View attachment 21867
Fucking hell, is this accurate?
We’re getting better at ‘recycling’ spent nuclear waste for starts. Can always fire it into the Sun, in all seriousness
I wonder what structural factors are at play here?I mean, I would expect ours to be a bit more expensive, what with the sea in between us and Europe, but that's extortionate.
It's unbelievable that we (and indeed any developed nation) aren't able to create enough renewable energy to service our own needs.
We're surrounded by coast. It's windy and rainy. I'm sure we can invest enough in tidal, wind and hydroelectric to service our needs, topped up with a bit of solar energy.
But of course I know why we haven't done that yet. It's not in the interests of those who have a lot invested in stuff like gas and have a very loud voice in the ear of politicians.
View attachment 21867
Fucking hell, is this accurate?
People are claiming this is fake news further up the thread, I’m not sure that’s right. A quick google will get you old stats and with tax included, but the current wholesale price differential is about what’s in that graphic:
Brexiters will tell you its fake news as they don't want to admit they have helped fuck the country up. They'll also tell you that we have 50K more nurses and 40 new hospitals.
NO. It is plainly horseshit.
The first graphic is utter bollocks......probably just being pushed by the bitterest of remainers who can't bear to let 2016 go....
However, I have no problem with Shmmeees later graphic that appears to be far more credible.....
Big fucking difference between £400 and 170 euro tho innit......FAKE NEWS.
Id imagine they’ve taken the max values, our range is huge compared to the rest so max vs average would make a big difference.
**probably just being pushed by the bitterest of remainers who can't bear to let 2016 go....
NO. It is plainly horseshit.
The first graphic is utter bollocks......probably just being pushed by the bitterest of remainers who can't bear to let 2016 go....
However, I have no problem with Shmmeees later graphic that appears to be far more credible.....
Big fucking difference between £400 and 170 euro tho innit......FAKE NEWS.
So basically its way more expensive here?
No not to the consumer I cannot see any evidence it is - Denmark from what I see is the most expensive European country though in February this changed
OVO Greener Energy | OVO
You’ll get 100% PPA backed renewable electricity + £20 to support new renewable generators. Together, we’re powering a more sustainable future for the country.www.ovoenergy.com
Spot rates generally are irrelevant as most energy suppliers purchase in bulk. You can get fixed rates as a consumer at no real increases to last year if you shop around - businesses can get 5 or 6 year fixed deals especially on electricity very easily.
Rates are clearly rising for wholesale purchases
What’s Behind Europe’s Skyrocketing Energy Prices
Europe’s power costs have been pushed through the roof by a supply crunch in natural gas, the risk of military conflict in Ukraine and bottlenecks for renewable energy. Compounding the problem, France’s aging nuclear reactors -- the backbone of the region’s power system -- are becoming more...www.bloomberg.com
Spin can be put on anything - household electricity comparisons are not it seems available in 2021 but this is 2020 - so you can I am sure try but there is no Brexit issue here - be disappointed
Electricity price by country 2023 | Statista
The cheapest electricity prices in the world could be found in Iran in 2023, whereas the cost of electricity per kwh was highest in Europe.www.statista.com
Spin can be put on anything -
You should tell the news channels and energy orgs on them that 90% of suppliers potentially going bust is fake news then.
You should tell the news channels and energy orgs on them that 90% of suppliers potentially going bust is fake news then.
I'd argue it's likely being a little selective in leaving off the southern countries - prices are increasing by 40% here.View attachment 21867
Fucking hell, is this accurate?
He reminds me of that Iraqi Minister of Information guy who proclaimed the US were about to be destroyed, as the tanks literally rolled in behind him
NO. It is plainly horseshit.
The first graphic is utter bollocks......probably just being pushed by the bitterest of remainers who can't bear to let 2016 go....
However, I have no problem with Shmmeees later graphic that appears to be far more credible.....
Big fucking difference between £400 and 170 euro tho innit......FAKE NEWS.
NO. It is plainly horseshit.
The first graphic is utter bollocks......probably just being pushed by the bitterest of remainers who can't bear to let 2016 go....
However, I have no problem with Shmmeees later graphic that appears to be far more credible.....
Big fucking difference between £400 and 170 euro tho innit......FAKE NEWS.
I understand the general point about it credibility and remain campaign misrepresentation, but, that graphic in shhmmmeee's post still seems to show that the UK is now paying is 100% more for wholesale gas than the average across Europe. That is a fucking disgrace and the government must be held to account for it.
You're showing the domestic prices from 2020. When the recent increase in wholesale prices filter down into UK household bills we'll compare.But I don't think they are
This graph is 2020 and prices have risen since then and the UK average this year is 17.8 pence per KW
Electricity price statistics - Statistics Explained
EU statistics on electricity prices for households and non-households analyse their evolution and the differences between countries.ec.europa.eu
You're showing the domestic prices from 2020. When the recent increase in wholesale prices filter down into UK household bills we'll compare.
It's a fair point, it might be a capacity thing though. Perhaps some of the big suppliers have fixed X amount of their consumption but there are pressures on anything above thatBut don't most energy companies actually buy wholesale energy and also sell it at some point? I know one company I work with who has secured a 5 year fixed rate at the same level they had before for electric which I do not see as achievable if everyone was buying these rates
It's a fair point, it might be a capacity thing though. Perhaps some of the big suppliers have fixed X amount of their consumption but there are pressures on anything above that
The absurdity comes from pretending that a public monopoly could be turned into an open and competitive marketIncredibly there are over 60 energy suppliers in the UK which is absurd. Most will not have resources to hedge the energy price and are essentially speculators that will now go down - most likely due to Gas hikes as much as electricity
Its absurd many of these have a licence
I'm not denying it's a shitshow......was just disputing the statistical distortion...I understand the general point about it credibility and remain campaign misrepresentation, but, that graphic in shhmmmeee's post still seems to show that the UK is now paying is 100% more for wholesale gas than the average across Europe. That is a fucking disgrace and the government must be held to account for it.
Exactly....no natural monopolies should be left to market forces with suppliers basically hedging bets on a futures/ commodities market.......we should (but never will) renationalise the water, energy, railways, broadband etc..The absurdity comes from pretending that a public monopoly could be turned into an open and competitive market
Incredibly there are over 60 energy suppliers in the UK which is absurd. Most will not have resources to hedge the energy price and are essentially speculators that will now go down - most likely due to Gas hikes as much as electricity
Its absurd many of these have a licence
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?