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Gas price rises.
Gas price rises.
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Replies: 256
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in CAP Britush farmers were secure and there was plenty of food in the single market
now British farmers may face more comepition and supply routes from NZ etc are less secure |
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If you go back to before we entered the common market the opposite was true and food was a lot cheaper, from what I am told the best subs for farmers today are the enviromental ones, one farmer I know is getting 175 Gs a year not use fertilizer and not to mow his fields before June
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Too fiddly putting the gloves on em...
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Avro Energy and Green have collapsed, becoming the latest firms to be brought down by the sharp rise in gas prices.
Combined with other recent failures, it means 1.5 million people are now facing a switch to a new, more expensive firm. |
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Just like the Royal mail should never been flogged off in the first place
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Some seem to be seeing the big picture,some still clueless.
Big money men put the bufoon in,he wrecks the country,all business goes to the wall,big lads hoover up at rock bottom prices,wages,conditions etc, as the NHS is chiselled bit by bit to the yanks. |
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These services were sold off long before Johnson the big changes that impacted the post office came in under labour
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In Germany, Europe’s largest economy, Verivox 32, a price comparison website, said regional gas providers had announced price increases of 12.6 per cent on average for September and October. That would lead to additional costs for heating a one-family house of €188 a year.
hmmm |
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is brexit a factor in this or not?
i keep hearing conflicting reports |
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Surging gas and electricity costs are forcing European governments to discuss billions of euros in aid for households and stricken suppliers, as concern mounts over a deepening winter energy crisis.
EU energy ministers will meet this week to discuss national responses to a surge in wholesale gas prices, amid concern that they will jeopardise Europe’s post-pandemic economic recovery and undermine Brussels’ plans for ambitious but costly green reforms. Italy is expected this week to unveil a multibillion-euro support package for households. A source at the Italian finance ministry with direct knowledge said “a plausible amount to tackle the issue [of soaring energy costs] could reach up to €4.5bn”. |
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hmmm
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yes it is a problem in Europe too, but isn't it worse in the UK?
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Unfortunate circumstances coming together. Choosing a version of Brexit that meant leaving the big energy market was one of them. A decision that maybe will turn out to be wise long-term, but here it was detrimental.
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'worse' covers a few things. the low ball suppliers going bust is nothing new. Consumers are protected. It's not a big deal. I was with a supplier that went bust once, it's no different to switching and the customers of these gambling type suppliers will be used to switching.
obviously you're in the hands of god in regard to how much domestic demand for gas there will be. it's particularly mild at the moment, so hardly anyone will be using gas. most people overpay during summer so will be in credit with their supplier. who knows, maybe people will go back to the office to save money from needing to heat their homes  |
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So the remoaners are STILL on with the complete fiction that the energy price rise in the UK is due to Brexit, and crap about leaving an EU energy market, when no actual commentator is saying this. They are so delusional. STOP LYING.
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Please refrain from lying about no actual commentator saying that Brexit is playing a role, Just Checking.
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edy reaching for the witchcraft now
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Having a Russian roulette system
in place didn't help. Not like they might have learnt from banks buying cheap money to lend to customers Now its chancers buying cheap energy. Banks went pop when cheap money dried up Energy companies going pop when cheap gas dried up. Cheap gas drying up in part due to brexit |
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Not sure why you are so hell-bent on lying to yourselves and others that Brexit didn't play a role. It's ok, you will be forgiven. It was also just an unfortunate turn of events that made that energy market decision come together with covid.
Brexit without covid = no problem covid without Brexit = problem, but not as big covid and brexit/leaving energy market = big problem. Happens...couldn't have been foreseen. |
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we can agree that the regulation is awful. the business model for the low ballers is essentially a ponzi. they get customers to load up their accounts in advance, and use that to pay for fuel supplied to current customers. it's similar to banking in that way as your deposits/cash on account is not ring fenced. you're personally covered, won't lose but someone does. if there isn't enough cash on accounts to pay for current customers, pop.
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I was with Ovo at one time and they were paying 3% interest on cash on account, higher than any bank account. Of course that encouraged people to overpay if they could. I have no idea how they afforded that model.
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It could be forseen, to some extent
Which is why many in uk refused to sign up with small companies in fear of hitting a big cost rise if supplier went bust at same time as a shortage that forced up price. Some comparison sites had search function without little companies to save time. If you signed up for green in summer you turned down a british gas deal far better than the one you will now get, or from whichever company you end up with. Government say energy cap is 12% But that will not apply to these folk, their rise is likely well over 12%. Most will be folk that took the time to find themselves a good deal. |
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LOL Edy. So lets assume this mystical energy market crap would have saved the UK from price rises. A very major connector from England to France is broken until March due to a fire. 2GW capacity shut apparently, prices shot up.
https://www.reuters.com/world/uk/britains-national-grid-says-fire-ifa1-interconnector-site-2021-09-15/ Was that price rise due to the connector fire or the EU market gouging UK? Please explain to us. How will you bend the laws of physics to have gotten this "cheap" energy to the UK? Do remoaners now have power over the laws of physics when it comes to their Brexit tantrums? According to the National Grid, in 2019 the sum total of energy from all interconnectors was a mere 8% of UK energy requirements. All the commentators I see list over and over: Huge widespread rise in gas prices with the UK relying on Gas, with fingers pointed at world markets and Putin playing games. Oil rigs down for maintenance. Interconnector down. Less wind blowing than expected. Lack of long term storage making fluctuations more brutal. Brexit? Bullsh1t. |
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Or what looked like a good deal
at the time. |
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Just Checking, would you please apologise for your lie that no actual commentator is saying Brexit is playing a role?
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its brexit related in as far as johnson/tory brexiteers promised people cheaper food bills,nore choice and cheaper utility bills and their on the record facts, vat cuts on food,clothes ,utility bills etc etc
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The problem as I see was becoming partially reliant on imported gas when we always had the capability to be self sufficient and still do.
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Furthermore, Just Checking, please refrain from putting up straw men by making it sound like I was arguing staying in the EU/common energy market would have saved the UK from price rises altogether.
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So I'm supposed to take someone writing for a German media outlet to tell a willing German audience that Brexit is bad and Britain is is stupid as "serious commentary"? Get over yourself.
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I am sorry if one of the most respected German paper does not suffice. I should have known your critera for "actual commentator" is someone who only tells you the things you want to hear.
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Please also refrain from lying about the German media outlet telling a willing German audience that Brexit is bad and Britain is stupid. That is not what the article and its author seek to do.
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As Mark Haller writes for West England Bylines, the UK has elected to remain outside the EU Internal Energy Market, even though a considerable amount of the country’s energy needs are met by Europe. As a result, the UK has lost significant control over prices, losing the ability to participate in the energy auctions that determine the cost of fuel.
There are undoubtedly a range of global factors, beyond Brexit that have contributed to the rising prices, namely: high demand for liquefied natural gas from Asia, low winds causing less renewable energy to be generated, outages at some nuclear power stations, and Russia’s decision to restrict energy exports. However, these factors do not change the basic fact that Brexit has accentuated the problem. https://bylinetimes.com/2021/09/20/the-brexit-tax-how-boris-johnson-broke-his-promise-on-energy-prices/ .. |
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Norway and Russia are not in the EU. I hope that this comes as wake up call and we start getting serious about investing in British gas production. Every penny spent on imported gas is a penny lost to our economy and when you look at how much we spend on imported gas and oil thats a lot of dead money
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Norway is a member of the EU in all but name, might even be a part of the internal gas market
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Gas prices are rising all across Europe, but Britain has also been affected by lower winds than usual - denting renewable energy supplies - as well as a recent fire at a National Grid site in Kent.
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Three more energy suppliers have gone bust amid the surge in wholesale gas prices, the regulator Ofgem has said.
Enstroga, Igloo Energy and Symbio Energy said they would stop trading on Wednesday. The trio are the latest companies to go under as soaring gas prices have made price promises by suppliers to customers undeliverable. Together, the suppliers represent less than 1% of the UK market with a total of about 233,000 customers, Ofgem said. Enstroga supplies gas and electricity to about 6,000 domestic customers, while Igloo has about 179,000. Symbio Energy has roughly 48,000 in the UK and a small number overseas |
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IGLOO wellnamed without the taxpayer you,d be going fooooking cold
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