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The Clubhouse Bar
A Political Thread pt. 2
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<blockquote data-quote="Bruce_ma gooshvili" data-source="post: 1089209" data-attributes="member: 74121"><p>Electricity is a complete disgrace. I don't know the energy market intimately, but look at how low electricity (day ahead) wholesale price has been for the past 6 weeks. </p><p></p><p>[URL unfurl="true"]https://www.catalyst-commercial.co.uk/wholesale-electricity-prices/[/URL]</p><p></p><p>Then look at the Ofgem website where if you go to the same chart (which looks worse) and click on 'data table' you'll see they haven't bothered their backside to update it since 1st March so it completely fails to show the plummeting price. </p><p></p><p>[URL unfurl="true"]https://www.ofgem.gov.uk/energy-data-and-research/data-portal/wholesale-market-indicators[/URL]</p><p></p><p>I'll cut gas some slack as its dip in price hasn't been quite so pronounced until a few weeks ago. </p><p></p><p>[URL unfurl="true"]https://www.catalyst-commercial.co.uk/wholesale-gas-prices/[/URL]</p><p></p><p>But if these prices hold until the next price cap and the cap doesn't fall substantially then its outright robbery. Better to be robbed in summer than winter, but robbery nonetheless. Has anyone been hearing through the media about plummeting wholesale prices or is it not clickbaity and alarmist enough unless it's going up?</p></blockquote><p></p>
[QUOTE="Bruce_ma gooshvili, post: 1089209, member: 74121"] Electricity is a complete disgrace. I don't know the energy market intimately, but look at how low electricity (day ahead) wholesale price has been for the past 6 weeks. [URL unfurl="true"]https://www.catalyst-commercial.co.uk/wholesale-electricity-prices/[/URL] Then look at the Ofgem website where if you go to the same chart (which looks worse) and click on 'data table' you'll see they haven't bothered their backside to update it since 1st March so it completely fails to show the plummeting price. [URL unfurl="true"]https://www.ofgem.gov.uk/energy-data-and-research/data-portal/wholesale-market-indicators[/URL] I'll cut gas some slack as its dip in price hasn't been quite so pronounced until a few weeks ago. [URL unfurl="true"]https://www.catalyst-commercial.co.uk/wholesale-gas-prices/[/URL] But if these prices hold until the next price cap and the cap doesn't fall substantially then its outright robbery. Better to be robbed in summer than winter, but robbery nonetheless. Has anyone been hearing through the media about plummeting wholesale prices or is it not clickbaity and alarmist enough unless it's going up? [/QUOTE]
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