Presumably people would switch if the cost of electricity was low enough for it to be more economical. Decisions that result in the price of electricity staying high provide political leverage to gas producers.
Though, eyeballing the numbers, it really should be very attractive to install heat pumps in the EU despite the high electricity cost. The cost of natural gas is quite high.
I think it doesn't really matter much what is meant throughout - point was about shifting gas demand on to the electricity supply, and whether the grid could cope with it if everyone did that to a meaningful degree.
Heat pumps use 1kw of electricity to get >1kw heat.
Similarly a gas boiler uses 1kW electricity (for the pump) to get potentially >1kW heat out of radiators (and pipes). Because that heat is energy conserved from the gas, not the electricity.
Anyway I didn't mention heat pumps or compare them to resistive heating so I'm not sure what I'm defending.
They only make sense in places that need cooling too, or when electricity gets cheaper.
There are still people in the UK installing heat pumps. Either they have a very rose tinted view of the future direction of electricity prices Vs gas, a rose tinted view of future government taxes/incentives, a rose tinted view of the environmental benefits (eg. By looking at aggregate CO2 emissions instead of marginal CO2 emissions), or they have been misled by installers/builders who make substantially more money if they install a heat pump.
Either that or I got my maths wrong. But I don't think I did.
1. Altruism
2. Already committed
3. They have a pessimistic view of future gas prices.
4. They have solar.
5. They're in a long tail/corner case/different use case from the one you computed.
I'd put my money on 5, depending on how big a % difference. Eg. I've noticed more and more people switching to solar as prices come down and hit an inflection point for them in their use case. Wouldn't be surprised if heat pumps are the same.
* I'm tired of tenants installing window air conditioners.
* I pay for steam heat myself whereas tenants will pay for electricity used by their heat pump.
- ground source was roughly parity with gas (with something like an 8x higher install cost)
- air source heat pumps were more expensive to operate but similar on install costs
However comparing on cost only misses the point, a heat pump is generally capable of cooling as well, which is becoming more of a necessity in the summer.
P.S. You can do silly things with ground loops like use excess solar power to cool during the summer or daytime storing that heat in the ground, then removing some of it in the winter/nighttime.
I’m looking into installing a ground heat pump in a new house (coupled with solar panels) mostly for environmental reasons and all the critics I’ve read so far were about the costs.
It's the CO2 production of that extra generation, known as marginal generation, you should care about, not the nationwide average.
Most of the time, in most of the world, that extra generation is combined cycle gas turbines at ~50% efficiency.
For most people, the only time a new use of electricity is eco-friendly is when all the energy in a country is already supplied by wind/solar/hydro, and therefore a newly switched on thing also gets supplied by wind/solar/hydro.
Obviously the decision to installation a heat pump depends on the marginal generation in 15 years when you are still using that heat pump. That's very hard to predict.
> They only make sense in places that need cooling too, or when electricity gets cheaper.
Heat pumps are used way farther north in the US since I was a kid, including (now) in places that don't need cooling.
Oh, I give up.
Here's some more choice words on the failures of the current Swedish energy policy:
https://www.forbes.com/sites/jamesconca/2021/02/28/irrationa...
[1] https://www.frontiersin.org/articles/10.3389/fenvs.2015.0004...
[2] https://gml.noaa.gov/icdc7/proceedings/abstracts/bhattHI49.p...
Really? 10 to 20x? That's 1,000 to 2,000% Here in the UK we've had suppliers collapse due to some "issues" involving not buying with fixed prices and end users like you and me get bills that are about 150% last year but not 1,000%.
We have (had) quite a lot of innovative suppliers that offered "green" tariffs that were backed by variable suppliers. Unfortunately the shit hit the fan and the price charged back in the day wasn't enough to cover the current rate plus enough profit to cover admin.
https://www.vattenfall.se/elavtal/elpriser/timpris-pa-elbors...
and another:
https://elen.nu/dagens-spotpris/se3-stockholm/
Timpris på elbörsen (on the first site, "vattenfall") means "hourly rate on the electricity exchange". Have a look at the rates for area 3 - Södra Mellansverige (south of the middle of Sweden) and compare with the same day last year ("jämför med - Samma dag föregående år"). You'll see that the rates average some 500 öre (5 sek, about $0.55) per kWh excluding taxes, levies, surcharges and value added tax. At the same day last year the rate averaged about 20 öre, i.e. a difference of 2500%. The rates fluctuate hourly and the last few weeks they've broken all records. The increase for the last month was +245%, averaged over the whole year rates have doubled.
[edit]
Nord Pool have their own reporting on prices:
I'm quite surprised that Scandinavia is having even more problems than say the UK because you have rather a lot of useful topological features (really big hills and mountains and lakes at elevation - ie potential energy). You are also closer to the Ukraine than us for gas so that should be cheaper too.
Our consumer energy market is a bit strange. We have a national grid for eleccy and then have multiple "suppliers" who supposedly compete. The ones who went balls out have gone bust. They generally offered fixed and flexible rates based on the wholesale cost plus their margin. Then the wholesale cost went up rather a lot and they lost their margin and without money in the bank, they went bust. The govt agency for energy then enforced other suppliers to take us on. So I was a customer of "Green" and now I'm a customer of "Shell Energy". You can be sure that Shell are not losing out in any way 8)
I've just noticed that you use the term Nordic countries - is that a better/preferred term to use than Scandinavia?
Scandanavia includes Norway, Denmark, and Sweden. The common factor there is having closely related languages and cultures. However, speaking from experience as an American, we often use "Scandanavian" as a synonym of "Nordic".
Nord Pool covers all the Nordic countries plus a lot more: https://en.wikipedia.org/wiki/Nord_Pool
Little know fact kept out of the media when we had all the flooding over winter a few years back, one nuclear power station had to be shutdown to avoid a meltdown caused by flooding.
Electricity consumption has gone up with the increase in consumer gadgets, ie computers, tablets, mobiles, big massive flat screens, sound systems ie personal cinema setups, its only natural to see electricity demands go up.
And there is not enough of some of the rare earth materials and other metals used to make or maintain electric cars on the planet unless some miners have been keeping deposits secret, so I expect some miners share prices to go up considerably in the future.
(Which should be done. But it'll take time.)
There are electric boilers...
Radiators are heated by boilers...
No heat pump necessary...
Edit: hyperbole ^