Energy news in general

pochase · 25 August 2022 at 1:30PM

GingerTim said:

https://www.theguardian.com/business/2022/aug/25/big-energy-firms-refuse-to-supply-small-uk-businesses-bankruptcy-fears-contracts?utm_term=Autofeed&CMP=twt_gu&utm_medium&utm_source=Twitter#Echobox=1661426916

Major energy firms are refusing to supply small businesses out of concern that they could go bust, while some are demanding £10,000 up front, business owners and industry experts have told the Guardian.
So businesses can't get an energy contract because the suppliers think they might not be able to afford the prices of said energy...

To put the £10000 upfront into perspective.

https://www.bbc.co.uk/news/business-61743920

A deposit for your monthly usage does not sound so bad as if you they just say £10000.

xeny · 25 August 2022 at 1:31PM

EDF has just announced delays in the anticipated return to service dates for some of their French reactors, putting more stress on the European energy market.

superkoopauk · 25 August 2022 at 1:38PM

Sea_Shell said:

Do we know what time tomorrow's announcement is due?

Was it about 11am last time?

It is usually 7am. Last time they announced the level a day early but the details didn't come out until the next day

Flight3287462 · 25 August 2022 at 2:41PM

Getting totally bonkers out there in Europe. Around 80pKWh wholesale!!!!

Image: https://us-noi.v-cdn.net/6031891/uploads/editor/xy/xkf1wc0ocl5i.png

brewerdave · 25 August 2022 at 2:45PM

superkoopauk said:

Sea_Shell said:

Do we know what time tomorrow's announcement is due?

Was it about 11am last time?

It is usually 7am. Last time they announced the level a day early but the details didn't come out until the next day

Really doesn't matter when it's announced - doesn't take effect until October and ANY actions to be taken to ease the situation (or not!) ,won't be taken until well after 5th September when the next muppet is coronated PM.

bristolleedsfan · 25 August 2022 at 5:29PM

https://twitter.com/RMI_PRA/status/1562820864441458688

The PRA is extremely concerned about rising energy costs and their implication. With the electricity costs associated with operating a forecourt set to triple, Gordon Balmer, Executive Director of the Petrol Retailers Association, urged Government action.

Sea_Shell · 25 August 2022 at 5:52PM

bristolleedsfan said:

https://twitter.com/RMI_PRA/status/1562820864441458688

The PRA is extremely concerned about rising energy costs and their implication. With the electricity costs associated with operating a forecourt set to triple, Gordon Balmer, Executive Director of the Petrol Retailers Association, urged Government action.

Every "sector" of the economy is going to want "saving"....again!!