Soldato
Prepared to concede yes possibly so, though it's essentially a high powered device that will burn through energy quickly even if on moderate temp.
Energy Prices (Strictly NO referrals!)
- Thread starter DXP55
- Start date
Prepared to concede yes possibly so, though it's essentially a high powered device that will burn through energy quickly even if on moderate temp.
There's a bit more to it than that, and it dates back further than Ukraine
- Mass negative public opinion on Nuclear (despite it being safe, low CO2, less raw materials than wind etc)
- Lots of rumours of "Strategic Consultants" in EU politics from Russia, promoting RU gas over Nuclear for decades
- Germany has de-commissioned Nuclear reactors that can safely keep operating
- France made a blunder with the phasing of de-commissions and building them on rivers (Which dry up...)
- https://slate.com/technology/2022/02/future-climate-nuclear-energy-opposition.html
- https://www.bloomberg.com/news/arti...to-plug-russian-gas-gap-scholz-says#xj4y7vzkg
- Plans to exit Carbon fuels too quickly
- Investment into replacement capacity has not been quick enough, and technology hasn't been there till now
- German errors over Gas imports
- Nordstream 2 games from Russia have been going on for a while
- They don't have any land based LNG ports
- UK strategic errors over it's own energy security
- Reduction of gas storage capacity (WHY?!?)
- Not doing fracking or similar
- Pushing Western Oil and Gas companies away from investing in further production capacity, despite ever increasing global demand
- Issues at LNG export locations (Fires, equipment failure etc)
- Sanctions on Russia due to their invasion
- etc etc etc
In theory, yes. But lots of it will take time as most require significant investment/construction
- Once EU nations have reached their winter storage targets, prices might drop
- America will frack more
- Qatar will boost it's LNG exports
- Croatia and Azerbaijan increases
- Rivers that were dry (e.g. France and Germany) will re-fill improving energy supply
- Germany will build an LNG port
- Accelerated timeline for the Spain-France interconnect
- Spain has been building LNG ports (sensible...)
- https://www.reuters.com/business/en...peline-france-possible-8-9-months-2022-08-12/
- The UK will deploy SMR Nuclear on a massive scale
- But, 10 year timeframe
- Similarly our offshore wind will jump (but it's not always windy)
- High prices will force a reduction in Western demand
- Domestic customers will seek savings (e.g. Solar, heat pumps, lowering thermostats, turning stuff off)
- Commercial customers will diversify their energy supply and also seek efficiency
- Renewables and Nuclear will receive more investment
- China and India however, could be a problem....
oh cool, that's totally fine then.
I didn't say it's totally fine but if that's your conclusion...
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Soldato
You think the government have chosen to increase the price of gas? Do you know how world commodity markets work?
The UK Government has zero influence over global energy prices, Russia gas flows or energy producer profits.
Trusting Russia has put most of Europe in a bad place, lesson learned
deleted.
Really?
I'm not excusing anyone, I'm pointing out the companies making the large profits aren't the ones supplying you even at four times the cost.
Soldato
Plans to cut energy bills if peak-time use avoided
How homes can get discounts if they use less electricity at peak times are close to being announced.
www.bbc.co.uk
Plans which push off peak usage to give lower energy bills.
I mean, I'd gladly use my washing machine at night to have a lower electricity bill. It's a start I guess.
Soldato
Come now, don't talk sense here, we're on OCUK!
Same as always, someone has read the tabloid titles and taken them at face value.
Martin Lewis issues 'fraud' warning over energy meter readings
The money saving expert has warned that providing a false reading to your supplier in order to achieve a cheaper rate could land you in a lot of trouble
www.manchestereveningnews.co.uk
Soldato
The government have no control over this. Every single country is going through this as the price on the global market has gone through the roof due to the extreme supply reduction caused by Russian gas flows being reduced. Less supply means higher prices for all, not just this little island in the Atlantic. The best the government can do in the short term is subsidise the cost a bit (which they are doing, but could do more) but we will be paying this off through more debt. Long term getting our energy production and fuels for this completely within our border and isolated from global market prices (like wind, solar and for the UK as they own more plutonium than anyone else nuclear) will help a lot but this will take decades.
Be interesting to see how this will work in practice. Perhaps I could switch on a load of electric heaters at 8:01pm, cost 50p/kWh to run and get a £6 rebate for every kW used.Plans to cut energy bills if peak-time use avoided
How homes can get discounts if they use less electricity at peak times are close to being announced.www.bbc.co.uk
Plans which push off peak usage to give lower energy bills.
I mean, I'd gladly use my washing machine at night to have a lower electricity bill. It's a start I guess.
Soldato
My plan as I'm retired, buy a duvet suit and live in it most of winter. Reduce showering to once or maybe twice a week. Otherwise good old sixties style cold basin washes. Wear clothes, hang up to air and wear again several times.
Really, it is going back to pre-central heating, pre-constant hot water and laundry done a maximum once a week for a family. Luckily I have been there and done it.
Really, it is going back to pre-central heating, pre-constant hot water and laundry done a maximum once a week for a family. Luckily I have been there and done it.
It was honest mistake gov, didn't have my glasses on.Martin Lewis issues 'fraud' warning over energy meter readings
The money saving expert has warned that providing a false reading to your supplier in order to achieve a cheaper rate could land you in a lot of trouble
I'm just talking a few hundred kWh a month leading to Dec/Jan then use them, as long as you don't take the p they will never know
Bought a house in 2000 with no heating and survived 2 winters v like that, it's tough getting used to it again but as a kid we just had open fires.
Getting into bed you really appreciate a good duvet and a woman to snuggle up too
Whatever you do the new price cap comes into effect on 1 October so you haven't got much time to
Soldato
There is certainly an element of expectation that we can have "all of the things" now and we're used to it. Even the poorest people usually live better than most of the worlds population does.