Inflation: Who is benefiting from soaring prices?

@AnnieS , Not so Annie, the price we pay EDF would be based on the cost
of building the facility + the projected cost of the fuel in the future !!
Surely this is normal practice? It also includes a handsome profit on the
building of the facility !!
Unfortunately due to the fact that the UK is technically bankrupt EDF insist
on having a share of of the profits from selling the power as payment !!
This will skew future prices !!
Another Blunder by the previous management who believed outsourcing
was the way to go !!
I have a list of blunders going back to the 1970s, but this forum would be
unable to accommodate them in one go !! :-1::frowning::frowning::-1:

@swimfeeders , Very good points Swimmy, but l question the need for
Decommissioning?
Rather, we should be Re- commissioning , using the old infrastructure and
space to accommodate the new, including storage of used fuel ??
However, if we adopt the SMR 's it should alleviate many of the problems
associated with large nuclear reactors plus it wont take so long to get
them on line ?? :+1::roll_eyes::roll_eyes::+1:

You will be excited to hear that the share price of uranium mining companies is rocketing at the moment because of increased demand from you Europeans.

On the other hand South32 has abandoned its application to expand its Dendrobium coal mine despite it being declared “state significant infrastructure” due to the mine’s in role providing coal for the Port Kembla steelworks.

Swings and roundabouts.

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@Bruce , Does that mean you have stopped exporting coal to China too ??
If not , it is meaningless !! :-1::frowning::-1:

What on earth are you talking about?

@Bruce , Didnt you read your own post ?
Summat about not expanding a coal mine somewhere ??Due l assume
because of pollution issues caused by a steel foundry somewhere else
in aussie ??
Seems a bit hypocritical if you are still exporting coal to China ??
However, l suspect you know this ?? :roll_eyes::roll_eyes:

Ass ume away Assman. You’re wrong of course but nothing unusual about that, absolutely nothing to do with pollution, the steelworks will get coking coal from somewhere else. You should have read the article quoted before making an ass of yourself.

Hi

DM, this is an issue for us as well.

Electricity is costing a mint and with our carbon neutral laws we are soon to lose our steel industry.

They asking for help but Government are not listening.

We must all invest heavily in thermal undies for this winter.

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@swimfeeders , To all intents and purposes we have long lost our steel
industry Swimmy !!
Another reason for the SMR’s to be built !! !:+1::+1:

@Muddy , Long johns ! I proposed this several days ago and was warned of
negative consequencies by others on here !!
However it is still my plan !! :grin::grin:

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Leggings for the ladies :+1:

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@PixieKnuckles , Survival suits !! :grin::grin:

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Nothing wrong with a pair of LJs .
We have got too used to being warm and I love it as a child our house was freezing .
No central heating just the fire in the front room .
My bedroom was above the hall and there was ice inside the window in the mornings.

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Just wrap yourself in a duvet and tie it in the middle with string! :smiley:

Hi

Tell that to Port Talbot they have 9000 jobs in the steel works there.

It will destroy the town

I have started sleeping without the duvet…it’s colder, yes but the quality of sleep is far better, and I wake up feeling great.

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Hi

Remind me please what sleep is, the NHS does not provide it in hospital

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Get an Oodie, I love mine

I look just like that in mine

I predict, by the end of winter that the businesses making the highest profits will be… Funeral Parlours and maybe florists?.

By the time we have either starved, or froze to death, their businesses will be booming.