Kevin Hague

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Kevin Hague

Kevin Hague

@kevverage

Entrepreneur & Chairman of These Islands: I believe more unites us than divides us

Edinburgh Katılım Mart 2009
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Kevin Hague
Kevin Hague@kevverage·
fascinating data here looking at cfd-supported renewables: this is the expected picture in 5-years time cfd-hub.com/map 1/n
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Sam Taylor
Sam Taylor@staylorish·
1/ Laughable attempt to create a story out of me knocking doors for Labour during the election. I’m a party member, and campaign in a personal capacity. And true to @ScotNational’s ethos of relentlessly inaccurate reporting, I’m not even in the video they believe features me.
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Kevin Hague
Kevin Hague@kevverage·
i wonder why the SNP’s favourite propaganda paper doesn’t like @These_Islands and seeks to create a story out of nothing? it’s a proper head-scratcher 🤔
Sam Taylor@staylorish

1/ Laughable attempt to create a story out of me knocking doors for Labour during the election. I’m a party member, and campaign in a personal capacity. And true to @ScotNational’s ethos of relentlessly inaccurate reporting, I’m not even in the video they believe features me.

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Kevin Hague
Kevin Hague@kevverage·
Mr Swinney: if Scotland’s wind power is so cheap, why did the Low Carbon Contracts Company pay Scottish generators £474m above the market price for their output last year? if you had “power” over energy, would you break these contracts and stop subsidising wind farms?
Kevin Hague@kevverage

looking at what that means in cash terms: last year the LCCC “topped up” intermittent renewables generators by £2.4bn - £474m that went to Scottish projects 4/n

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Kevin Hague
Kevin Hague@kevverage·
@mrianleslie the tension/stress levels ratchet up quite effectively - but you have to suspend your critical faculties to enjoy it (it’s medical drama cliche central)
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Ian Leslie
Ian Leslie@mrianleslie·
I’ve watched the first two eps of The Pitt. Does it get better?
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John Ferry
John Ferry@JohnFerry18·
Thread on my latest @spectator column outlining how non-nationalist politicians should deal with @theSNP & @scottishgreens' favourite gotcha question: what is the democratic route to a second independence referendum? 1/
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Kevin Hague
Kevin Hague@kevverage·
@LapGong @scotfax well yes. but with great caution - think of a simple website you’d like and just have a go - but as soon as analysis or data audit trails are required, be very careful and don’t trust Claude!
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Kevin Hague
Kevin Hague@kevverage·
working with Claude Code a lot recently and in my experience it is brilliant *if and only if* you don’t trust it an inch - it does a lot of: “good catch, i shouldn’t have said that … “i shouldn’t have guessed that ..” “good instinct, i should have checked that …”
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Kevin Hague
Kevin Hague@kevverage·
anybody who has been deceived by the SNP into thinking Scotland has “cheap” renewable energy which is being “siphoned off” by Westminster should be asked to read this thread 👇
Kevin Hague@kevverage

looking at intermittent (wind & solar) projects, we can see the actual prices paid under CfD guarantees vs the “gas set” market price and the payments between generators and the LCCC that result renewables are vitally important, but not cheap cfd-hub.com/net-flow?nf_ho… 2/n

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de onbekend
de onbekend@The_Foe_Malign·
@kevverage I’m just going along to like this Kevin. Excellent comment. Your thoughts on the butler’s comments on Scotland made on the Jeremy Vine show would be appreciated
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Rupert Myers
Rupert Myers@RupertMyers·
Climbed Ben Nevis yesterday, first time with a 3yr old on my back the whole way (it’s harder than I remembered) and today visited the Isle of Mull for the first time: absolutely stunning
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Rupert Myers
Rupert Myers@RupertMyers·
@kevverage Next time! I’ve been to Isla twice, now Mull, Iona will defo be next
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Kevin Hague
Kevin Hague@kevverage·
@Allybig62 that’s why the historical figures are restated into real terms - the graph shows like-for-like (avoids need to make a contentious 7 year CPI forecast!)
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Alasdair
Alasdair@Allybig62·
@kevverage I take it these are the current strike prices which will increase every year with inflation. It would have been good to have the prices changing with the year movement with a projected inflation forecast to see the way the costs are supposed to reduce.🤭
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Kevin Hague
Kevin Hague@kevverage·
fascinating data here looking at cfd-supported renewables: this is the expected picture in 5-years time cfd-hub.com/map 1/n
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Kevin Hague
Kevin Hague@kevverage·
@peterathertonc1 yes very much aware that constraint payments are not included in the LCCC CfD top-ups/claw-backs - and not attempting to draw any conclusion re merits of wind vs gas - just highlighting that (counter to SNP’s narrative) Scotland’s renewable energy is not cheap
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Peter Atherton
Peter Atherton@peterathertonc1·
good thread and nice charts. Couple of points. First, the strike price does mot cover the cost of intermittency - they cover the cost of relatively low load factors esp for solar. The intermittency costs are captured in additional network costs and constraint payments. Second, an easy bench mark is the the govt tends to use 120p gas and £150 carbon tax when comparing gas to renewables. Gas price prior to Iran conflict was c.70p and carbon tax currently £60 ish. Long term outlook for gas if very favourable for supply - prices for 2028 and beyond are well below 60p - assuming no wars!
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