@JensHonack The business to be in is energy generation. If you own energy, you own the shovels.
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Neal Gandhi
1.1K posts
Neal Gandhi
@nealgandhi
Climate change entrepreneur. Co-Founder of Spin Energy. Founder of TPXimpact
London Katılım Aralık 2008
430 Takip Edilen852 Takipçiler
Thanks for reading!
A bit about me: I write threads on AI and entrepreneurship, while crafting tools to help creators win the attention game on X.
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Jens Honack@JensHonack
By 2034, your 9-to-5 job will be extinct. That's Reid Hoffman's latest prediction. He built LinkedIn in 2002. He predicted social media in 1997. He was early in PayPal, Airbnb, and OpenAI. Here's what he says is coming next (& how to survive it):🧵
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By 2034, your 9-to-5 job will be extinct.
That's Reid Hoffman's latest prediction.
He built LinkedIn in 2002.
He predicted social media in 1997.
He was early in PayPal, Airbnb, and OpenAI.
Here's what he says is coming next
(& how to survive it):🧵
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@LeoMars75 Absolutely! Rolls Royce SMRs should be a key pillar of the UK industrial strategy. The government don’t even have to pay for them. Simply issue a 30 year PPA, and approve planning applications, then build enough SMRs to ensure baseload (40%) of capacity.
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Neal Gandhi retweetledi
“You and I were in a Queue forever”
#oasis #ticketmaster
Retweet if you’re still in a queue 🤮
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@UKEnterprise Thanks Enterprise. Just picked the car up and it’s broken down less than 10 miles into our journey and left us stranded in the freezing cold on the M25.
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New YouGov poll gives Labour a 24-point lead. If repeated at a general election, the Conservatives would lose all but 71 seats.
Those losing their seats would include Rishi Sunak, Suella Braverman, Grant Shapps, Jacob Rees-Mogg, Penny Mordaunt, Theresa May and Lee Anderson
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@AllisterHeath Tax vegans, no more bins - just throw your rubbish onto the street, fine multiple occupancy car drivers, pay frequent fliers to fly more. All policies that have been discussed by the Conservatives. I swear this is 100% truth, just like Sunak’s speech. Yours sincerely, the blob 😂
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The furious Blob will try to destroy Rishi Sunak for his net zero heresy - why this was the PM’s best speech ever telegraph.co.uk/news/2023/09/2…
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Agree completely. It never ceases to amaze me how low the Conservatives can sink. Playing to the GBNews audience. I hope they get crushed in the next general election. Enough is enough.
Dale Vince@DaleVince
.@RishiSunak was like the Wizarrd of Oz today - just said as much on @SkyPoliticsHub with @SophyRidgeSky & @JustineGreening (who talks a lot of sense). My overwhelming impression is that nothing really happened today - the pushing back of the fossil fuel car ban will undermine confidence in the UK, but won’t slow down the transition to electric cars - because the industry are on it. This was really just a pose. The gas boiler thing was totally something and nothing. And the rest was all made up - there was no policy to have seven bins, tax meat or flying. In classic Sunak style, he denied he was doing exactly what he was - making a short term political move at the expense of the long term. Fortunately he doesn’t have a long term in No.10. But seeking to polarise public opinion around a false narrative (we can only have green or cheap) to give himself some toehold in the election, that’s beyond contempt.
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Of course I know it. What I don’t get from you or anybody else is what a credible mix would like in 2030 or 2035 that does not include gas.
Ben Goldsmith@BenGoldsmith
@afneil That’s why *nobody* is suggesting we rely 100% on wind. We need a mix of power sources. But of course you know this.
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What springs to mind is that Big Green, which has trousered billions from state subsidies, has for once not managed to get its snout in the subsidy trough to profit at taxpayers’ expense.
The government set a price cap for offshore wind bids at around £70/MWh in today’s prices. Index-linked (so all these excuses about higher costs don’t fly) for the contract life. Yet no offshore wind farm developers bid at this price, despite highest cap ever on offer.
Which can only mean one thing: offshore wind is nowhere near as cheap as Big Green is always claiming. If prices falling as fast as it’s claimed a £70 price would be hugely profitable. But the actual long-term capital and operating costs for wind power are high. They have not been falling dramatically as Big Green says. Hence the cry for greater subsidy.
Plus government rightly closed loophole which allowed Big Wind to circumvent price cap and charge more when prices peaked.
There is no market in British energy. How electricity is generated and what price you can charge is entirely controlled and rigged by government.
Dale Vince@DaleVince
Words like ‘piss up’ and ‘brewery’ spring to mind when reading about the Tory’s latest flop - not one single bid for a new offshore wind project in the latest green energy contest. The reason is simple, the price has been driven too low. Developers are already walking away from contracts won in the last round - where offshore hit ‘record’ but clearly unsustainably low prices. At the root of it is a Tory addiction to market solutions - right now it’s resulting in no projects, but even when it does produce results, the benefits go to foreign owned companies. British taxpayers guarantee profit margins for foreign investors - it sucks value out of our economy. The proper alternative is to build in public ownership, keep the benefits here. Britain is the Saudi Arabia of wind (in that we have a lot of it) - and still the hapless Tory govt can’t get any built. Dogged adherence to a failed ideology is the reason - markets don’t always know best. Roll on the election.
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@British_Airways Too late. We’re not taking that one, we’re taking a 0740 easyjet flight. They appear to know how to run an airline.
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@nealgandhi Hi Neal, we're sorry your flight has been delayed. We can see it has an updated departure time of 14:10 this afternoon. We're doing all we can to get you on your way as quickly as possible. Natalie M
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@British_Airways ba2660 to Dalaman cancelled whilst everyone was waiting at the gate to board. Second time this has happened to us this summer. You appear to be losing the ability to run an airline.
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@British_Airways Cancelled Nice to Gatwick 9.30pm flight today and left my 19 year old son stranded at Nice Airport on his way back for to watch the #Ashes23. He’s been looking forward to this for months and now won’t make it back. Thanks for nothing.
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@britishairways Cancelled Nice to Gatwick 9.30pm flight today and left my 19 year old son stranded at Nice Airport on his way back for to watch the #Ashes23. He’s been looking forward to this for months and now won’t make it back. Thanks for nothing.
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@afneil Here’s the deal. Give Rolls Royce planning permission for small modular reactors, a 20 year power purchase agreement for £70/MWh for 15GW, along with guarantees that full corporation tax will be paid in the UK and watch what happens. Zero tax payer funding required.
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Self-serving greenwash from a fat-cat fossil-fuel CEO calling for even more taxpayer-funded corporate welfare. No doubt our pusillanimous politicians will oblige.
We have a net zero opportunity that could transform the economy and lives telegraph.co.uk/business/2023/…
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@afneil Home battery? Are you crazy? This already exists. 196MWh. Why are you so against making the UK a global leader? edie.net/europes-bigges…
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Check again. Gas generated 37% of electricity in last 12 months, wind 20%, solar 10%. What’s the total capacity of home battery storage?
Liam@liamsiviter
@afneil With grid level and home battery storage. Wind and solar have produced more than gas over the last few days I've checked, you're just being selective with the figures.
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@afneil Left wondering why you’re talking down UK’s prospects. Why are you so against creating domestic scale in a world beating technology so they can sell their tech the world over. Isn’t that what global Britain was all about. The tech is right here, right now rolls-royce-smr.com
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All the technologies you push either don’t exist or don’t exist at scale or acceptable cost. Norway is a red herring. Tonight 90% of its power coming from hydro. UK? 2%. And we don’t have the topography for more.
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Need to stop promoting energy transition as an environmental necessary. It makes huge economic sense for UK energy users and has the potential to create thousands of high quality jobs. Environmental benefits are an added bonus.
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@afneil Stop taking a snapshot to suit your agenda, it’s woefully misleading. Over the last 7 days, renewables have generated 42.2%. Combination of more wind/solar plus utility scale battery plus small modular nuclear reactors from rolls Royce and you have a post Brexit export success
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Update — wind now providing 0.61% of GB electricity demand. France currently providing 25 times as much to us.
Andrew Neil@afneil
Wind generating less than 5% of UK electricity this morning, solar even less (3%). Both wind and solar utilising only a small fraction of installed capacity. Gas generating 55% electricity. Now, please explain again how the grid will be carbon neutral by 2030 …
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@grantshapps @Conservatives Utter bullshit. Conservatives are clearly the party of bare faced lies. Labour are pro nuclear as part of energy transition. Stop your stupid lies.
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You know Just Stop Oil now meet Just Stop Nuclear
Today the @Conservatives launched a massive revival of nuclear power and these are the eco-fanatics and anti-nuclear radicals who want to stop us growing the economy and protecting you from energy warfare
Read the thread below👇
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