Energy bills
- wheelnut
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Re: Energy bills
They forgot to mention the big tax Germany is about to put on energy to pay for the new gas terminals.
- Pirahna
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Re: Energy bills
There's a lot of stuff going around at the moment comparing the UK to France and how EDF own the UK's power and we're subsidising them, mostly bollox. French energy pricing is capped, I'm sure big bills will be the way for them but not miss yet. I've no opinion on Germany.
However, the UK they companies that have survived seen destined for record profits. There is no government strategy on how to deal with anything other than to let market forces take their toll.
I had a chat with my sister earlier, she works for the DWP and could be considered one of the unelected bureaucrats who run the country. They're desperately trying to come up with some sort of coherent approach to the whole cost of living thing despite having no political guidance. Boris and the present lot have checked out and are doing nothing, the new lot might disagree with any work the civil service have done and it can start over adding months more delay to implementing any policy. There are genuinely people out there who can't get a better job and buy a new kettle, but then there's a good chance they voted for it.
None of it affects me, I'll be fine. I won't be cold or sitting in the dark this winter (if you believe the power cut forecasts), I do have a little bit of sympathy for those that won't be so lucky.
- Yorick
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Re: Energy bills
But where does it stop, you might be in that position now but if you have that attitude you can quite easily fall at the knees of the greed on show in the future, it's a slippery slope for us here at the moment. No-one really wants to except we are probably all fucked as our economy is fucked and we don't produce fuck all anymore to bring it back together, it's only going to get worse, we need to make sure the greedy don't make it even harder for the normal man than it should be NOW, not when it gets too much!Pirahna wrote: ↑Fri Sep 02, 2022 8:40 pmThere's a lot of stuff going around at the moment comparing the UK to France and how EDF own the UK's power and we're subsidising them, mostly bollox. French energy pricing is capped, I'm sure big bills will be the way for them but not miss yet. I've no opinion on Germany.
However, the UK they companies that have survived seen destined for record profits. There is no government strategy on how to deal with anything other than to let market forces take their toll.
I had a chat with my sister earlier, she works for the DWP and could be considered one of the unelected bureaucrats who run the country. They're desperately trying to come up with some sort of coherent approach to the whole cost of living thing despite having no political guidance. Boris and the present lot have checked out and are doing nothing, the new lot might disagree with any work the civil service have done and it can start over adding months more delay to implementing any policy. There are genuinely people out there who can't get a better job and buy a new kettle, but then there's a good chance they voted for it.
None of it affects me, I'll be fine. I won't be cold or sitting in the dark this winter (if you believe the power cut forecasts), I do have a little bit of sympathy for those that won't be so lucky.
Equal rights for all etc!
I'm going to have to help my elderly parents for the next few months as they cannot turn on the heating at the new prices. They just say 'will put on more jumpers etc' but my old's have worked all their life inc my old mans dad loosing his life in WW2 and my old man giving 25 years of his life to the RAF, but they now can't even have the heating on, i will not let that be their reality! Also a a few mates getting some serious mental health issues now due to all the inflation, it's bollox, your lucky to be in the position you are in, it might not last!
- Horse
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Re: Energy bills
Look on the bright side. JRM intends to cut their numbers by 25%.
Keep up the good work, folks. Just do 33% more work, ok?
Even bland can be a type of character
- Pirahna
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Re: Energy bills
Dude, the reason it doesn't affect me is that I'm currently sitting on my deck in Spain, it's about 25 degrees. Power wise my house is off grid, unless my solar system breaks down I'll be good. I have two worries living where I do. One is water, I'm hoping for a wet winter, but then so is most of Europe. The second concern is a forest fire, not much I can do about that.Greenman wrote: ↑Fri Sep 02, 2022 8:57 pmBut where does it stop, you might be in that position now but if you have that attitude you can quite easily fall at the knees of the greed on show in the future, it's a slippery slope for us here at the moment. No-one really wants to except we are probably all fucked as our economy is fucked and we don't produce fuck all anymore to bring it back together, it's only going to get worse, we need to make sure the greedy don't make it even harder for the normal man than it should be NOW, not when it gets too much!Pirahna wrote: ↑Fri Sep 02, 2022 8:40 pmThere's a lot of stuff going around at the moment comparing the UK to France and how EDF own the UK's power and we're subsidising them, mostly bollox. French energy pricing is capped, I'm sure big bills will be the way for them but not miss yet. I've no opinion on Germany.
However, the UK they companies that have survived seen destined for record profits. There is no government strategy on how to deal with anything other than to let market forces take their toll.
I had a chat with my sister earlier, she works for the DWP and could be considered one of the unelected bureaucrats who run the country. They're desperately trying to come up with some sort of coherent approach to the whole cost of living thing despite having no political guidance. Boris and the present lot have checked out and are doing nothing, the new lot might disagree with any work the civil service have done and it can start over adding months more delay to implementing any policy. There are genuinely people out there who can't get a better job and buy a new kettle, but then there's a good chance they voted for it.
None of it affects me, I'll be fine. I won't be cold or sitting in the dark this winter (if you believe the power cut forecasts), I do have a little bit of sympathy for those that won't be so lucky.
Equal rights for all etc!
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Re: Energy bills
It's fine, they we can just invent an extra 2 days in the week, 9 day week. Elon will send a spaceship up and come back with the knowledge!
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- wheelnut
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Re: Energy bills
I’ve said further up there that this is the main issue. There are no caps for business energy use.
There’s a local farm shop that spends 20k per year on energy, mainly on freezers. The lowest they can negotiate a deal on is the thick end of 200k.
They’ve elected to just shut the doors.
If the government don’t intervene on this it’s going to be catastrophic for all high energy use small businesses, not to mention massively inflationary.
Unfortunately the government are in navel gazing mode and will be for a considerable while longer once truss calls a GE.
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Re: Energy bills
Failing businesses is a worry, businesses and people being pushed to find less energy intensive solutions is a good thing.
The whole 'stick it to the man' seems a bit dim, how big does a business need to be before it flips from good to evil? All businesses are there to make money out of people, even 22 cover restaurants.
The whole 'stick it to the man' seems a bit dim, how big does a business need to be before it flips from good to evil? All businesses are there to make money out of people, even 22 cover restaurants.
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Re: Energy bills
I suspect it's when ownership is with shareholders.Mussels wrote: ↑Sat Sep 03, 2022 9:20 am Failing businesses is a worry, businesses and people being pushed to find less energy intensive solutions is a good thing.
The whole 'stick it to the man' seems a bit dim, how big does a business need to be before it flips from good to evil? All businesses are there to make money out of people, even 22 cover restaurants.
- wheelnut
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Re: Energy bills
Mussels wrote: ↑Sat Sep 03, 2022 9:20 am Failing businesses is a worry, businesses and people being pushed to find less energy intensive solutions is a good thing.
The whole 'stick it to the man' seems a bit dim, how big does a business need to be before it flips from good to evil? All businesses are there to make money out of people, even 22 cover restaurants.
https://www.fsb.org.uk/uk-small-busines ... stics.htmlAt the start of 2021 there were 5.5 million small businesses (with 0 to 49 employees), 99.2% of the total business. SMEs account for 99.9% of the business population (5.5 million businesses). SMEs account for three fifths of the employment and around half of turnover in the UK private sector.
- wheelnut
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Re: Energy bills
All companies are owned by shareholders. I think you mean a plc, but even a plc can be surprisingly small.
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Re: Energy bills
I’ve worked for such small employers and some were thoroughly malignant.
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Re: Energy bills
An interesting article written one year ago (so pre-Ukraine war) explaining why UK energy prices are more susceptible to increases during times of tight supply. One of the main reasons mentioned is that the UK is very reliant on gas imports , which makes the following a bit worrying
https://ukerc.ac.uk/news/cost-of-gas-by-default/However, the problem here is that gas production from the UKCS is forecast to continue to fall and the Oil and Gas Authority predicts that the level of gas import dependence could reach 69% in 2030 and 83% in 2040.
- irie
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Re: Energy bills
The UK's gas supply problem is lack of storage capacity ...
https://www.reuters.com/markets/europe/ ... 022-06-29/
https://www.reuters.com/business/energy ... 022-08-30/
https://www.reuters.com/markets/europe/ ... 022-06-29/
... which is why the Rough storage facility is being recommissioned.Britain has since the end of March exported record amounts of gas to Europe, the National Grid (NG.L) said on Wednesday, as EU countries seek to fill their gas reserves to protect against any further interruptions in flows from Russia.
Britain often has gas to spare during the lower demand summer months and very little storage.
As a result around 75 million cubic metres (mcm) per day have been flowing to Europe, a spokesperson for the National Grid, which oversees the country's energy supplies, told Reuters.
https://www.reuters.com/business/energy ... 022-08-30/
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