TomTalksEnergy ⚡️

🎯 Energy Strategy 🌱Sustainability & Renewables ⚡️

Energy Spotlight: Practical Energy & Renewable Solutions

[TomTalksEnergy ⚡️ @TomTalksEnergy]

#energythread on UK Gas Prices

In this 🧵, we’ll explore what's impacting UK's gas prices, shedding light on the current market scenario, potential projections, and why despite significant decreases in wholesale costs, we still could be in the middle of the storm.

#EnergyCrisis

[TomTalksEnergy ⚡️ @TomTalksEnergy]

@toughy92 Took my 2yr old lad to his first game on Saturday - and what a game it was…

#PUSB

[TomTalksEnergy ⚡️ @TomTalksEnergy]

@royal_bobby24 @crazyclips_ A man’s best friend.

[TomTalksEnergy ⚡️ @TomTalksEnergy]

@MerlinFDC4 Hoping for a late start to the season! Still optimistically (or stubbornly) wearing shorts most days 🫠

[TomTalksEnergy ⚡️ @TomTalksEnergy]

@JRLOakley @agw1437 @Jacob_Rees_Mogg We don’t rely on Russia for any [cheap] gas, oil, or coal [now]…

[TomTalksEnergy ⚡️ @TomTalksEnergy]

@WallaceUK Didn’t stop laughing at the ‘sent from iPhone’ clip in between scenes.

When she was angry and just typed ‘phone’.

Mental. Dark show too.

[TomTalksEnergy ⚡️ @TomTalksEnergy]

@mwt0604 @UberUKI_Support @Deliveroo I’m stirring the pot at your expense. I enjoy those industry competitor face offs on this platform 🍿

[TomTalksEnergy ⚡️ @TomTalksEnergy]

@mwt0604 @UberUKI_Support @Deliveroo new customer acquired…👆

[TomTalksEnergy ⚡️ @TomTalksEnergy]

@mwt0604 @UberEats Crazy that you get a response on here though, rather than in-app functionality or phoning!

Unless it’s a bot of course.

Good luck, nothing worst than messing with somebodies take out!

[TomTalksEnergy ⚡️ @TomTalksEnergy]

@guardianeco UK Energy Security @grahamstuart ?

We have 4 days gas storage capacity.

We cannot refine most Oil extracted from North Sea.

Both fuels are largely exported by private firms Gov cannot control or tax properly.

Consumer energy pricing is dictated by global market.

[TomTalksEnergy ⚡️ @TomTalksEnergy]

@shoshmck @g__j @Adam_Grant_Bell They did and still include the cost of failed suppliers via SoLR rebates however, it is a very small amount.

The main rise in SC’s is through non-energy costs impacted by inflation…

[TomTalksEnergy ⚡️ @TomTalksEnergy]

@shoshmck @g__j @Adam_Grant_Bell Much of standing charges are built up of ‘non-energy’ third party costs. Such as maintaining the network, upgrades, infrastructure changes etc…

Most of non-energy costs are linked to retail and consumer indexes, all of which impacted by the rate of inflation.

[TomTalksEnergy ⚡️ @TomTalksEnergy]

@g__j @WhichUK Love this @g__j 👏I can feel the UI/X designers sweating in the background 😂

[TomTalksEnergy ⚡️ @TomTalksEnergy]

@elonmusk The irony of this right now 😂

[TomTalksEnergy ⚡️ @TomTalksEnergy]

@MartinSLewis @CornwallInsight Despite wholesale costs not far from pre-energy crisis levels, which is well reported by MSM.

This will not translate directly to the costs consumers pay. Eg; increase in network costs which make up a large % of total bill & SC increases + inflation.

The list goes on.

[TomTalksEnergy ⚡️ @TomTalksEnergy]

@MartinSLewis @CornwallInsight Long term however, the risk disappears somewhat - particularly within more favourable seasonal months.

👇

[Coventry City @Coventry_City]

Today marks the 83rd anniversary of the Coventry Blitz.

We remember all those who were killed and injured on this night in 1940 and all those who were affected.

[TomTalksEnergy ⚡️ @TomTalksEnergy]

@MerlinFDC4 Brilliant 😂