General > General Technical Chat
"Gas Armageddon": Energy/electricity prices in EU/UK (and how to deal with them)
<< < (4/139) > >>
JPortici:

--- Quote from: tom66 on August 24, 2022, 06:45:08 pm ---As most people in the EU and UK will know, natural gas prices are rising like mad.  There are a few reasons for this, although like many economic crises it is not caused by a singular factor.

--- End quote ---

Yes it is. brokers were gambling on gas futures at least since april 2021. At that time they had already moved on from steele/wood/etc and chips. Current gas and fuel prices were in effect about two months before the whole russia/ucraine war.

At that time a couple of those guys told me brace yourself for next winter.
I said how can you sleep at night?
They said: this is how the world works.
You can imagine what i would do to these people and their pretend world that has very real consequences to the average joe.

Financing world gamlbing is behind everything from the raw materials price craze to chippageddon to the current energy crisis. There is no reason for current prices. Supply is there, reserves are full, and yet prices don't go down because "the market" and as all chip companies are pushing record revenues while they have "no stock" oil companies are doing the exact same. Though this time governments are not going after them for some reason
tszaboo:
I have a chimney, and an open fireplace, and maybe I'll consider buying a chainsaw, there is plenty of trees around. Though you are also already too late to cut down trees, it needs months to dry out. Apparently deforestation is an issue back in the old country.

Honestly, IDK. I have district heating, coming from a coal fired plant (yuk I know, this is what comes with the house). I'm not even connected to the gas network. But the Dutch government in their infinite wisdom, set the same price for district heating than gas heating. Maybe now they finally change this to something sensible, like paying based on costs. It's literally beyond my control.


--- Quote from: bingo600 on August 24, 2022, 07:35:33 pm ---DK electricity prices hit a 10 year all time high today  -  :scared:  :-\
1 Kwh = 1.27€  - between 19.00 & 20.00
DK State taxes included in the above  approx 30..40% of the above - They're cashing in biiiggg time on the increased "Spot prices"
Lowest price in this 24hr window is 0.83€/Kwh

--- End quote ---
I was just calculating that above something like 60c/kwh, it is cheaper to power your house from a diesel generator. This has to be some sort of joke, or someone is making extra profit.
MT:

--- Quote from: tom66 on August 24, 2022, 06:45:08 pm ---As most people in the EU and UK will know, natural gas prices are rising like mad. What personal actions are people taking to reduce their exposure to the increase in costs?

--- End quote ---

You can also join Dont Pay UK.
https://dontpay.uk
AndyBeez:
From the UK: British consumers are set to pay most of their incomes this winter to help fatten the fat cat energy speculators, profiteers and sanctions flouting oligarks. And the British government tells the brits this is the price we must all pay for freedom. Meanwhile, the British government is enjoying one of it's biggest tax windfalls in history. Across all free western governments, it is in their self interest to spin out this crisis for as log as tax payers have money left to tax. Maybe our leaders are going to invest in solar roadways?

Look out Australia, there's a load of europeans on their way for your summer heat, as the air fare is likely cheaper than boiling kettle of water by November.
SiliconWizard:

--- Quote from: AndyBeez on August 24, 2022, 11:26:55 pm ---(...) And the British government tells the brits this is the price we must all pay for freedom.(...)

--- End quote ---

Funny, the french president said EXACTLY the same sentence: https://www.lefigaro.fr/politique/payer-le-prix-de-notre-liberte-macron-doit-s-expliquer-sur-son-appel-aux-francais-estime-ciotti-20220822

I bet many other european countries got the same message to the letter.
I'm sure this "political marketing" is pure coincidence. :-DD
Navigation
Message Index
Next page
Previous page
There was an error while thanking
Thanking...

Go to full version
Powered by SMFPacks Advanced Attachments Uploader Mod