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Cost of living: 'Significant risk' of UK gas supply emergency, energy regulator warns
Comments
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A rolling blackout window across postcodes given advanced warning will not cause many issues.
Quite looking forward to it to be honest.
The knock on effect is more babies will be born 9 months later 🤣👍
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Ofgem is not fit for purpose0
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https://www.bbc.co.uk/news/business-62475171Miser1964 said:
But Ofgem said no forecast for next year could be "robust" at this stage and had "limited value".
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Miser1964 said:
I must have missed the Ofgem forecast. Can you please post a link?
I am only aware of the Auxilione and Cornwall Insight forecasts. And they had forcasts for over £5000.
A forecast can only be done from the information that is available, why do you believe they have to know that prices will come down?0 -
Scaremongering at its worst!
From the lips of our PM:
Asked last week whether she ruled out energy rationing, Truss said: “I do rule that out. Yes.” The government has repeatedly said consumers and businesses should have confidence they will have the power they need over the winter.Source: The Guardian.0 -
Dolor said:Scaremongering at its worst!
From the lips of our PM:
Asked last week whether she ruled out energy rationing, Truss said: “I do rule that out. Yes.” The government has repeatedly said consumers and businesses should have confidence they will have the power they need over the winter.Source: The Guardian.
Now I'm worried.
I want to go back to The Olden Days, when every single thing that I can think of was better.....
(except air quality and Medical Science
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I assume you're joking.[Deleted User] said:Scaremongering at its worst!
From the lips of our PM:
Asked last week whether she ruled out energy rationing, Truss said: “I do rule that out. Yes.” The government has repeatedly said consumers and businesses should have confidence they will have the power they need over the winter.Source: The Guardian.1 -
Miser1964 said:You have made this claim several times in recent weeks, but it's not exactly true is it? You only seem to notice when the price falls, not when it rises again.Ofgem's October capped gas price of about 15p/kWh was based on a wholesale price of 10.2p/kWh. Thats equivalent to 299p per therm.Since the cap was set, in early August, the gas price at Trading Economics (the site you often quote) has been above 300p/therm almost all the time.As I type this the price is 311.67, higher than the price Ofgem used to calculate the cap.pochase said:I must have missed the Ofgem forecast. Can you please post a link?
It's not a forecast, it's the average forward price of gas during the cap reference period.You can see the price they used in the spreadsheets Ofgem published along with the cap announcement.N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Kirk Hill Co-op member.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 35 MWh generated, long-term average 2.6 Os.3
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