Weekly data: the global power sector saved $521bn in 2022 thanks to fuel savings from renewables

Comments

• Ktest@feddit.uk ⁨1⁩ ⁨year⁩ ago

  And we’ll see that trickle down through the rest of the economy and not just go into the bank accounts of the executives… right?

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  • bjoern_tantau@swg-empire.de ⁨1⁩ ⁨year⁩ ago

    Image

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  • bernieecclestoned@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

    I bet they’ll increase investment in renewables as well though

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  • Edgelord_Of_Tomorrow@lemmy.world ⁨1⁩ ⁨year⁩ ago

    At least renewables, unlike coal, you can take advantage of for yourself. Rooftop solar pays for itself.

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• JackSkellington@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Haven’t noticed anything on my bills… business as usual

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  • Buffaloaf@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Where I live the power company wants a 30% increase because, according to them, the price of natural gas has been too volatile. Yet the conservative consumers are blaming it on renewables.

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• PaulDevonUK@lemmy.world ⁨1⁩ ⁨year⁩ ago

  My electricity statement showed the second rate reduction in 2 months. This would explain why.

  Somehow I doudt that I received the full benefit but at least it went down which is more than I can say about petrol prices.

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  • bernieecclestoned@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

    Yep, oil price has been pushed up by OPEC production cuts. The sooner we can electrify and get off fossil fuels the better

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• Mojojojo1993@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Fuck if we did.

  Power companies need to be in the hands of the people. Communist this shit up. They do not require to be for profit.

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  • brlemworld@lemmy.world ⁨1⁩ ⁨year⁩ ago

    You are thinking of socialism, not communism. Citizens share ownership of property with socialism. Communism - property is owned by the state.

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    • Mojojojo1993@lemmy.world ⁨1⁩ ⁨year⁩ ago

      Ok. Whichever is best in this regard then

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  • bernieecclestoned@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

    Or just tax them accordingly

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    • Mojojojo1993@lemmy.world ⁨1⁩ ⁨year⁩ ago

      Nope

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  • Edgelord_Of_Tomorrow@lemmy.world ⁨1⁩ ⁨year⁩ ago

    You can install more power than you’ll ever need on your roof and take advantage of this yourself

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    • Mojojojo1993@lemmy.world ⁨1⁩ ⁨year⁩ ago

      Which is great for home owners. Doesn’t work for renters and apartment buildings

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• FlyingSquid@lemmy.world ⁨1⁩ ⁨year⁩ ago

  You mean if you eliminate a major part of your supply chain, you make more money? And they never thought of this before?

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  • bernieecclestoned@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

    They’ve maximised the efficiency of getting a barrel of oil out of the ground.

    Renewables will keep getting cheaper though.

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