How To Get Energy Prices Down

What are potential %s of solutions, even if they are 0.1%s?

We could think of it like this:

  • We could search for 100,000 pieces of information that are highly directly or indirectly relevant to a solution/ are like puzzle pieces for the interim and full solution

  • As we add these, we could search for the 10, 40, and 80 best 0.1 - 20%s (preferably larger) that we could do to solve this

  • The interim and full solutions could then start to form

  • This needs to take include both energy prices and the 2025 goals, because both are important: Why Climate Change Matters So Much

1. There are different types of energy you can buy, so researching the supplier that is best for you is a good starting point.

  • For example, you can research a variety of main grid suppliers and choose the cheapest ones.

  • You can install solar panels, which have an upfront installation cost but are the cheapest form of energy in human history and will pay themselves off between 2-7 years, drastically reduce your energy bills and can earn revenue instead of paying bills.

  • You can research government help for rental costs and for solar panels, which can be between 10% and 70% off, and you can get green loans for this.

However, what are %s people can do to help reduce overall energy prices?

Potential methods could be around:

2. Low supply- this would mean ways to increase supply

It is a good idea to keep previous energy sources running wherever possible, while at the same time creating more and more less variable sources such as hydropower, geothermal energy, tidal power, and more variable sources like wind and solar energy in places that have more sun and more wind. It is better to have more energy supply than less energy supply.

The world is expected to move towards solar and wind power in the future, but this depends on a few things-

(1) that they are placed in locations with more consistent solar and wind energy (e.g. inland and in windy places)

(2) that storage and battery technology speeds up

(3) this can be helped by, carefully and ethically, strongly encouraging the world to contribute 100 billion %s of solutions, even if they are 0.1% and 0.01%s

(4) that solutions for peaker plants are created, such as the government buying these and private companies operating these, or creating large amounts of storage technology and getting them to fill these up, or running smaller peaker plants 24/7, especially into storage facilities)

(5) if larger scale country grids are linked up, could this mean that excesses of energy supply in one part of the country makes up for shortages of energy supply in other parts of the country- it would be excellent if there was more information about the strengths and weaknesses of this method

Because the world buys and sells electricity across borders, countries deal with international energy prices and with locally produced power plant prices. Therefore, solutions that are useful for and communicated internationally are particularly helpful.

3. High demand

There is higher and lower demand at different times, and this depends on international as well as local demand. For example, high demand during winter evenings and nights and high demand for air conditioning during heat waves.

(1) If you have your own solar panel system, you can set this up so energy goes to your home first. However, this might depend on if you have a solar battery.

(2) It could be that there might be ways for international high and low demand to balance each other out.

(3) Ways that you can be more energy efficient, through energy efficient products and practices, are helpful.

4. High supply costs

Sometimes components of parts are higher, such as coal or uranium. For example, if coal costs more, then this price might need to be passed on through higher main grid supplier prices. Or if uranium costs more, then this price might need to be passed on through higher nuclear prices.

(1) Hopefully consumers can be understanding when this happens

(2) The question is, why are supply costs higher and what are %s that could be done to help lower them?

5. Opportunism with prices- when demand is high, some customers are willing to pay more so some retailers raise prices. This is sometimes fair and sometimes unfair- it depends on each unique case.

It is important for consumers to avoid quick conclusions with this.

When there are 10+ interacting factors, it can be more complex, but it is worth pursuing.

What could be the 100,000 puzzle pieces that start to clarify the

10, 40, and 80 best things that could be done to solve both the 2050 goals and higher energy prices?

 
 
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