The impact of the war in the Middle East on energy prices

Wed 4 Mar, 10:21

Absolutely agree Mark: But, without reform of the way that the UK electricity market operates (akin to that proposed by Dale Vince) and the removal of all the current market distortions/subsidies, the benefits will not materialise to any great extent. 

Wed 4 Mar, 10:06

In addition to the human suffering, the recent events in Iran and Ukraine illustrate the dangers of centralised energy systems that mean we depend on fossil fuels that come from far away places. 

So leave aside climate change for a moment. Having more locally-owned and independently managed electricity generation is ultimately a way of ensuring a more resilient energy system. 

And that's important for our long-term security in Europe.

Tue 3 Mar, 21:34

Running a powerplant and negotiating the income is probably not for the faint hearted in these times. It seems to be in the back of my mind Southill signed up for a three year supply deal just before the Ukraine war started. But I could of course be completely wrong. 

Tue 3 Mar, 16:15

Ok I’ll bite.

I think that it is disingenuous at best to feel positive about increasing profits on the basis of such devastating suffering.

Tue 3 Mar, 07:50

I stated a fact. 

Mon 2 Mar, 20:00

Oh dear, so war is good? 

Mon 2 Mar, 19:15

Well done Liz Reason and the Southill team. 

Mon 2 Mar, 18:13

Southill is currently negotiating the price at which it will sell its solar-generated electricity over the next twelve months. The war has had an immediate impact on gas prices - which have a major influence over electricity prices overall. Unsurprisingly, the trend is up.....