Showing posts with label gas. Show all posts
Showing posts with label gas. Show all posts

Wednesday, 26 November 2014

Shakespeare


My son has been rehearsing hard for weeks to perform as part of the Shakespeare schools festival. Simultaneously over last week there were 1,000 schools performing and we watched just 4 of these in one evening. Each school had their own take on a different Shakespeare play and they were brilliant!

The lady sitting next to me watched the whole week's worth at the Curve in Leicester, and had been very impressed. As she pointed out, "Shakespeare is like speaking another language." Yet there were primary school children confidently delivering their lines for The Tempest, and conveying the meaning well enough for those unfamiliar with the play to be able to follow. My youngest daughter was so confused -"I can't understand what they are saying", but she still picked up the storylines conveyed by the acting.

One of the schools performing was an international school, so for them it was like speaking a different language, in a foreign language. They did spectacularly and even though none of their parents were in the audience it seemed like they received the loudest applause. These were young teenagers, and you could see they were glowing with the appreciation.

Did I mention they were Russian? It clearly made not the slightest difference to any one of the people in that theatre, other than to impress them at their language ability. Why should it? We are not in another Cold War, even though those words have been rattling around the news recently. It feels like there is an attempt to re-ignite old memories and old fears. But that adversary, the Soviet Union, no longer exists. Does anyone really feel under threat from Russia?

Let me tell you a little more about the play that they performed. It was Othello, and a very brief synopsis is that Iago tricked Othello into believing that the woman he loved, Desdemona, had been having an affair with Cassio. Iago did this by deception and lies, making innocent conversations appear to mean something else, planting false evidence and trying to silence anyone who could reveal the truth. Orthello believed the lies and tormented by jealousy, murdered Desdemona, the woman he loved. In case you haven't guessed.....it is a tragedy. Though not quite as tragic as King Lear, which seemed as if most of the cast ended up dead!

This plot may be written over 400 hundred years ago, but the same lies, deception and false meanings are still in use to blind and mis-direct us. For instance, why are protesters in Hong Kong called "pro-democracy protesters" in the press, yet in Ukraine the people standing against the current government are called "pro-Russian separatists". (It is such a mouthful that it could easily be shortened from "pro-Russian separatists" to just "Russians".) Were the Scottish Yes supporters labelled "pro-Scandinavian separatists"? How ridiculous does that sound? Yet they were voting to be independent of British rule, just as the people of Donetsk have voted to be independent of Ukraine. The difference of course being that Scottish independence was out-voted, whereas Donetsk had a clear majority for independence. Plus the Scottish vote is considered legitimate and for some reason the Donetsk vote isn't. What is Democracy if it isn't about giving the people a vote and a voice?

If the majority of people living in Donetsk don't want to be part of Ukraine, how would you try to change their minds? Attacking them until they abandon their homes and become refugees can't be the only option.

I am not saying that I can unscramble the truth from the lies, but I do like to hear the story from all sides. This BBC interview by John Simpson of Dmitry Peskov, Putin's chief spokesperson, seems to give a glimpse of the other side of the story. I found Dmitry Peskov quite compelling. He really can't believe that John Simpson thinks that there are Russian troops in Ukraine. (Here is another interesting snippet from John Simpson from the same event)

There does seem to be a lot of accusations flying with little solid definitive evidence to back it up. Dmitry Orlov wrote in his post 'How can you tell whether Russia has invaded Ukraine?' describing what a Russian invasion would actually look like.

"....the Russians operate in battalions of 400 men and dozens of armored vehicles, followed by convoys of support vehicles (tanker trucks, communications, field kitchens, field hospitals and so on). The flow of vehicles in and out is non-stop, plainly visible on air reconnaissance and satellite photos....."

That clearly isn't happening, but at the same time how can Russia stay neutral about what is happening on their border? With most countries in the region reliant on Russian gas to see them through the winter, the picture of an isolated Russia backed into a corner doesn't ring true either. It may be the reality of energy supplies that brings the situation to a head - a cold Cold War you might say ;-)

And maybe in true Shakespearian fashion the truth will be unveiled as the tragedy ends.

Sunday, 19 October 2014

Energy switch

I have just started the process of switching my energy supplier again for gas and electricity. It should be a much quicker process now. Although nothing has happened for the last 2 weeks, because there is a 14 day cooling off period!


From the graph above you can see why I am switching. My current fixed price contract (annual cost shown in blue) was coming to an end and if I did nothing I would be moved onto the 'standard price' contract (in red) which would increase my bills by £251 a year (based on my actual consumption for the last year).

My current supplier is also offering a special deal. If I move to their 'Fix & Save 2' rate (in green) I will save £132 they say, but they mean I will make a saving compared to the standard rate, rather than my current rate. Actually it will still cost me £119 extra and I will be tied in for a year with a penalty for switching. Not really a saving after all then.

Although all the information I needed to work out the true cost was provided by my supplier, it would be easy to just assume that I was really going to save money and sign up. These energy companies can be tricky, although this is still an improvement. Previously you wouldn't realise the rate had increased until you had received a few higher bills.

MSE have a nifty tool The Cheap Energy Club that sends out alerts when there are cheaper energy deals that you can switch to. I have found it very easy to use. By comparing, I have switched to a deal called 'Blue' (er...in purple) that works out only £22 more than my existing rate, but I will get £30 cashback on top. My new deal is not the cheapest available, but it has given me a fixed rate for 2 years, with no penalty to leave it.

What are the chances that energy prices won't be rising over the next 2 years given that:
  1. There is a possibility of electricity shortages this winter, due to unplanned shutdowns on a couple of nuclear power stations and a few other unforeseen closures.
  2. Gas production in the UK is at it's lowest point, having peaked in 2000, and supplies only 50% of our gas consumption.
  3. Relations with Russia, the main gas supplier for Europe, are a touch frosty. Because we buy in a global market, any restrictions or price increases will affect wholesale prices throughout Europe, whether or not our gas is coming directly from Russia.
  4. Prices have been increasing by significantly more than inflation for the last 10 years.
  5. The current government has made no progress on tackling the huge profits that the energy companies make, though they have succeeded in significantly reducing the uptake of energy efficiency measures. Large scale take up of energy efficiency measures may lead to reduced demand, however high energy prices also reduce demand. The difference is that high prices hit the poor hardest and can lead to them being unable to afford to keep their homes warm, where as energy efficiency measures such as insulation means that keeping your home warm uses less energy and costs less.
For energy prices to remain stable over the next 2 years we would need very mild winters across Europe, an end to sanctions with Russia and no growth in demand for energy. Just looking at the last point, if the economy is growing, then energy consumption is increasing. This is because economic growth is about building more houses, expanding factory output, and increasing consumer spending on 'stuff' that is made with energy. No growth in energy consumption quite simply means no economic growth. That's not a popular suggestion (even less so than making up with Russia), hence why energy prices are almost guaranteed to rise over the next 2 years.

But wait......oil prices have been falling significantly, which signifies a drop in demand for oil. This could be one of the first indications that recession is starting to bite again (supported by the dive in share prices), so maybe no energy growth is a possibility?

Whatever happens, checking whether you can reduce your energy bills now, installing energy efficiency measures and taking advantage of subsidized or free solar panels will prepare you for the coming winter and help reduce costs.