TotD - Electricity supply
My Thought of the Day, is around electricity supply. We've read in
the news an article around residents within a 2km radius of a proposed
wind farm can now veto such a development. I'm not sure why you
would. I always thought those huge turbines are quite impressive (we
drove past the one in Newcastle a few days ago http://g.co/maps/2k4nk) So here's the thought... Electricity prices are going up, various
reasons for that, we could even blame Julia Gillard's carbon tax for
that one. Anyway, this is not a political discussion. In normal
business practices, you'll find a common theme around supply and
demand. The demand for power is ever increasing. The average
household now consumes more power than they did 10 years ago. New
televisions, computers, air conditioners, are all common household
appliances, that simply suck up a lot of juice. So my first thought... As a consumer, if I am willing to PAY for it,
then surely I can CONSUME as much power as I possibly want... Sure...
Why not... but now they'll come and argue about clean power, and how
the power I consume pumps a huge amount of CO2 into the atmosphere.
Sounds like a bit of a guilt trip, but that's just my view. So what do the power companies think? I'm wondering about this...
They are hiking the prices to the point where they will turn the
behaviour of people in the opposite way. If power is going to become
more expensive, we will look for alternative ways of doing things. Be
it to install solar, wind turbines, or going back to candles and fire
like in the old days. The point is, by hiking the prices, the power
companies are basically cutting their own throats. So if we get to
the day where I can call up Integral and say : sorry boys, I don't
need you anymore, come remove your meter, will they be happy? If we
all start producing our own power, be it with solar powered torches,
or candles around the house, with soaring electricity prices, you
kinda have to wonder what the CEOs of the power companies are
thinking... To keep a business sustainable, it is important for the business to
evolve with time. If CO2 is a big killer, then the power companies
have to invest in renewable energies. I don't buy into the idea that
I have to pay an extra premium on my bill because they can't manage
their business properly. By simply cranking up the price won't solve that, but will
inadvertantly drive the consumer to find a different supply all
together.
the news an article around residents within a 2km radius of a proposed
wind farm can now veto such a development. I'm not sure why you
would. I always thought those huge turbines are quite impressive (we
drove past the one in Newcastle a few days ago http://g.co/maps/2k4nk) So here's the thought... Electricity prices are going up, various
reasons for that, we could even blame Julia Gillard's carbon tax for
that one. Anyway, this is not a political discussion. In normal
business practices, you'll find a common theme around supply and
demand. The demand for power is ever increasing. The average
household now consumes more power than they did 10 years ago. New
televisions, computers, air conditioners, are all common household
appliances, that simply suck up a lot of juice. So my first thought... As a consumer, if I am willing to PAY for it,
then surely I can CONSUME as much power as I possibly want... Sure...
Why not... but now they'll come and argue about clean power, and how
the power I consume pumps a huge amount of CO2 into the atmosphere.
Sounds like a bit of a guilt trip, but that's just my view. So what do the power companies think? I'm wondering about this...
They are hiking the prices to the point where they will turn the
behaviour of people in the opposite way. If power is going to become
more expensive, we will look for alternative ways of doing things. Be
it to install solar, wind turbines, or going back to candles and fire
like in the old days. The point is, by hiking the prices, the power
companies are basically cutting their own throats. So if we get to
the day where I can call up Integral and say : sorry boys, I don't
need you anymore, come remove your meter, will they be happy? If we
all start producing our own power, be it with solar powered torches,
or candles around the house, with soaring electricity prices, you
kinda have to wonder what the CEOs of the power companies are
thinking... To keep a business sustainable, it is important for the business to
evolve with time. If CO2 is a big killer, then the power companies
have to invest in renewable energies. I don't buy into the idea that
I have to pay an extra premium on my bill because they can't manage
their business properly. By simply cranking up the price won't solve that, but will
inadvertantly drive the consumer to find a different supply all
together.


