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Then, if we go further into, for example, offshore wind, yes, it is more expensive, but it is not prohibitively expensive. but again, the question is that we can tjust have the intermittent energy. we need the baseload and the flexibility also. also on this show, markus, because we ve been looking at the energy cost for businesses and households, especially in europe this winter. what s your take, will those bills be lower? last year was a very turbulent one. so, after the attack of russia to ukraine and the disruptions in the gas supplies, energy prices spiked up, the market was in huge turbulence. now it s much calmer, so the forward prices are on completely different lower levels than they were last year. so, if nothing else happens and today s market prices prevail, then energy costs will be lower. but i would say that the markets are very fragile so we can see that with ....
Then, if we go further into, for example, offshore wind, yes, it is more expensive, but it is not prohibitively expensive. but again, the question is that we can tjust have the intermittent energy. we need the baseload and the flexibility also. also on this show, markus, because we ve been looking at the energy cost for businesses and households, especially in europe this winter. what s your take? will those bills be lower? last year was a very turbulent one. so, after the attack of russia to ukraine and the disruptions in the gas supplies, energy prices spiked up, the market was in huge turbulence. now, it s much calmer, so the forward prices are on completely different lower levels than they were last year. so, if nothing else happens and today s market prices prevail, then energy costs will be lower. ....
They have a point, i m just wondering, how do you fix that? in many places, actually, renewables if you look atjust the cost of megawatt hour produced, actually is very competitive. that s the case in the nordics, it is for wind especially. it is the case in sunny areas for solar. so you get low cost megawatt hours. but the problem is the intermittency, and the profile. so how do you deal with that issue? you need the flexibility, you need a system that will bring in also base load into the system. then, if we go further into, for example, offshore wind, yes, it is more expensive, but it is not prohibitively expensive. but again, the question is that we can tjust have the intermittent energy. we need the baseload and the flexibility also. also on this show, markus, because we ve been looking at the energy cost for businesses and households, especially ....
The people that i represent jon, and you pointed out. it s not going to work for you either. you probably saw the report by pjm which is the regional transmission operator that provides electricity for people in our region. he says coal fire and gas fired power is coming off of a grid so fast what the biden administration wants to replace it with his non- dispatch about wind and solar. more dependent on china cannot provide the baseload necessary to heat and cool our homes and to cook our food. it is the wrong way to go we re going to keep fighting for. will see what happens a lot of people are going to be upset if they get forced into changing out th the water heater. congressman bill johnson thanks. thank you. jon: ran head on the fox report soaring to unearth some new ....
In the early stages and are not cost-effective, natural gas was supposed to be the bridge fuel to the future but what we see now, 60% of the reduction of co2 over the last we 10 years, the botnet ministration burning the bridge in front of us, crossing over to greener technologies. this rule is likely going to break the grid. makes it far more unreliable. pete: burning down the bridge before we crossed to the other side with no technology yet. reliable enough or cheap enough to make it something we can use. you say break the grid. as we push toward electric we don t have enough power generation? a great point. several parts of the north american grid are at elevated risk of shortfalls. what the administration is doing is a confluence of events ahead of us in swinton in ten years. 60% of our % of our baseload ....