Sam Peacock

speaker
187 appearances 1 recordings 1 series first heard Jul 2026 last heard 28 Jul

Sam Peacock’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

Appearances

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And then policy costs is the other one you get lots
Of interest and attention on.
Actually, when you look at the numbers, you probably had about a hundred up on them over that period, then about 75 off as the government's taken different pieces on.
So it's just an interesting way of looking at it.
And of course, what the graph that we've got in there doesn't tell you, Sam, is obviously along that journey there's been things like the Ukraine crisis.
We had what is 45 billion of taxpayer money being thrown into the system.
But it's an interesting reality that the historical
Prices are mainly driven by inflation and wholesale.
It is not the other parts of the bill that have driven it.
That I think is important information.
It's really important.
The way I think about networks is you are going to have to invest in our networks.
That is the reality.
We're gonna have to connect more energy, we're gonna have to upgrade the grid, but you get a lot back for that, that investment.
We calculated Varacity, which is North of Scotland transmission projects.
The payback on theirs is about eight years alone, basically due to the the balancing costs, et cetera.
But the important thing I would say on networks is they are the route through.
The cheapest route for this country.
is one of renewables plus electrification.
The networks enable the renewables to connect to the grid.
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