Not So Cheap: Wind & Solar ‘Transition’ Sends Britain’s Power Prices Into Orbit

Britain and Germany are the star players in Europe’s self-inflicted renewable energy calamity. Faced with power rationing and crippling power bills, Germans and Brits must be thanking their lucky stars that their governments had the wit and foresight to destroy their coal-fired power plants and give nuclear power the flick.

Banning the exploitation of Britain’s abundant gas reserves has also done great service for their daily energy needs. The Germans had long ago outlawed fracking too, but had banked on Vlad Putin maintaining his supply of Russian gas, ad infinitum. Well, that didn’t pan out.

Who’d have thought that attempting to run exclusively on sunshine and breezes could cause so much trouble? [Note to Ed: we did!]

The team from Jo Nova give a little more insight into the inevitable consequences of the ‘inevitable transition’.

Energy Hyperinflation Ship launching from UK in 3, 2, 1… prices so high there is talk of fracking?
Jo Nova Blog
Jo Nova
28 August 2022

The UK “Price Cap” and forecast keep outdoing even the worse case scenarios, but finally the crisis is so calamitous that the UK Conservative Party are even talking of allowing fracking.

As the Wall Street Journal puts it: Household energy bills were expected to rise 40% this autumn, but on Friday the government regulator announced they’ll leap 80% in a single bound. (Who would have guessed that socialist price fixing would fail to cap the price?)

The current energy costs have just risen again, now “capped” at £3,549 per household, a horrible $4,200 USD or $6,000 Australian. But the future cap is headed for the mesosphere boundary layer at a shocking £7,000 by April. It’s so blisteringly bad that it’s being described as “worse than the GFC” in terms of its impact. It’s so bad, two out of every three Pubs say they are likely to close this winter, with the “monster hikes” to energy prices. That’s despite the Christmas season rush, and hopes that it will be finally free of Covid restrictions. The whole social care system is using the word “collapse” given that the price of a care bed will rise by seven fold thus wiping out their profit margins. It’s only a half a million bed industry…

At this rate there are estimates “half of British households could slip into energy poverty ” in less than six months. (Presumably someone will have to change the definition of “poverty” or it will be a real crisis.)

UPDATE: Things are finally so bad that the PM-in-waiting, Liz Truss, has said she will lift the Fracking Ban. Wow. It’s probably not a coincidence it happened on the same day the shocking new price rises were announced. One fracking company even say they could be pumping gas by January (if given a license immediately). But this move could signify hope that the NetZero serpent will lose some venom. If the UK starts fracking soon and discovers that houses don’t collapse in earthquakes and there are no rivers of fire, it will be impossible to put this genie back in the bottle.

Look at those prices lift off

Even middle income earners are going to need government help to pay their energy bills:
The Telegraph
Daniel Martin

“We are in a national economic emergency,” Mr Zahawi said. “This could go on for 18 months, two years, if Putin continues to use energy as a weapon.”
The Telegraph

Dear Mr Zahawi, Putin has been using energy as a weapon for decades and you have only just noticed. Putin didn’t force Britain to stop fracking gas and build windmills, he just paid green groups to trick you into it...

The Quickening is here. Things are suddenly already at the point of second level consequences where the whole of the economy starts to unravel. There is now an expectation that small businesses will go bankrupt over winter so that means the energy companies are demanding small businesses pay steep deposits in advance for energy, which will break some of those businesses sooner.

Net-Zero Emissions Policy Bankrupts Britain
Wall Street Journal
26 August 2022

And that’s merely what households will spend directly on energy. Britain is also in the grip of an energy-price crisis for businesses, whose rates aren’t subject to a cap. Some small businesses report they can’t get any utility to supply them without paying a steep deposit up front, because energy companies are concerned that high prices will push more small firms into insolvency.

To adapt Hemingway, net zero drives you bankrupt gradually, then suddenly.
Wall Street Journal

Worse than the GFC:

UK Household Energy Bills Will Triple On New Price Cap
Irina Slav
26 August 2022

“The impact to society will be higher than the 2008 crash in terms of the impact on households,” James Cooper, partner at consultancy Baringa, told Bloomberg a day before the Ofgem announcement. “We’re now moving into territory where a majority of households are placed into debt or a very fragile financial position.”

Earlier this week, French utility EDF warned that as many as half of British households could slip into energy poverty by the start of 2023.

OIl Price

All profit margins in the care sector are wiped out by energy price increase which makes the 450,000 bed industry “insolvent”. Presumably these sort of calculations apply to many industries and prices will rise accordingly. Energy inflation will become CPI inflation:

Social care faces collapse as soaring energy prices push up costs almost tenfold
Paul Gallagher
26 August 2022

The entire social care sector faces collapse in the wake of soaring energy bills with the cost of running care homes rising tenfold, experts warned.

The chief executive of Care England said providers faced a staggering 683 per cent increase in energy costs during the past 12 months, with bills expected to rise again early next year. For gas and electricity, the costs were £660 per bed, per year, this time last year; this week, care providers have to pay an astonishing £5,166.

With research from the Centre for Health and the Public Interest (CHPI) estimating the sector’s total pre-pandemic profits before tax, rent payments, directors’ remuneration and repayments on loans at £1.5bn per year, and the rise in energy prices will eradicate profit margins generated across the sector, driving many providers into insolvency and eliminating scope for investment.

Real change coming — Fracking ban to lift soon?
There is hope.

Liz Truss pledges to overturn ban on fracking in bid to end reliance on foreign energy imports
Daily Mail
Tom Witherow
26 August 2022

Liz Truss will end the ban on fracking as part of a plan to make the UK an ‘energy-secure dynamo’, she writes in the Daily Mail today. The Foreign Secretary said Britain cannot be ‘held hostage’ by authoritarian regimes and must end its reliance on foreign imports within a decade.

She pledged to win the support of local communities for fracking by ‘ensuring’ they see the benefits, and said new projects will only go ahead if there is a ‘clear public consensus’ in their favour.

It came as one fracking company in the North of England claimed, in a letter to the Treasury, that it would be likely to be able to inject shale gas into the energy market by January if it were granted a licence immediately.

Support for fracking has grown as soaring gas prices have hit household budgets, with Tory members voicing their support for new drillings in leadership hustings.

A mining engineer, speaking at the hustings in Manchester, said: ‘You cannot run, you cannot grow, you cannot progress a modern economy without a secure supply of cheap, abundant, readily available energy. ‘Right below our feet is the largest energy bonanza this country has ever discovered, bigger than coal and bigger than the North Sea.’
Dialy Mail

Most of the other solutions on offer by UK politicians involve printing more money, not finding more energy:

Mr Zahawi [UK Chancellor of the Exchequer] has drawn up a menu of options for the next Prime Minister amid calls from Ofgem for urgent help. Options under consideration include freezing the price cap as suggested by Labour, increasing benefits, handing extra support to small businesses and a loan scheme for suppliers that could shave £500 off bills.

As we discussed a few days ago, printing money from nothing is what got us into trouble in the first place, creating inflation, feeding sharks and corruption and punishing prudent savers.

The Government can “cap prices” but someone somewhere always has to pay the bill.
Jo Nova Blog

About stopthesethings

We are a group of citizens concerned about the rapid spread of industrial wind power generation installations across Australia.


  1. PM Liz Truss to lift ban on fracking? Hmm…

    The gas supply shortage is a situation that has been entirely manufactured by the global wind industry. It has bastardised the grid by creating a massive demand for gas which is required in vast amounts for whenever the wind doesn’t blow. Whilst solar has issues too, this is predominantly about backing up wind performance output, which can be violently erratic at times. Gas helps to prop up the illusion of renewable energy. It’s all smoke and mirrors. Hypocrisy doesn’t even begin to cover it.

    The UK PM’s hand is being forced by the wind industry, to perpetuate this attack on the grid. Sadly it may not bode well for her in the long run. Renewables are now competing with UK households for gas. The people of Britain need gas for cooking and heating. The wind industry needs gas to stop their entire business model from collapsing! Putin has also tried to take advantage of this situation, even though Trump warned the UK and EU about the looming disaster four years ago. And yet he was lampooned. But Putin is also being used as a reason to bury bad news. This was always going to happen. The hard left ‘regressives’ have blown up baseload power installations and are a threat to National Security.

    The answer in part is to STOP building anymore wind turbines IMMEDIATELY! They have done untold damage to the grid. Construction should then begin on a brand new fleet of HELE coal plants to rebuild a backbone for the nation. The old life expired coal plants could then be demolished, and emissions will be reduced by default. New nuclear plants are now also underway. Balance, stability, baseload and affordability should be the new buzzwords. Gas fracking I fear will do Liz Truss great harm as it will not be popular with the public. Conventional gas extraction however should continue. By pursuing the suggested plan above, demand for gas will drop and prices will begin to ease, and new jobs will also be created.

    The renewables industry amounts to an attack on our very way of life, all to support an elite group of faceless, and I would argue gutless individuals, to bleed the common man of everything. These cowards need to be hauled out into the cold light of day and made to be held to account for the damage they have done to modern society, and rather ironically, the environment!

    I wish the new PM Liz Truss well, but if she continues to do the bidding of the global wind industry, she will most likely lose the next election.

    • 120 b.p.m. says:

      It brings me no pleasure to have predicted a loss of confidence in PM Liz Truss in my comment posted a month ago on STT. The vote against her gas fracking policy in parliament, the day before her resignation, pretty well supports the point I was trying to make.

      There were other issues of course. As to what has really gone on behind the scenes, we may never know. There would appear to be dark forces at play here. One possible indicator could be that if King Charles lll now mysteriously decides to appear at the COP27 climate summit, after being expressly asked not to by exPM Liz Truss. Then I think we will have had a small clue as to what has really gone on here, and the forces behind it. And I don’t mean the Royal family.

  2. Rafe Champion says:

    Comparison of power prices in different countries in Europe including GB,

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