Energy Crisis

[Whorty]

Another Brexit gift. Energy prices in the UK are much higher than in the EU as they lost the buying power the EU as a block has.
https://yorkshirebylines.co.uk/busin...-after-brexit/

I wonder if any of the 52% on here could explain how many of the below promises have been met yet

“We believe working people will be better off if we leave the EU. The NHS will be stronger, class sizes smaller and taxes lower. We’ll have more money to spend on our priorities, wages will be higher and fuel bills will be lower. Leaving the EU is a great opportunity for us to take back control of our borders, our economy and our democracy.”

[NotAllThere]

Not promises. Just statements of belief. You know, like

Credo in Deum Patrem omnipotentem, Creatorem caeli et terrae,...

[SueEllen]

I wonder if any of the 52% on here could explain how many of the below promises have been met yet

Some of the things will be met due to people who can moving abroad. I mean there are now more job vacancies...... Just in the areas of work, working times and geographical locations British people can't do them....

[vetran]

I wonder if any of the 52% on here could explain how many of the below promises have been met yet

sorted

https://www.dailymail.co.uk/news/art...-Thursday.html

Wetherspoons is slashing price of all food and drink by 7.5% in campaign to highlight benefit of VAT tax cut that was brought in during pandemic

• Wetherspoons is to slash the prices of food and drinks in its 870 pubs in UK
• Part of campaign to highlight benefit of VAT reduction in hospitality industry
• Company to cut the price of all food and drinks by 7.5 per cent for one day only

You lost - get in the subforum biatch!

[Eirikur]

Um no.

Gas prices are identical across Europe and the UK
UK electricity prices are higher but that's because 3GW of interconnect cables that keeps things in sync are currently broken (well 1 is broken, 1 is delayed).

As for the fertiliser plants - a lot of that is internal politics, the plants until March got subsidised gas and that subsidy went. The plants want it back and will probably get it as we need the CO2 byproduct...

I suppose you didn't look at the link provided

[TestMangler]

I've just renewed my business electricity contract and it was f***ing sore !!!!!!!!!

[SueEllen]

I've just renewed my business electricity contract and it was f***ing sore !!!!!!!!!

Just hope the energy supplier doesn't go bust.

Was just listening to a certain Mr Martin Lewis on the wireless.

It appears a certain Mr Kwasi Kwarteng, the Business Secretary, doesn't understand his brief and what date energy prices are capped to and from....

[Snooky]

I suppose you didn't look at the link provided

I did but it confused me a bit, because Epexspot doesn't show day-ahead auction market prices anything like those shown in LCPEnact - see https://www.epexspot.com/en/market-d...de=map&period=

In their data, the UK prices are often higher than the EU (but sometimes lower), but certainly not to the extent highlighted in that article you linked to. I'm very au fait with normal financial markets but not the energy market, so I'm probably missing something - can anyone help?

[Scorp1]

Looks like we've unearthed another conspiracy nut ... mods, you watching?

[vetran]

I did but it confused me a bit, because Epexspot doesn't show day-ahead auction market prices anything like those shown in LCPEnact - see https://www.epexspot.com/en/market-d...de=map&period=

In their data, the UK prices are often higher than the EU (but sometimes lower), but certainly not to the extent highlighted in that article you linked to. I'm very au fait with normal financial markets but not the energy market, so I'm probably missing something - can anyone help?

Its El Reeker he doesn't make sense normally.