Energy Prices (Strictly NO referrals!)

[200sols]

I know, but if there is a nation wide refuse to pay protest that gathers serious momentum, I'll join in.

I'll just continue to pay, not worth the hassle.

 

[Hawk Tuah]

Nowhere near enough to cover demand though is it? (Genuine question, just recalling what was linked in this thread previously)

UK demand, or the whole of Europe?

 

[Goodie]

UK demand, or the whole of Europe?

Uk

 

[MadMossy]

On a sunny, windy day we are more than self sufficient, we even export a fair chunk of it.

The question is though what happens on an overcast, zero wind day, when natural gas is scarce due to supply/demand as most of our supply comes from Norway, if they are squeezed by other EU countries, things could get dire. Power cuts/rations this winter is almost certain in some places now.

 

[BUDFORCE]

On a sunny, windy day we are more than self sufficient, we even export a fair chunk of it.

The question is though what happens on an overcast, zero wind day, when natural gas is scarce due to supply/demand as most of our supply comes from Norway, if they are squeezed by other EU countries, things could get dire. Power cuts/rations this winter is almost certain in some places now.

Already got a generator and a (20?) litre Jerry can, couple of extension leads ready to go.

 

[Zenduri]

Sigh i kinda get tired of saying this all the time. We already have contracts in place for gas to be supplied for the next year. The gas is already bought and paid for essentially its just down to X country or company to supply it and no-one is going to welch on the contract as it would basically kill any trust or contracts with them post energy crisis.

 

[Doobedoo]

Sigh i kinda get tired of saying this all the time. We already have contracts in place for gas to be supplied for the next year. The gas is already bought and paid for essentially its just down to X country or company to supply it and no-one is going to welch on the contract as it would basically kill any trust or contracts with them post energy crisis.

The Sun has to write about something.

 

[Puzzled]

UK demand, or the whole of Europe?

How much gas does the UK get from Russia?​

Russia is Europe’s largest supplier of natural gas, providing around 35 per cent of the gas used across the continent.


The UK’s reliance on Russian gas is far less significant, at just 3 per cent.

About half of the UK’s gas comes from the North Sea, and a third is sourced from Norway.

The rest is made up of imports of liquefied natural gas (LNG) transported to the UK by sea from countries such as Qatar and the US. The Russian gas that the UK receives also comes in LNG form.

These LNG supplies are very sensitive to global market prices and are sold to those offering the highest price.

Where the UK gets its gas from as Russia threatens to cut Europe's supply

Oil and gas are Russia's key exports, and Western sanctions in response to Vladimir Putin's invasion of Ukraine are having a significant effect on its economy

inews.co.uk

---

Be interesting to see how this reduction in supply from Russia to Germany will impact their winter storage plans, a few days ago they were sounding pretty confident.

As of July 23, the storage facilities were at 65.91% capacity. Müller added, "Now it's a matter of achieving the 75% quota by September 1."

The news comes after German gas storage facilities were kept at very low levels while the Nord Stream pipeline was shut for repairs. To avoid such a situation come winter, Germany wants to guard as much supply as it can at present.

Kremlin spokesman Dmitry Peskov criticized German Chancellor Olaf Scholz's comments about the reliability of Russian gas supplies, calling them "in absolute contradiction to reality and the history of deliveries." Russia has shut off gas supplies to neighboring countries such as Ukraine and Bulgaria as a means of sending a message in the past.

German gas importer Uniper just received a government bail out as it teetered. By November 1, Germany hopes its gas supplies are at 95% capacity.

EU: Need for solidarity ahead of Russian gas crisis – DW – 07/25/2022

The European Commission president said EU countries must show solidarity with one another. Member states not reliant on Russian gas are being asked to step up and assist those with reduced supplies.

www.dw.com

 

[MadMossy]

Circumstances change though, while the gas may have been bought/paid for 6 months ago, anything could happen that would mean those suppliers can no longer provide it. What if Putin not only cut the nord stream line, but destroyed it completely. Where would the gas be coming from then, doesn't matter if you paid for it already if you can't get it.

 

[Zenduri]

Circumstances change though, while the gas may have been bought/paid for 6 months ago, anything could happen that would mean those suppliers can no longer provide it. What if Putin not only cut the nord stream line, but destroyed it completely. Where would the gas be coming from then, doesn't matter if you paid for it already if you can't get it.

Again, something else i hate to have to keep saying, we get 3% of our Gas from Russia. It's Germany who would be ****** (53% from Russia i think) not us.

 

[LabR@t]

Yeah thats not going to happen, they only going down if forced by the government or if a unlikely miracle happens on the market.
I think a debt write off fund is more likely.

So If I pay and the chap next can't afford it he gets he's paid?

That ain't right

 

[Stu999]

There was nearly a blackout in London during the heatwave. We (the National Grid) also paid the highest price ever for electricity.

London narrowly avoided post-heatwave blackout

The hottest UK days on record led to extreme constraints in the power system amid hiked up demand.

www.bbc.co.uk

One nuclear fusion please.

 

[LabR@t]

Your energy usage​

June total: £135.70 749.19 kWh​

Electricity
£111.23
399.59 kWh
Gas
£24.47
349.60 kWh.

Plus standing charges

this is low as it will go all year ;(

 

[arknor]

There was nearly a blackout in London during the heatwave. We (the National Grid) also paid the highest price ever for electricity.

London narrowly avoided post-heatwave blackout

The hottest UK days on record led to extreme constraints in the power system amid hiked up demand.

www.bbc.co.uk

One nuclear fusion please.

probably because londons full of buildings with aircon and most the country outside of london won't be

 

[LabR@t]

I see France are banning Aircon from stores with doors open

French shops to be fined for using air-con with door open

The measure designed to cut energy use comes as Russia’s invasion of Ukraine is raising costs

www.google.com

 

[LabR@t]

Air con is a luxury item

 

[chrcoluk]

So If I pay and the chap next can't afford it he gets he's paid?

That ain't right

Yeah if its out of choice, but I can see it happening.

 

[200sols]

I see France are banning Aircon from stores with doors open

French shops to be fined for using air-con with door open

The measure designed to cut energy use comes as Russia’s invasion of Ukraine is raising costs

www.google.com

Entirely sensible regardless of any shortages.

 

[chroniclard]

They are fining people who waste electricity with air con on and doors open. Not banning Aircon.

 

[GIBURROWS]

I'll be up for not paying and just withholding the money in a separate account, I'm not fussed about credit score nonsense.