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Re:Europe now has so much natural gas that prices just dippe... by dr_dshiv on Thursday October 27, 2022 @12:14PM (#33359784)
I had to pay 800 euros last month for home energy on my variable contract in Amsterdam. Insane.
Re:Europe now has so much natural gas that prices just dippe... by bpodgursky on Thursday October 27, 2022 @12:34PM (#33360144)
Well, if you have a refrigerated pressure tank which can store a few tens of thousands of cubic yards of LNG, you are in luck.
Re:Europe now has so much natural gas that prices just dippe... by ralphmelish on Thursday October 27, 2022 @12:42PM (#33360252)
What are the kWh prices in Amsterdam? I'm in London and would need to consume more than 1,700 kw to pay that much (£0.3866 per kWh, £0.3849 standing charge).

Edit: I'm also on a variable contract

Re:Europe now has so much natural gas that prices just dippe... by iso1631 on Thursday October 27, 2022 @12:51PM (#33360422)
How variable -- how many times a day does your price per kwh change?
Re:Europe now has so much natural gas that prices just dippe... by ralphmelish on Thursday October 27, 2022 @01:06PM (#33360669)
It doesn't change during they day, it only changes when the government approves price increases. I guess variable means a different thing in the UK. Do you have peak and off-peak prices?
Re:Europe now has so much natural gas that prices just dippe... by Okkef on Thursday October 27, 2022 @02:01PM (#33361451)
That's not how it works in the Netherlands
Re:Europe now has so much natural gas that prices just dippe... by ralphmelish on Thursday October 27, 2022 @02:38PM (#33362017)
That's why I asked. Thank you for your detailed explanation.
Re:Europe now has so much natural gas that prices just dippe... by iso1631 on Thursday October 27, 2022 @02:21PM (#33361742)
Before the last 12 months, Octopus had an agile price where the price you pay the rate depending on different time of the day. Sometimes this would be high (25p+), sometimes it would only be a couple of pence. Sometimes it was negative.

https://agileprices.co.uk/ shows the price for a given region. For example back on October 1st you'd actually be paid to charge your battery --

Because of the government's meddling in the market it's no longer available for new customers, so if you have the resources or ability to smooth your load, it's meaningless, you can simply claim your massive subsidy from the government and recharge your 80kWh car battery at peak time for 35p // £28, with the taxpayer picking up the extra £52.

But in a free market you'd charge at low demand times (say overnight when you could have been paying 10p/unit) and either use it, or possibly sell it back, at high peak times (that 80p/unit)

(I'm not sure how feed in tarrifs worked with Octopus, but a system which would reduce the load on the grid has been scuppered by the government with the inexplicable energy policy)

Re:Europe now has so much natural gas that prices just dippe... by ralphmelish on Thursday October 27, 2022 @02:43PM (#33362091)
That's quite interesting. Prices seem quite cheap compared to what I'm paying right now. Too bad they are not taking new customers.
Re:Europe now has so much natural gas that prices just dippe... by Dma54rhs on Friday October 28, 2022 @03:40AM (#33368677)
I'm not from Holland but in EU and I pay hourly market rate of my regions electricity pool.
Re:Europe now has so much natural gas that prices just dippe... by ralphmelish on Friday October 28, 2022 @05:30AM (#33369355)
So your prices are constantly changing? How much do you pay on average for a kW?
Re:Europe now has so much natural gas that prices just dippe... by Dma54rhs on Sunday October 30, 2022 @08:26PM (#33400585)
Yup, around 15c/kwh, spot prices are common over EU in some countries more than others.