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varies during the day from a bit more bit less depending on the time. https://www.epexspot.com/en/market-data

er no, not annual. its the spot price for MWh at 18:00-19:00 today (on 12th Dec in your posted jpeg). thats what Epexspot is, shows the live energy markets not domestic billing.

he's making a broader point about cost of energy isnt going to return to the old prices. need to shift to renewables and base cost of those is more expensive. "we need to treat energy as something that is not abundant", we've had a period of very cheap energy that isnt coming back.

what you posted there is spot market price from mid December when we had cold snap and no wind. its not the regular spot price (about £200 today), or European domestic prices.

probably. central banks have spent over a decade providing high liquidity to markets, to avoid fears of deflation. thats ended and being reversed. inflation will be more volatile and generally higher. to add, i expect the target to rise from 2%, as the measures to get there will be too harsh.

in this case the wholesale prices went so high and the cap has stopped us seeing the full extent. if they half from the 2022 average they'll still be 2-3x the average historic prices.

indeed they did, EDF got nationalised recently to bailout before going bust because of the energy crisis. the French will be paying for this in increased taxes or borrowing. not sure what the point was trying to be made.

this sort of thing is a great addition to the energy mix. bit suspicious about not using agricultral land, usually grassland either grazed or used as fodder. should have domestic cutting collected up for something like this.

efficacy will be as good as you want it to be, by changing the desired outcome. wind and solar are fine for adding to supply, the problem is reliablity and continuity. we need a base supply to cover a minimum, whether thats gas, nuclear or as yet undetermined storage. gas prices started...

TTF gas is the Dutch/EU market.

this is nonsense. energy market is highly efficient, and over 40% capacity from renewables. storage is less significant when we have tap to north sea gas can be turned on and off. storage wasnt much help for other countries when they didnt fill up last year, leading the high prices starting...

Trading Economics good snapshot for all commodities, though dosent cover electicity.

UK gas price up 180% on the year, european price up 370%. energy companies being nationalised and emergency powers activated, rationing planned. its not going to be a good winter.

thats the only reason anyone wants it in the first place, popularity with their constituency. we dont hear much about what it will be spent on because the tax is more important. the £2bn suggested raise wont go very far on its own, and there's over double that raised due to increased licence...

if its Richard Murphy its most certainly wrong, at least bias to make a preconceived point. and lo, he's engineered calculations to pretend energy companies arent subject to change of energy prices, because he thinks the cost of production hasnt changed. its a weird world that an accountant...

simple market arbitrage. at first the price of "green energy" might be lower, so there's more demand. as demand for that energy increases the price rises until it reaches the market price. this does mean that the green energy producers should be making large profits if their cost base is lower...

might be reference to many of the north sea fields not being very profitable or net negative now. if gas and oil producers make more profit this year they'll pay more through normal taxes, the use of a windful tax is political not for practical increase in revenue. do we want a gas producer to...

taxes are paid on profits, so it the companies make more money they'll pay more tax.

interesting angle on this. much of the surge in pricing is because China is importing far more, so much is common knowledge. less well known, they have blocked imports of coal from Australia because the Aussies insisting on more investigation in to Covid orgins. so we're facing energy price...

so the reason Germany have the most expensive electricity and gas normally, is so they dont have to pay more in a time like this? sound planning that. bit awkward then that they are having the same problems there...