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| "Gas Armageddon": Energy/electricity prices in EU/UK (and how to deal with them) |
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| Squarewave:
--- Quote from: MT on August 24, 2022, 10:56:42 pm --- --- 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 --- End quote --- Doesn't look like a lot of interest. They need 1 million until they hit the button. |
| tom66:
Is the issue caused by speculation? Really? Speculators make profit between the buy-sell spread; they attempt to profit from small changes in price. They do not generally profit from the price of the commodity itself, not for gas at least. This is because they don't usually store gas (that's expensive) and they don't produce it. So if the hypothesis that this high gas price is caused by speculation, then where is all of this storage, holding gas back from the market? The "Don't Pay" campaign is silly. I understand that people are struggling and they may simply be unable to pay. However, the energy retailers, the companies who buy energy for their customers on the wholesale market, don't make a huge amount of money in any typical year. In a good year they'd make £25 per customer for a gas and electric contract, for a whole year. They're already making a loss at the current SVR tariff because the wholesale price has jumped even further ahead of the capped price, at least for the UK. The anger is directed at the wrong people and risks further collapse of the energy retail market and higher costs for all. |
| BravoV:
--- Quote from: Squarewave on August 24, 2022, 08:50:07 pm ---Announcement on the radio today said that the UK has just done a month with no Russian energy, whether or not that is also diesel I dont know, but one would assume so. --- End quote --- Do you believe those fuel or even gas is not coming from Russia ? Then I have a bridge to sell you. :-DD Just try to search for news sources, there are two facts, India purchased multiple folds compared to previous year, for the oil from Russia as they got discounted price, and then the distilled results say like diesel fuel is transferred/offloaded quietly in the middle of ocean to some "Western brokers" ships, and then ship it to EU countries and UK included. Other fact, is when the Ukraine invasion started, within days there were massive sanctions against Russia, one of them is stopping the insurance cover on oil/gas shipment thru sea for Russia energy product, but now, few weeks ago, this particular sanction is "QUITELY" >:D lifted, believe you're smart enough to guess what is that purpose, right ? While your country's elites and those brokers are laughing their way to the bank, as the peasants like you are happy with that exorbitant price of energy while the main stream medias keep yelling "Stick it to Putin" and pay more as you are true patriot. :-DD Point is, there are no countries have spare capacity to cover the energy supply lost from Russia, expecting oil/gas producing countries have excessively and idle spare capacity that able to replace Russia's output is naive. Meanwhile , German's economy looks really-really dark ahead, have a friend working with German's chemical giant BASF, that employees now are so worry that mass lay off is going to happen, as the energy cost is too much for the factory to even run, let alone makes profit. This short commentary below explain the situation really well. Remember, when German's economy collapsed, it will drag down the whole EU countries as most EU countries (public secret) are sucking on German's money to survive. |
| Miyuki:
Firstly all that push toward natural gas was based on false premises. Because when taken with transport and mining loses its GWP is worst of all fuels by a huge margin. I wonder how economically hard it will be to switch for some industries to Propane as its price is low/stable now. It tends to be like two times the price of Natural gas, but its price jumps ten times while propane is bound to the oil price and that is relatively stable. I know you will need a relatively expensive tank to start but gas boilers are the same, some just need to change jets or adjust the pressure, and some modern ones with lambda sensors will probably self-regulate. And changing jest in the burner is a matter of a few € The main problem is messed-up energy policy of the EU For me personally, it does not hit me as I use firewood during winter to heat the house and water. And using electricity from a company with plenty of nuclear power at a relatively stable price, there is a price increase like 60+% compared to previous years, but nothing crazy like many times more. |
| Messtechniker:
Check any window and door seals by inserting a piece of paper between frame and seal and then pull the piece of paper out. If there is no resistance, replace the seal. In the case of wood frames, fit seals made of silicone for compensation of any wood shrinkage. Simply replacing with the same type of seal will usually not cut it in this case. |
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