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That’s great. Thanks for the link. I actually think uptake and interest in these kinds of off grid projects is increasing. When we returned to the UK in 2015 we lived in a house powered by biomass. There was zero marginal cost to us from electricity and gas but the constraint was it needed the...

Indeed, as evidenced by a fall in day ahead electricity prices whenever the proportion of wind generated power increases. That’s a meaningful statistic that happens with regularity. The market is always right.

You could cut back on your usage and insist your supplier does not increase the direct debit by this much. That’s what we’ve done. All of this is about to get worse as Russia has reduced gas flows into the EU and we have problems at Freeport with LNG. The only way forwards is to reduce demand.

Reference for what ? This is getting a bit surreal and tiresome. That article also does not back up your claim about European energy companies subsidizing their home customers at the expense of UK customers. I am very open to you doing so, as I have said I don’t know much about it. All you have...

Some mistake here surely. You have posted an article about state ownership of utilities with which I agree completely. I think you meant to post one about European companies subsidizing home markets with profits made in the UK ? I don’t know much about that and simply challenged you earlier in...

Could last all winter, particularly if it’s a cold one. I can see supply problems going away if the Russians are allowed full unconditional use of Nordstream 2. I can also see post Covid recovery stalling because of energy prices and demand fading away. However, a cold winter will lead to...

I don’t have any axe to grind on this WZ. I don’t really have an opinion on the Brexit angle because it is inconsequential in the markets I am involved with. Perhaps I should have said earlier in the thread that I don’t see a Brexit angle and nobody has been able to clearly explain one. If you...

Constrained supply to Europe at previous lower prices as we are having to compete on global markets with a massive post Covid increase in demand from Asia. Again, there are storage factors that have made our region particularly susceptible. No threat to supplies as long as we are willing to pay...

Why are you being so immature ? Anyway, the answer to your question is that it is not our gas or at least a lot of it isn’t. We also import via interconnectors and buy LNG on global markets. There is no threat to supply because markets work in such a way that we pay higher prices in a...

I have just tried to share some specialist knowledge. Shame that intimidates you so much. Who in your opinion is short of gas ? Certainly not the UK and certainly not any EU country. The problem here is price not supplies.

As usual with these shock jocks it is a bit more complicated than that. That 90 day storage number in Germany is the availability if storage is full. It isn’t and that’s the problem. Post Covid recovery, the cold last winter and strong demand from China has prevented a replenishment of European...

Extra regulation could/should come in the form of enforced hedging. Some of these smaller players seem to have forgone hedging (as a cost saver) which effectively has given them a short trading position. That shouldn’t be allowed.

You’re right that they are not energy producers. However, the role of signing up and billing cannot be dismissed as spivs not adding value. If they weren’t doing it competitively then a few large players would be taking this extra layer of profit but at a higher price. It is absolutely not the...

I’ve just seen an analyst saying that Germany and Austria are particularly at risk as their storage levels are very low. Prices in those markets will have to rise further to compete for scarce supply. One big issue that has excacerbated regional factors (such as low storage and the renewables...

That’s a big call from Lewis. There is a distinct lack of October Russian transit bookings through Poland and the Ukraine. This is a crucial time as it is the last chance to add to very low European storage levels before winter. Putin is playing a blinder in brinksmanship against the EU.

I listened on the way out to take the dog for a walk and just heard a load of opinions about the M25 protestors. Switched it on when I got home and heard Martin Lewis talking about fixed and floating tariffs, which was interesting. Since then it’s been on in the background and all I’m hearing is...

I just don’t see any facts that would make me believe this is a Brexit issue. It wasn’t me that claimed it was, so I’m not the one that has to justify it. Ultimately you’re right that energy and commodities are my specialist subject and I am calling it as I see it. Happy to be persuaded...

I thought you had the facts ? Hence your post. I’m not listening to 3 hours of James O’Brien but will try to tune in for a bit when I can.

I will leave you to your shouty obsession

I’m not sure what that means anymore. A mixture of private equity groups and oil companies, listed on various stock exchanges, so it depends upon the residency of the current shareholders I suppose. Business is international and mobile. The point though is that companies operate under license...