Zero wind and its cold.
Energy Prices (Strictly NO referrals!)
- Thread starter DXP55
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Soldato
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- 14 Oct 2007
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- newcastle
Should be cheap as chips come the weekend then
Man of Honour
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Yes, some people harp on about gas being cheap and renewables pushing up prices.
The last few days; exceptionally low wind and a tiny amount of solar which means no Renewables subsidies to bleat about : Electricity well over £150/MWh
A chance for Gas to demonstrate how cheap is it is (as they keep telling us) but it seems it’s not after all, what a surprise.
With the way our energy market works, you also don’t want to be on a day ahead tracker in rising market.
Price cap is backwards looking so you want to be catching the tail of lower prices.
Fixed tariffs are forward looking but it’s not day ahead prices, it’s a long term agreement for supply.
Day ahead prices are massively impacted by the weather, and the weather has been awful for renewables for the last 2 months. All the long periods of high pressure in winter mean lots of cloud so solar is well down for the time of year and still air so wind is also well down on typical. On the plus side, it’s been above average temperatures for longer than usual.
Price cap is backwards looking so you want to be catching the tail of lower prices.
Fixed tariffs are forward looking but it’s not day ahead prices, it’s a long term agreement for supply.
Day ahead prices are massively impacted by the weather, and the weather has been awful for renewables for the last 2 months. All the long periods of high pressure in winter mean lots of cloud so solar is well down for the time of year and still air so wind is also well down on typical. On the plus side, it’s been above average temperatures for longer than usual.
No this is the new norm, the suppliers know the market will sustain these prices so they won’t allow it to drop too far.
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I mean it depends what you mean.
Natural Gas is how we heat most homes, Ukraine cut off more supply so more demand now from other providers.
At the moment there’s not a lot of Solar or Wind, and we have no coal power stations, so natural gas is the big electricity generator.
Perfect storm.
However as it gets windier and as we get into the summer with more solar electricity will come down, as will demand for natural gas.
Until we as a country properly invest with our money or at least borrowed money into nuclear, it won’t come down for a good while. But we’d rather the French do the investment (and reap the rewards) for us.
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I guess normalise Kotatsu.
Given the price cap is going up in April, Down a tiny smidge in July, then up again in October probably not.
Apparently Germany has started upping it's gas buying for next winter which will probably start pushing gas prices higher.
When will the Uk start benefitting from green energy, is there an end goal or is there a constant cost to fitting and maintaining green energy. There just doesn't seem an end to the high cost of living. Should the public make big changes to there own home to Bring down costs rather than waiting for the Gov to do anything.
When the Government eventually ends the stupid contract for difference method of paying suppliers the same rate as the highest.
Worked well in the past, doesn't work well now with stupidly high gas prices. Even if gas is only supplying 10%, all suppliers get paid as if it was gas generated electricity.
Lord only knows when that will happen, if ever, because gas is going to be contributing to the grid for at least another 20 years, probably more.
Worked well in the past, doesn't work well now with stupidly high gas prices. Even if gas is only supplying 10%, all suppliers get paid as if it was gas generated electricity.
Lord only knows when that will happen, if ever, because gas is going to be contributing to the grid for at least another 20 years, probably more.
Sadly switched from Agile to Intelligent go. There just is hardly enough low price points nowa days to try and capitalise and benefit from with the much higher periods. + i need to charge my car and getting fed up paying 22p+ per KWH when i have no choice LOL.
i remember writing about going on agile a while ago, thank goodness i didnt, had a look and wow the prices are insane now.
im on 6p gas, with 11 months. the 14 month one is 6.5p, might just stick with it, but the 14mth one would get through another winter
i really hope the morocco solar cable project is viable. Seems like a great idea on paper. a country with so much sun and poor land for agriculture supplying us seems win win all round to me
im on 6p gas, with 11 months. the 14 month one is 6.5p, might just stick with it, but the 14mth one would get through another winter
i really hope the morocco solar cable project is viable. Seems like a great idea on paper. a country with so much sun and poor land for agriculture supplying us seems win win all round to me
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Connecting solar in Morocco to Spain is easily doable. It might alleviate some of the energy France has to regularly send down to Spain. Nearly 3GW currently.
I cant complain too much, ive been on it for about a year and had a decent time of it. In the main i think i have paid less than i would have on any other tarrif, But the good days over time just seemed to have dried up more and more. I know its a bad time of year but just seems harder in general to justify it. Anyway happy to go with inteliigent go more so because of car charging.
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Soldato
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if you can afford it and are planning on staying in your home (and you own it) for the next 7 years i would say taking the initiative yourself is a no brainer.
Man of Honour
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- 21 Nov 2004
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Enjoying this EV tariff. Great that it lasts until 7am, covers us getting ready for work too. Have chucked most things into it now, 3x dehumidifiers, hot tub heating for the weekend when we use it, dishwasher, air heat pumps across the whole house and then switch to gas after the tariff ends to maintain the heat, at least on days when we’re home. Seems to be saving a chunk. Oh, and charging the EV that works out at pennies now.
Have switched our other place onto a fixed tariff finally, seems a fair bit cheaper than before and at least now we’ve lived there for a while the ‘estimated use’ works out at about £40 a month rather than the £400 or so they were estimating from the previous owners.
Have switched our other place onto a fixed tariff finally, seems a fair bit cheaper than before and at least now we’ve lived there for a while the ‘estimated use’ works out at about £40 a month rather than the £400 or so they were estimating from the previous owners.
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Man of Honour
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@CaptainRAVE Who is that with and what time does the cheap period start from at night? I am on Intelligent Go and my 7p rate is from 23.30 to 05.30 so a longer cheap period would be great, even better if it was cheaper.