UK Energy Crisis Deepens as prices and demand skyrocket while supplies shrink to critical levels

by Xavier Connolly, November 2021

Image: Energy suppliers in UK are facing a “massacre” as prices and demand skyrocket while supplies shrink to critical levels; U.S. consumers are next

It is ironic that in the week world leaders and flat faced Swedeish trolls are gathering in Glasgow for an orgy of virtue signalling that will inevitably drive millions of people in the developed world into fuel poverty and result in more industrial jobs being exported from the west to the world’s major produceres of Carbon Dioxide emissions, China and India, the energy crunch that is affecting the whole of Europe is about to hit the United Kingdom extremely hard. With the green policies that have caused governments to neglect reliable sources of energy such as coal to invest in hypothetically sustainable power from wind and sunshine, a weather system knows as an Arctic Plume is lowering temperatures over Britain. Suppliers simply cannot keep up with demand as colder temperatures are already setting in ahead of a bleak winter.

What’s more, energy suppliers, whose retail proces are capped by the government, are going bust at record numbers, and it’s all due to the green lunacy that has gripped politicians who, it seems, are entirely oblivious of the effects of their policies on the people who voted them into power .

“Another 20 energy providers in the UK could go bust in what looks like a ‘massacre’ in the coming months unless the government reviews the energy price cap, the chief executive of one of the largest providers said,” according to a report from OilPrice.com.

A combination of factors have contributed to the current crisis but all can be linked to poor management at the highest levels and decision making driven by ideology rather than pragmatism. Europe’s gas market is in the biggest mess ever because most of the left-wing governments on the continent have obsessively pumped resources — and pure faith — into unreliable “green” energy and the cult of scientism.

On top of that low gas stocks, and unfavourable weather conditions (wind turbines have quite a narrow window of wid speeds at which they can generate efficiently) have contributed to a decreased level of power generation. Also, “record carbon prices” the price these green blob nations charge levy on producers to generate energy from reliable sources such as coal, oil and gas, (costs that are then passed along to consumers, of course) “have combined in recent weeks to send benchmark gas prices and power prices in the largest economies to record highs,” OilPrice.com reported.

A Sky News report on on television threw more light on the situation, the news channel reported:

The UK has a so-called Energy Price Cap in place, which protects households from too high bills by capping the price that providers can pass on to them, but which additionally burdens energy providers.

Unless the UK government intervenes and reviews for raising the price cap soon, “we are in danger of just sleepwalking into an absolute massacre”, Keith Anderson, chief executive at ScottishPower, told the Financial Times.

“We think probably in the next month at least another 20 suppliers will end up going bankrupt,” Anderson told SkyNews.

Meanwhile, thanks to a shortage of natural gas in Europe and throughout the West, coal plants that had been mothballed for several years have been brought back into service and the working life of several ageing nuclear plants has been extended yet again. In other instances across the continent power plants have had to switch to using oil, which in turn is causing a shortage of that commodity as well.

“The surge in prices has swept through the entire global energy chain. Higher energy prices are also adding to inflationary pressures that, along with power outages, could lead to lower industrial activity and a slowdown in the economic recovery,” the International Energy Agency said this month.

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