More good news

  Grey Goo 11:31 21 Aug 2008
  dagbladet 12:02 21 Aug 2008

What is it?

  oresome 12:10 21 Aug 2008

"A leak in a key Norwegian pipeline sent the wholesale price of supplies to the UK soaring 14%, raising fears of winter shortages."

  Grey Goo 13:04 21 Aug 2008

If you let the red mist clear and read it again you will see it confirms the price rise per therm and the predicted repair time.

  oresome 15:05 21 Aug 2008

Two more suppliers have raised energy prices substantially to customers today. EON and Scottish and Southern.

  spuds 12:24 22 Aug 2008

As per usual, any excuse can be a reason for price increases without real justification, and again the power utility companies have jump on the 'we are struggling' band waggon.

As previously mentioned, the pipeline owner have stated that this 'minor problem' shouldn't interrupt or interfere with supplies,especially here in the UK, yet the UK power provider marketeers seems to think differently.

Its about time the UK appointed Watchdogs started to investigate, and perhaps acted in the interest of the public.

  peter99co 13:07 22 Aug 2008

It is a lack of storage that is the problem and we will not see cheaper costs until this is sorted out. We buy from abroad and excess is sent back abroad for storage. Supply and Demand is always the key to cost. Bring on Nuclear Energy!

Oops,we are selling our nuclear stations to the Spanish aren't we?

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