I heard from my sister that the war in the Ukraine have pushed up prices of things such as power in England. The NHS has been struggling, too. there was a 90-odd year old woman who broke a bone and had to wait 40 hours for an ambulance,
What are we doing this week?
It did push up the prices, energy prices are based on the most expensive power in the mix (spot price).
There's currently talks in the EU to shift to a different system as it makes no sense to buy power from e.g. hydro (that's in the single digit cents per kWh) at the price of gas (it hit 1 EUR/kWh here), and in Austria, officially, 60-70% of all power is from hydro generation, 10% wind directly, and the other 20% is basically buy cheap power from somewhere else and store in dams for when needed (so near always wind), still hydro. E.g. I have no gas at all in my energy mix.
In most of the EU, energy produces are "private" but have majority shares owned by government, they could easily reach in and sort it out. Really annoyed by Austria's case as the price is just connected board members getting rich, and the more they delay any action, the more money those board members rake in for themselves, utterly stupid.
Even if they don't sort it out now, this will all balance by 2025 latest, lots of renewable should hit the markets by then, and lots of gas dependence will have shifted over, pretty much everyone is trying to move to heat pumps (I enquired in March since want to swap it at the one house, earliest I can get one for my area is early/mid 2023 since all installers have too many jobs, though that includes having to redo all the piping since heater is from the 1980's, piping nowadays needs a different width for pressure that helps the efficiency substantially, current piping is too thick so all needs to be swapped).
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