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Old 01-01-2023, 13:16   #1876
ianch99
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Re: The energy crisis

Quote:
Originally Posted by Chris View Post
Only if our gas-fired power stations are buying their fuel at spot prices, which I understand they mainly don’t. Fixed-price contracts will have to work their way through the system first.

Petrol and diesel prices should react more quickly though, and around here at least they seem to be doing so.
And there in lies the rub. The system created for and run by the corporate energy companies is a fix. We pay more in all situations. The system is so arcane and opaque, by design, so that most of the consumers are unable to understand and therefore protest about being ripped off.

We produce, on a good day, >50% of our electricity needs from wind. Yes, our wind on our land yet we have to pay the price of the highest input for this energy. The system, like many others, is deliberately setup to profit big business and their stakeholders. We are we so stupid in allowing this?
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