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[News] The Energy crisis
- Thread starter TomandJerry
- Start date
Worthingite
Sexy Pete... :D
To be fair the Indy has become nothing more than clickbait nonsense. What is alarming is why on earth aren't the media at large trying to push for a solution?
KZNSeagull
Well-known member
Chap on R5 says Centrica are a producer as well as supplier. The production side is making fortunes because of the wholesale prices, the supply side hardly anything.
First time I’m semi agreeing with other posters, there could be civil unrest unless they sort this out.
Nobby Cybergoat
Well-known member
- Jul 19, 2021
- 8,754
My prediction for the winter
Record number of deaths among the elderly (apart from maybe the bad covid winter)
Record number of suicides
Waves of businesses going under.
Public buildings to slash opening hours
The above assumes an averagely cold winter.
I don't necessarily expect the government to jump in and pay bills for the whole country. The role of government is to put structures in place to mitigate the effects of global fluctuations. This government has utterly failed to do that.
Record number of deaths among the elderly (apart from maybe the bad covid winter)
Record number of suicides
Waves of businesses going under.
Public buildings to slash opening hours
The above assumes an averagely cold winter.
I don't necessarily expect the government to jump in and pay bills for the whole country. The role of government is to put structures in place to mitigate the effects of global fluctuations. This government has utterly failed to do that.
nicko31
Well-known member
One of Labour's flagship policies needs to be to mass insulation of the UK buildings, both private and public. No brainer
The thinking from some that UK fracking or new oil / gas exploration will solve our current issue is for the birds.
The thinking from some that UK fracking or new oil / gas exploration will solve our current issue is for the birds.
Bob!
Coffee Buyer
- Jul 5, 2003
- 11,719
https://www.simplyswitch.com/labour...o,the move would save households £400m a year.
Labour has announced that they will insulate two million homes within 12 months should they get into power. The ambitious policy comes just ahead of the June local elections, with Shadow Climate Change Secretary Ed Miliband claiming that the move would save households £400m a year.
Justice
Dangerous Idiot
The whole thing is disgusting, energy companies have bought energy at much lower rates than todays prices until at least 2026 hence massive profits.
LamieRobertson
Not awoke
You are revolting…I mean will you be revolting
LamieRobertson
Not awoke
Gosh…their Mp’s will be busy……plus can we wait that long
nicko31
Well-known member
All this faux blaming the French for the border delays at Dover. We love them really...
Oh and things are going so well, here a £20B contract to build us another Nuc power plant
Merci beaucoup!!!
Oh and things are going so well, here a £20B contract to build us another Nuc power plant
Merci beaucoup!!!
KZNSeagull
Well-known member
I think EDF UK made a loss in 2021 didn't they?
And EDF as a whole announced a very healthy 5.3bn Euro half year loss yesterday.
Last edited:
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 36,063
indeed they did, EDF got nationalised recently to bailout before going bust because of the energy crisis. the French will be paying for this in increased taxes or borrowing. not sure what the point was trying to be made.
Green Cross Code Man
Wunt be druv
The point trying to be made is the same point the poster makes endlessly on this, other political threads and often non political threads.
nicko31
Well-known member
Looks like Johnson's ridiculous idea of a nuke a year is about to be buried forever
Its almost like they're trying to get a grip
Sizewell C new nuclear plant under review
The £25bn nuclear project could be delayed or even axed as the government tries to cut spending.
www.bbc.co.uk
Its almost like they're trying to get a grip
nicko31
Well-known member
Wholesale gas prices are falling but looks like in April per unit prices will actually rise as government assistance falls away
Warm winter may lower energy bills later this year
Forecasts suggest bills for households may drop later in the year, although a rise in April remains certain.
www.bbc.co.uk
banjo
GOSBTS
Always amazes me how when things go up in price they very rarely come back down.
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 36,063
in this case the wholesale prices went so high and the cap has stopped us seeing the full extent. if they half from the 2022 average they'll still be 2-3x the average historic prices.
Machiavelli
Well-known member
Yes, the issue of gas prices requires careful explanation. I'm not sure you've achieved it there but, equally, don't think that I could do any better (although I'd probably do it differently).
The post you're responding to is a widely held position: inflation is noticed (with the probable exception of house prices) whereas deflation isn't -- and there's been significant food deflation over several decades for instance -- although that's gone into sharp reversal of late.
If you're in the game of making predictions: are we now entering into a new era where low inflation (house prices excepted) no longer holds?