Making the news today....

[Woodworks]

13 minutes ago, Big J said:

 

That's absolutely bonkers. Our electricity bill here in Sweden is currently running at about £80/month, and that's with us using the AC too.

Guessing you are in the northern part of Sweden as the wholesale price further south is not far behind the UK or is the government subsiding it? 

[Stere]

The  the oil & gas companies must be a making record profit margins

 

 

 

UK Natural Gas - 2022 Data - 2020-2021 Historical - 2023 Forecast - Price - Quote

TRADINGECONOMICS.COM

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UK natural gas futures were trading around the 650-pence-a-them mark, close to their March peak, underpinned by...

 

[sime42]

1 hour ago, Stere said:

The  the oil & gas companies must be a making record profit margins

 

 

 

UK Natural Gas - 2022 Data - 2020-2021 Historical - 2023 Forecast - Price - Quote

TRADINGECONOMICS.COM

---

UK natural gas futures were trading around the 650-pence-a-them mark, close to their March peak, underpinned by...

 

They are. That's partly why we're going to be paying so much.

 

"Between April and June this year, Shell reported worldwide profits of £9.4bn while BP made £6.9bn, more than triple the amount it made in the same period in 2021."

 

[Mark Bolam]

[Big J]

2 hours ago, Woodworks said:

Guessing you are in the northern part of Sweden as the wholesale price further south is not far behind the UK or is the government subsiding it? 

 

No, we're in the south, but the house doesn't use much electricity and we're on about 14p/kwh at the moment. It'll go up in winter (it reached about 30p/kwh last winter, but it'll be more than that this year) but our house is extremely well insulated, so hoping that with a woodburner too, it'll not be too expensive to heat.

[trigger_andy]

2 hours ago, Woodworks said:

Guessing you are in the northern part of Sweden as the wholesale price further south is not far behind the UK or is the government subsiding it? 

But Brexit? 🤣

[5thelement]

3 hours ago, Woodworks said:

Guessing you are in the northern part of Sweden as the wholesale price further south is not far behind the UK or is the government subsiding it? 

Have you fact checked these figures? 
I saw the exact same map showing completely different values on last week, the UK being considerably higher than the rest of Europe.

[nepia]

4 hours ago, Steve Bullman said:

Something certainly has to change, it’s a job to see where it’s all heading

 

not good news for ev drivers though 

 

Electric cars will be more expensive to run than petrol

APPLE.NEWS

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Cost of travelling long distances will be much higher under the new price cap

 

Many owners of ev's have fixed price tariffs so October won't be their Doomsday; it'll be delayed that's all.

And I mean us!

[Woodworks]

1 hour ago, 5thelement said:

Have you fact checked these figures? 
I saw the exact same map showing completely different values on last week, the UK being considerably higher than the rest of Europe.

OK it seems its

a spot price that varies day to day. Found the site but not worked out how to get longer term prices yet. Maybe others will have more luck 

Market Data | EPEX SPOT

WWW.EPEXSPOT.COM

 

[Squaredy]

47 minutes ago, nepia said:

Many owners of ev's have fixed price tariffs so October won't be their Doomsday; it'll be delayed that's all.

And I mean us!

Yes that is my situation; I am on a fixed price until the end of next year so I have just over a year to put up solar panels to charge my car.  And I can’t afford a fancy array with a feed in to the grid, I am going for about a 3kw off grid array on a garden room with no battery storage, so it should cost less than £4000, diy fitting of course.