These idiots are utterly deluded. When Starmer finally goes, is it too much to hope that Miliband is forced out too!