Damien Jordan
๐ค SpeakerAppearances Over Time
Podcast Appearances
It's kind of crazy, isn't it?
Yeah.
So we fill the holes that we made in the North Sea with carbon.
Okay.
And so the part of the bill, can you remind me how much of the ยฃ100 is the network cost?
So maintenance of the network.
That's 28.
It's quite a large chunk, right?
So why hasn't there been these upgrades in the network prior to this?
And why can't that 28% increase?
include the upgrades that we need?
Why is it that the network costs need to increase?
It feels a bit like the water supply issue of everyone pays for the network to be upgraded, but now the water companies are going, oh, no, we need billions to upgrade the network because it's all fallen apart.
It's like, well, what happened to the money that we allocated for 28% of our bill or whatever?
Why hasn't that
Okay, so would you think then that, you know, all other things being equal, that we're going to see pressures on those network costs increase to get to the point we want to be, so we might see bills increase further?
I think it's a... Gas will, by 2030, you think will be 5%.
I don't know if not you, but say.
But then it would still set the price.
It would still set the price sometimes.