Crazy Energy Prices....

[Winch Farming]

Incredible to see UK power prices at over £4000 MWh last night. This is a nice summary of the current situation from the folks at newstream https://www.newstreamrenewables.com/news/lng-supplies-remain-tight-as-storm-ida-weakens/

Good news for PPAs less good news for power bills!

 

[Chris F]

Incredible to see UK power prices at over £4000 MWh last night. This is a nice summary of the current situation from the folks at newstream https://www.newstreamrenewables.com/news/lng-supplies-remain-tight-as-storm-ida-weakens/

Good news for PPAs less good news for power bills!

Yep - they will be firing up the Coal stations again this winter a lot according to a energy trader I spoke to last week. Yet the govenment keeps telling us inflation is running at 1 and a bit percent.

 

[Roger Perry]

Yep - they will be firing up the Coal stations again this winter a lot according to a energy trader I spoke to last week. Yet the govenment keeps telling us inflation is running at 1 and a bit percent.

Better put a zero to the right of that number one, make it 10% be closer to the truth........................same situation over here, energy prices are rocketing,
Coal / oil / natural gas, all sharply up.

 

[Chris F]

Better put a zero to the right of that number one, make it 10% be closer to the truth........................same situation over here, energy prices are rocketing,
Coal / oil / natural gas, all sharply up.

And yet it's not that according the the government - crazy really.

 

[Roger Perry]

And yet it's not that according the the government - crazy really.

Imagine that, better buckle up.

 

[steveR]

Better put a zero to the right of that number one, make it 10% be closer to the truth........................same situation over here, energy prices are rocketing,
Coal / oil / natural gas, all sharply up.

And so are beer and food...

 

[Doing it for the kids]

And so are beer and food...

Arguable more concerning!

 

[AlexMcGowan]

I've worked in the energy industry for over 10 years now, and have never seen the market this high or volatile.

What you said is correct, great news for PPA's for generators, offsetting the rise from any import, however could be a killer for those that don't generate.

We manage the energy of a large number of farms importing from the grid, reducing their bills as much as physically possible during these crazy times using our specialist B2B network. If anybody on here wants to ensure they're reducing expenditure as much as possible on energy please feel free to privately message me on here, or send me an email on [email protected]. There are so many options available outside of the big 6 or well know domestic suppliers that specialise in business only customers.

 

[AlexMcGowan]

I'm afraid it's only going to get worse after this interconnector fire in Kent cutting off the supply from France.

Early projections I'm hearing are that prices will rise by approximately £50/MWh for the month of October.

Fire at Key U.K. Power Unit Knocks Out France Link Until October

A large fire at a key electricity converter station in the U.K. has shut down a major cable that brings power from France, worsening Britain’s energy crunch. Gas and power prices jumped.

www.bloomberg.com

 

[Doing it for the kids]

I'm afraid it's only going to get worse after this interconnector fire in Kent cutting off the supply from France.

Early projections I'm hearing are that prices will rise by approximately £50/MWh for the month of October.

Fire at Key U.K. Power Unit Knocks Out France Link Until October

A large fire at a key electricity converter station in the U.K. has shut down a major cable that brings power from France, worsening Britain’s energy crunch. Gas and power prices jumped.

www.bloomberg.com

any more details on this fire?

 

[AlexMcGowan]

any more details on this fire?

The link that says ‘Bloomberg - are you a robot’ on my post is a link to the article.

No casualties thankfully.

 

[Still Farming]

Yep - they will be firing up the Coal stations again this winter a lot according to a energy trader I spoke to last week. Yet the govenment keeps telling us inflation is running at 1 and a bit percent.

Lots are decommissioned or in that process.
Their'll miss them.

 

[steveR]

I'm afraid it's only going to get worse after this interconnector fire in Kent cutting off the supply from France.

Early projections I'm hearing are that prices will rise by approximately £50/MWh for the month of October.

Fire at Key U.K. Power Unit Knocks Out France Link Until October

A large fire at a key electricity converter station in the U.K. has shut down a major cable that brings power from France, worsening Britain’s energy crunch. Gas and power prices jumped.

www.bloomberg.com

BBC picked up on this earlier this morning!!

 

[manhill]

Domestic elec @ > 20p/kWhr. Time to install an efficient diesel genny running at 10p/kWhr (1litre/hr for a 6kW genny)?

 

[Still Farming]

Domestic elec @ > 20p/kWhr. Time to install an efficient diesel genny running at 10p/kWhr (1litre/hr for a 6kW genny)?

Thought their banning red diesel soon too?

 

[steveR]

Domestic elec @ > 20p/kWhr. Time to install an efficient diesel genny running at 10p/kWhr (1litre/hr for a 6kW genny)?

Interesting.... I have no idea what my diesel gennie consumes, maybe I ought to do a test run. It only comes out in emergencies.

Or Natural Gas even? I have no idea what that is costing mind.

 

[steveR]

https://fwpower.co.uk/wp-content/uploads/2018/12/Diesel-Generator-Fuel-Consumption-Chart-in-Litres.pdf

 

[Still Farming]

Lister geny on your own osr bio fuel best.

 

[manhill]

https://fwpower.co.uk/wp-content/uploads/2018/12/Diesel-Generator-Fuel-Consumption-Chart-in-Litres.pdf

That knocks my idea on the head!

 

[manhill]

Maybe not. Looking at an Aussie chart has a 10kW using 3l/hr. That equates to 0.3 l/hr. At 60p/l = 18p/kW hr. Standard domestic tariff is more than this and rising, plus standing charge. Of course there's no generator to wear out.