{"id":61034,"date":"2021-12-21T08:21:10","date_gmt":"2021-12-21T13:21:10","guid":{"rendered":"https:\/\/olduvai.ca\/?p=61034"},"modified":"2021-12-21T08:21:10","modified_gmt":"2021-12-21T13:21:10","slug":"the-uk-energy-rationing-plan","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=61034","title":{"rendered":"The UK energy rationing plan"},"content":{"rendered":"
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The UK energy rationing plan<\/a><\/h3>\n<\/div>\n<\/div>\n<\/div>\n
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The establishment media are suspiciously silent about the energy crunch facing Europe in general and the UK in particular.\u00a0 In October, when the wholesale gas price spiked at 400 percent above its January 2021 level, energy prices were headline news.\u00a0 So too was the sight of energy supply companies falling like dominoes.\u00a0 But then, perhaps because energy supply problems couldn\u2019t be blamed on Brexit, the news moved on to MPs sleaze and the Prime Minister\u2019s Christmas parties.\u00a0 Most Brits today are entirely unaware that our energy situation has become far more precarious.<\/p>\n

It falls to the business pages of the American press to spell out what UK outlets refuse to consider.\u00a0 For example, Anna Shiryaevskaya, Jesper Starn, and Elena Mazneva at\u00a0Bloomberg<\/a><\/em>\u00a0explain that:<\/p>\n

\u201cTemperatures are forecast to fall below zero degrees Celsius in several European capitals this week, straining electricity grids already coping with low wind speeds and severe nuclear outages in France. To make matters worse, Russia is limiting natural gas flows through a major transit route to Germany\u2026<\/em><\/p>\n

\u201cEnergy prices have spiraled this year, with European gas surging more than 600%. The region\u2019s benchmark gas contract climbed as much as 8.8% Monday and closed record-high, while German year-ahead power, a benchmark in Europe, rose as much as 5.7% to a record 256.25 euros ($289) a megawatt-hour. The French contract jumped 9% to an all-time high.\u201d<\/em><\/p>\n

The energy crunch has been exacerbated by the political games being played out by the new German government and Russia \u2013 the former refusing to finalise the Nord Stream 2 pipeline deal, and the latter choosing to store gas reserves for its own population rather than pump it over to Western Europe.\u00a0 One consequence for the UK \u2013 which is now at the end of the pipelines from Russia \u2013 is that the price of gas spiked above \u00a33.70 per therm this afternoon (20.12.2021):<\/p>\n

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\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The UK energy rationing plan The establishment media are suspiciously silent about the energy crunch facing Europe in general and the UK in particular.\u00a0 In October, when the wholesale gas price spiked at 400 percent above its January 2021 level, energy prices were headline news.\u00a0 So too was the sight of energy supply companies falling […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[265,2488,13694,281,30640,31360,820,2080],"class_list":["post-61034","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-energy-crisis","tag-energy-prices","tag-energy-rationing","tag-europe","tag-the-consciousness-of-sheep","tag-tim-watkins","tag-uk","tag-united-kingdom"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/61034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=61034"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/61034\/revisions"}],"predecessor-version":[{"id":61035,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/61034\/revisions\/61035"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=61034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=61034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=61034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}