Don't Pay UK

[PNWokingham]

How much has that increased by?

700% - and as mentioned elsewhere it is mainky due to Putin and short sighted planning by European politicians

https://www.telesurenglish.net/news...700-Percent-in-2022-So-Far-20220707-0018.html

https://www.bloomberg.com/news/arti...se-here-s-why?fromMostRead=true&sref=QycjPqYS

 

[greenone]

Another obscene waste of money

Need base load coming from somewhere when the wind isn't blowing and the sun isn't shining.

 

[BiMGuy]

Another obscene waste of money

How do you propose we generate enough electricity domestically without it?

 

[greenone]

700% - and as mentioned elsewhere it is mainky due to Putin and short sighted planning by European politicians

https://www.telesurenglish.net/news...700-Percent-in-2022-So-Far-20220707-0018.html

To be fair i think all politicians are complicit.

 

[bobmac]

I've read we only get 3-4% of our gas from Russia and the rest from the continental shelf and Norway who I've read have lowered their prices?
https://www.cnbc.com/2022/07/06/gas...nt-steps-in-to-end-an-oil-and-gas-strike.html

 

[PNWokingham]

To be fair i think all politicians are complicit.

agree to a large degree. Pushing the green agenda has forced away investment in the North Sea where we could have been producing our own oil and gas rather than importing so much - and the ironic thing is that imports are less green. The whole Energy security and significantly reducing reliance on authoritarian regimes - particularly Russia and China - should be front and centre of what we (and other western, democratic nations) do over the coming decade. We need massive incentives to encourage the energy giants and others in other industries to invest in home grown oil/ gas and other manufacturing etc etc. Much of the energy component will be Green but we need the carbons as well until we have enough base load and other energy sources on line. And that could include fracking - what has made the US an energy colossus and relatively insulated from what is happening in Europe. Why have we not pushed tidal power (base load unlike wind and solar as totally predictable) - there was supposed to be a £1bn small scheme in Swansea, followed by a £7bn scheme in Cardiff. And what of the Bristol Channel option. We have a huge coatline and the biggest todal range in the world, We should have been pushing this, turning domestic companies into world leaders in this area and thus creating massive export opportunities

 

[PNWokingham]

I've read we only get 3-4% of our gas from Russia and the rest from the continental shelf and Norway who I've read have lowered their prices?
https://www.cnbc.com/2022/07/06/gas...nt-steps-in-to-end-an-oil-and-gas-strike.html

that is talking about a 1 day fall! Norway also now likely to cut electic to UK through interconnector

https://www.theguardian.com/money/2...ls-as-norway-threatens-electricity-export-cut

 

[greenone]

I've read we only get 3-4% of our gas from Russia and the rest from the continental shelf and Norway who I've read have lowered their prices?
https://www.cnbc.com/2022/07/06/gas...nt-steps-in-to-end-an-oil-and-gas-strike.html

Its a world market, so the price goes up wherever it comes from.

 

[BiMGuy]

Its a world market, so the price goes up wherever it comes from.

Bbbbbbbbut we took back control!!

 

[bobmac]

I'm off down town to buy some new jumpers and slippers.
Not too many though as I've just read my pension next year will rise by 3.75%

 

[Mudball]

agree to a large degree. Pushing the green agenda has forced away investment in the North Sea where we could have been producing our own oil and gas rather than importing so much - and the ironic thing is that imports are less green. The whole Energy security and significantly reducing reliance on authoritarian regimes - particularly Russia and China - should be front and centre of what we (and other western, democratic nations) do over the coming decade. We need massive incentives to encourage the energy giants and others in other industries to invest in home grown oil/ gas and other manufacturing etc etc. Much of the energy component will be Green but we need the carbons as well until we have enough base load and other energy sources on line. And that could include fracking - what has made the US an energy colossus and relatively insulated from what is happening in Europe. Why have we not pushed tidal power (base load unlike wind and solar as totally predictable) - there was supposed to be a £1bn small scheme in Swansea, followed by a £7bn scheme in Cardiff. And what of the Bristol Channel option. We have a huge coatline and the biggest todal range in the world, We should have been pushing this, turning domestic companies into world leaders in this area and thus creating massive export opportunities

Dont blame green agenda for stopping investments. We have decades of mismanagement in this space. We have been quick to stop investments in north sea.... But we did not make the equivalent investment into renewables. Instead we chose to rely on our european partners to deliver cheap leccy & gas. We have been building Hinkley point nuclear for ages and still cant do it. So quick to shut down investment but not to redirect. As you say there are lots of opportunities in our land, but not the political will to do it. Ofcouse we take every opportunity to blame the tree huggers and world markets for every problem.

 

[PNWokingham]

Dont blame green agenda for stopping investments. We have decades of mismanagement in this space. We have been quick to stop investments in north sea.... But we did not make the equivalent investment into renewables. Instead we chose to rely on our european partners to deliver cheap leccy & gas. We have been building Hinkley point nuclear for ages and still cant do it. So quick to shut down investment but not to redirect. As you say there are lots of opportunities in our land, but not the political will to do it. Ofcouse we take every opportunity to blame the tree huggers and world markets for every problem.

i am fine with blaming the green agenda thanks. It is directly responsible for curtailing investments such as Cambo last year. Now the u turn on thinking due to rising prices may put some developments back on the agenda but they will have large lead times and not change anything in next couple of years or so. As mentioned, the headline grabbing green agenda policies were mis-thought - they should have gone hand-in-hand with the build up of green projects and more domestic oil and gas over the coming two decades that would help see us through towards carbon zero stategy. I agree on decades of mismanagemnt in the whole utility and energy space from a whole European perspective

https://www.theguardian.com/busines...mbo-could-mean-end-big-north-sea-oil-projects

 

[Beezerk]

Pressures of his role, yea, yea, ?.
The point being made was the moral futility of someone doing very nicely, thank you, saying to someone desperate to make ends meet, through no fault of their own.
"!Don't rock my boat, there's a good chap"

I get the point, I just thought it was a very poor one.

 

[SocketRocket]

Ditto to this.

Last week Hinkley B Nuclear Electricity generator was taken off line for good. To replace what they generated all the gas fired generators are going to have to turn up production which means they will have to buy more gas.

Hinkley C will not come on line until 2027, at the earliest.

And the people who made such a mess of planning this disaster won't be the ones going without heating this winter, it will be the hard pressed poorer in society who had no part in it.

 

[SocketRocket]

Dont blame green agenda for stopping investments. We have decades of mismanagement in this space. We have been quick to stop investments in north sea.... But we did not make the equivalent investment into renewables. Instead we chose to rely on our european partners to deliver cheap leccy & gas. We have been building Hinkley point nuclear for ages and still cant do it. So quick to shut down investment but not to redirect. As you say there are lots of opportunities in our land, but not the political will to do it. Ofcouse we take every opportunity to blame the tree huggers and world markets for every problem.

When you say "We" I take it you don't mean "Us" who are the ones who don't get to make these decisions but just pay for the mess "They've" got us into.

 

[SocketRocket]

I'm off down town to buy some new jumpers and slippers.
Not too many though as I've just read my pension next year will rise by 3.75%

Surely that's this year. Next year it should rise by inflation.

 

[SocketRocket]

Bbbbbbbbut we took back control!!

And if we didn't would it be cheaper ?

 

[SwingsitlikeHogan]

And meanwhile…given the sound of silence in the halls of power…Nero fiddles while Rome burns.

 

[RRidges]

Another obscene waste of money

Essential for a low carbon energy and UK's energy security!

 

[SocketRocket]

https://leftfootforward.org/2022/07...-energy-price-cap-measure-to-the-end-of-2022/