Forum Topic

"What this has to do with the new UKCA.."My reply was to the following: "Is that why the beer's gone up".As for: "Is the UK dependent on Russian energy?  I do not think so!"Sorry but the UK buys energy on the international market. The price on the international market has gone up due to the economic war with Russian following their invasion.Germany has reduced its dependence on cheap Russian energy by implementing a number of measures including moving a lot of energy intensive manufacturing abroad to USA/China.The ability for remainers to blame everything on Brexit is as bad as the Brexiteers excusing the impact. A bit of truth would have saved us all from the extremists on both sides.https://commonslibrary.parliament.uk/research-briefings/cbp-9491/"Why have energy prices increased?Prior to Russia’s full-scale invasion of Ukraine in February 2022 there was an increase in demand for oil and gas as economies around the world came out of lockdown. Supply did not keep pace with the higher demand for various reasons. Increased gas prices fed through to increased electricity prices.The Russian invasion of Ukraine in 2022 caused oil and gas prices to jump due to concerns about disruption to supply. Sanctions on Russia, the embargo on Russian oil, a potential embargo on Russian gas and cuts in Russian gas supply to Europe have pushed oil and gas prices up further still. The price of electricity produced form gas has increased in line with gas prices and effectively sets the price for all power on wholesale markets. Lower electricity production in some sectors have also helped to push up power prices. Drought in parts of Europe have led to lower hydroelectric output and a large number of French Nuclear reactors were offline in late summer.Wholesale gas and electricity prices on the spot market fell in autumn 2022 to levels below those at the start of the year. There was a spike in prices during the early December, but prices have steadily fallen back again over winter and spring. The operation of the price cap and the EPG mean that there will be a substantial time lag before these lead to lower household bills."https://www.ons.gov.uk/economy/nationalaccounts/balanceofpayments/articles/theimpactofsanctionsonuktradewithrussia/november2022"Imports of fuels from Russia fell rapidly at the start of 2022 and remain at historically low levels; fuel imports have fallen by 98.1%, with only £9.2 million imported in November 2022."

Ed Robinson ● 910d