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We are powerless to prevent further energy price rises
Global Energy Reserves . Global Energy Prices . UK Energy Prices . UK Energy Price Rises . UK Gas and Electricity Crisis . Low Oil Production
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UK energy pricingBritish Gas Managing Director - Mark Clare, said "the industry had no choice but to pass on the large increase in wholesale gas prices to the consumer". Mr Clare said "The wholesale price forecasts for 2006 are something like 50 percent higher than a few months ago. FORWARD MARKET PRICES MEAN WE ARE POWERLESS TO PREVENT HUGE PRICE RISES". "All suppliers are going to have to put prices up in 2006, that's inevitable". He added "higher gas prices means higher electricity prices too, because Gas fuels 40 percent of the UK's power stations". Get our daily RSS news feed.... |
"Being at the mercy of Russia for 80% of our energy , we will have to acknowledge this as the biggest security threat, since the cold war"
 A planet under stress, and a civilisation
in trouble |
Now the power industry has admittted that further pain is in the pipeline and blamed sky high wholesale prices. Domestic gas and electricity bills are expected to rise at least another 25 percent, in 2007, with further increases almost certain in succesive years to come. The prospect brought angry condemnation from consumer groups, but with the UK only able to import gas, coal and subsequently electricty from countries like Russia, we are practicly at the mercy of these countries when it comes to energy prices. New UK nuclear power stations are not a viable option says Tony Blair, and older Nuclear Stations coming to the end of there safe working lives, the UK energy situation is looking bleaker by the year. Price Fixing - Read the small print, price fixing is subject to governmental price changes, here or abroad, so if Russia decides to up its price, up goes your price, fixed or not. |
The Earth's finite fossil fuels cannot sustain the energy needs of the 21st century, and the depletion has already started at a rate of 4 - 6 % per year, so yearly price rise are inevitable.
Department of Environment - Michael Meacher MP, says "The reserves in the world's super-giant and giant oil fields are dwindling at an average rate of 4-6 per cent a year.... The conclusion is clear: IF WE DO NOT IMMEDIATELY PLAN TO MAKE THE SWITCH TO RENEWABLE ENERGY - faster, and backed by far greater investment than currently envisaged - then civilisation faces the sharpest and perhaps most violent dislocation in recent history."
Another concern for the UK energy consumers is there is noreal competion between the big energy suppliers to cap or bring down prices. UK Energy prices are 30 percent higher than the rest of Europe.
The future will be very costly or cold for Britain, if consumers don't take responsibility for there own energy usage. This is the reality for the short term, but if you would like to read about the long term energy crisis, then please read on.
The main reason for energy price rises is the North Sea fields can no longer meet UK demand, leaving the country reliant on imports, leaving the UK vunerable to other countries like we have never had before. Political uncertainty between countries will also affect the UK in the future, as has been shown with the Ukraine and Russia despute of 2005
"Just kiss your lifestyle
goodbye, we may have lived through
mankinds golden age without even knowing it"
SPECIAL REPORT
Micro-Generation will turn the energy industry on its head
The UK's pioneering energy market has helped to make it one of the world's leaders in micro-generation. British Investors are realising the benefits of having there own domestic Micro-Generators, including adding value to property.
An Energy Saving Trust (EST) report says home generators of varying types including Photovoltaics, Wind and Water Turbines will provide the UK with 30 - 40 % of it's electricity needs by individual homes contributing to the National Grid. Our Nuclear Power Stations at the moment only contribute 20%...Read more >>
"Oil
and fossil fuels was a one time deal"
"next generations are being condemned BACK to pre-industrial living
and subsistence farming, with fierce wars for remaining resources including
water, timber and arable lands. This will only intensify the carbon
warming and global warming effects."
Financial Times on 5 Jan 2004
Global Energy Problems, has humanity squandard its only opportunity for a sustainable civilisation?
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