In the latest Pod Cast from Miles & Charlie from Rightcharge, he predicts that high energy prices are with us for about two years, then he thinks they will stabilise to figure a BIT closer to what we where seeing before it all went crazy !.
Only time will tell I guess.
As far as I see….
EV sales are increasing, increasing electricity demand
The government is pushing transfer from Gas/Oil to electric air/ground source heat pump, pushing up electricity demand.
Peak demand electricity is generated from Gas.
Russia is a major supplier of Gas to Europe.
Russia is flexing its muscle and not shy in choking its energy supplies as a bargaining chip if faced with sanctions, for instance if they inadvertently invaded old old soviet territory.
UK gas reserves are the lowest they have been for the last 10 years.
Forcing the West to impose sanctions, stopping Russian Gas supplies.
All Russia needs now is a hard European big freeze, pushing up demand for Russian Gas and Ukraine or Lithuania or Estonia, or Gôt island (sp?) gets a visit from little green men…..
and we are off to the races…..
For over 50 years British governments have been wringing their hands, no one wants a nuclear power station near them, and there is always a lot of people who don’t wind turbines, so we are were we are now.
Add to that the big push to get everybody on a smart meter, which enables time of use energy tariffs.
So my bet is energy, gas and elec charges will get silly, really silly over the next 3/6 months.
Hence getting three 8.2kWh batteries, I would be doing this sooner, but have to wait until the new house purchase is closed.
Lining up to put in 10 kWh solar if cheap rate electricity hits the ROI threshold.
it will get interesting and more than a little bumpy.
Sorry I threw some shade on this
more than happy with my MG5 and Oneplus phone.
