Energy prices

Billy69_uk

Well-known member
Remind me why the war in Ukraine is blamed for pushing up wholesale gas prices and doubling the domestic energy prices, when the majority if Uk energy is from renewable sources?

getting ripped off much under the blanket of stakeholder dividends?


1675258258190.png
 
Remind me why the war in Ukraine is blamed for pushing up wholesale gas prices and doubling the domestic energy prices, when the majority if Uk energy is from renewable sources?

getting ripped off much under the blanket of stakeholder dividends?


View attachment 52026
Because in the UK electricity market the price paid is effectively set at the level of the most expensive supplier to the grid.
 
Supply and demand.

Big polluters who don't give a damn about the environment will buy whatever energy is cheapest. Normally that means gas, but if gas prices rose above the price of renewables then they'd buy renewables instead. That extra demand for renewables raises the price until it's back above the price of gas, at which point the polluters move back to gas.

The unsubsidised price of renewable energy will always be slightly higher than the price of non-renewable, because the demand for it is always greater.
 
Supply and demand.

Big polluters who don't give a damn about the environment will buy whatever energy is cheapest. Normally that means gas, but if gas prices rose above the price of renewables then they'd buy renewables instead. That extra demand for renewables raises the price until it's back above the price of gas, at which point the polluters move back to gas.

The unsubsidised price of renewable energy will always be slightly higher than the price of non-renewable, because the demand for it is always greater.
The system is working as intended :(
 
The system is working as intended :(
Well ... yeah, it really is.

If you'd said 10/20 years ago that in 2023 the cheapest and most profitable source of energy will be renewables, without the climate damage or the dependence on foreign oil, that would have sounded amazing.

It sucks that everyday consumers are the ones paying for it, and that's what the government need to fix (ideally with state-owned infrastructure) but the underlying profitability is probably a good thing.
 
The price shown in the price for electricity - in this country it appears not to be priced by source type i.e price for wind powered electricity, gas powered electricity etc.
 
The price is high because of the Conservative government’s policy to pass the cost to the general public rather than the energy companies.
The Tory donors (sorry, I meant energy companies) are making billions out of this racket.
It is a political choice.

Many European countries chose a different choice.
 
The price is high because of the Conservative government’s policy to pass the cost to the general public rather than the energy companies.
The Tory donors (sorry, I meant energy companies) are making billions out of this racket.
It is a political choice.

Many European countries chose a different choice.
Why make stuff up?
 
The price is high because of the Conservative government’s policy to pass the cost to the general public rather than the energy companies.
The Tory donors (sorry, I meant energy companies) are making billions out of this racket.
It is a political choice.

Many European countries chose a different choice.
Absolutely this, it's a political choice.

As long as big profits are being generated, much of which is coming from the public purse, the government is perfectly happy.
 
doubling the domestic energy prices
You must be still on a very good deal.
Gas today is 16.9p kWr whereas Jan 21 I started a new named gas supply at 2.95p kWr diff is 5.7 times more. EPG protection of 10.2 still makes it 3.45 times more though
Electric is 52p whereas Jan 21 I also changed the name on the account and got standard tariff of 16.7p = 3.1 times
only the protection of 34p makes it double.
 
Remember when PM Johnson assured us that we were less reliant on Russian gas and therefore we would not be as badly affected as most other EU countries.















































































































































































































































































































































































































































































































































































































































































































































































































































































What a 































































































































































































































































































































































































































































































































Thicker than a castle wall, like the average Etonian.





























































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































At least we are saving something on our lawnmower insurance. The first Brexit benefit that museum Piece Mogg points to when recently asked.















































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































Some real dense folk kicking about, who put these nobs into a positon of power. Apparently they still have 25 support in the polls. Some eopsle are beyond salvation, and are fully deserving of the hardship this government is handing them.
 
Last edited:
Back
Top