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 Energy costs set to increase by 54% |
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 8th November 2022, 08:45 AM
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#201
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 Shakin Stevens
Joined: 29 December 2007
Posts: 46,178 User: 5,138 
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There’s no way you can predict weather 10 days further ahead so I wouldn’t hold my breath!
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16th November 2022, 10:41 PM
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#202
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 WINTER IS COMING
Joined: 7 March 2006
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Peston has just said average bills will be £3k from April as a rough guide (slightly lower than the Cornwall Insight I think?) but not much on how to protect the most vulnerable. Sounds a bit grim.
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17th November 2022, 10:09 AM
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#203
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BuzzJack Enthusiast
Joined: 22 September 2022
Posts: 809 User: 159,650
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QUOTE(Rooney @ Nov 16 2022, 10:41 PM)  Peston has just said average bills will be £3k from April as a rough guide (slightly lower than the Cornwall Insight I think?) but not much on how to protect the most vulnerable. Sounds a bit grim. Yes, I read that in the Guardian today and looks like no extra support for most people unless you are on benefits. I think there will be many people who are going to struggle including businesses with rising costs of energy, food, mortgages and council tax bills. One of the main drivers of inflation is energy bill rises so I cannot see how inflation is going to fall unless the government address this! This post has been edited by neill2407: 17th November 2022, 10:30 AM |
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17th November 2022, 08:56 PM
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#204
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BuzzJack Gold Member
Joined: 21 February 2021
Posts: 3,584 User: 124,514
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BTW for second month in a row I got £66 pounds off meaning my energy bill is like £12. That's an error in my favour right? Because if not I'm quite liking the new energy regime- last month had a credit balance!
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18th November 2022, 07:07 PM
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#205
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BuzzJack Legend
Joined: 7 March 2006
Posts: 22,001 User: 53
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QUOTE(Smint @ Nov 17 2022, 08:56 PM) BTW for second month in a row I got £66 pounds off meaning my energy bill is like £12. That's an error in my favour right? Because if not I'm quite liking the new energy regime- last month had a credit balance! No it's not an error. We got £66 too. Every home, regardless of status or income, gets £400 but in instalments until March. So Oct to March, 6 times 66 would be £396. Last one in March will be £70. 
This post has been edited by creepy chris: 19th November 2022, 05:21 PM |
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16th December 2022, 08:29 AM
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#206
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Shakin Stevens
Joined: 29 December 2007
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People in NI will prob get this by mid summers day 🥶
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16th December 2022, 11:14 AM
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#207
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 BuzzJack Platinum Member
Joined: 3 January 2017
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In Ireland, we are getting 200 euro credits on electricity bills in October, December and February, so 600 euros in total.
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16th December 2022, 03:11 PM
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#208
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BuzzJack Gold Member
Joined: 21 February 2021
Posts: 3,584 User: 124,514
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QUOTE(creepy chris @ Nov 18 2022, 07:07 PM) No it's not an error. We got £66 too. Every home, regardless of status or income, gets £400 but in instalments until March. So Oct to March, 6 times 66 would be £396. Last one in March will be £70. Thanks - I understand that now - I was just really confused with all the horror stories out there that for the last 3 months my bills were negative balance, then £12, then £24. However, I've turned my heating on this month and my provider has emailed to say prices are going up from January's bill so maybe next month I might get that scared (and switch my heating off!) This post has been edited by Smint: 16th December 2022, 03:26 PM |
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7th April 2024, 03:07 PM
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#209
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#38BBE0 otherwise known as 'sky blue'
Joined: 27 October 2008
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Due to the strong winds and sunshine across the UK at the moment we are generating over 75% of the national grid demand in the UK from renewables.
The UK's wind generation capacity is actually over 30GW so we're not at capacity, the current record of 21.9GW was achieved in December 2023. Not sure how much solar capacity we have but wind is generally king. Also the price per MWh is currently minus £25..  Btw: Coal will officially be switched off forever on 1 October 2024. Ending a run of 142 consecutive years where coal has been used to generate electricity in the UK. |
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7th April 2024, 03:40 PM
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#210
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Queen of Soon
Joined: 24 May 2007
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Really excited for the day when Nuclear and Pumped Hydro take the role of Coal and Gas as the peak time fast reactive power plants
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7th April 2024, 04:59 PM
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#211
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BuzzJack Platinum Member
Joined: 21 November 2009
Posts: 8,565 User: 10,030
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QUOTE(Doctor Blind @ Apr 7 2024, 04:07 PM) Due to the strong winds and sunshine across the UK at the moment we are generating over 75% of the national grid demand in the UK from renewables. The UK's wind generation capacity is actually over 30GW so we're not at capacity, the current record of 21.9GW was achieved in December 2023. Not sure how much solar capacity we have but wind is generally king. Also the price per MWh is currently minus £25.. Btw: Coal will officially be switched off forever on 1 October 2024. Ending a run of 142 consecutive years where coal has been used to generate electricity in the UK. Good news. Doggebank B should become fully operational this year which will add a signiciant chunk of capacity. A few more wind farms are to come online in 2025/2026 as well. Plus there are a lot in the planning stage, a number of which should get approved/constructed and be online by the end of the decade. In terms of solar capacity, it slowed down quite a bit between 2017-2021 (capacity increased from ~12.6GW to 13.9GW, a paltry increase of 1.3GW, in part due to Government and covid), but has picked back up and increased to 15.6 GW by the end of 2023 (increase of 1.7 GW in just 2 years). It's expected to increase by 2+ GW this year alone so is picking up quite significantly. Project Fortress in Kent, which will be the biggest solar farm project in the UK so far, should become complete/operational by the end of the year. There are a number of larger projects in the proposal/consultation stages, some of which should hopefully be finished/get approval by the end of this year/early 2025. Hopefully Labour will help to accelerate the progress currently being made if they get into power in the next election. This post has been edited by Envoirment: 7th April 2024, 04:59 PM |
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