Energy prices herald “return to the 70s”

Its time to start culling woodland,scavenging fuel from dumpsters and wearing warmer clothes

Start foraging in Granny’s closet — if forecasts by Deutsche Bank are true, we are heading for =higher energy prices very soon. The bank’s researcher estimates that prices will rise a further 25% by 2015, meaning that the average  household will be spending more than 4% of their disposable income on fuel bills, back to the levels seen following the oil shocks of the1970s. For households, Deutsch Bank surmise that the only way that energy prices would be lower than forecast is if there were a recession — but the lower energy prices would be of little comfort to those out of work. Perhaps those furry waistcoats and long cardigans so beloved of the 1970s may be the trick to staying warm in winter. Driving the increase is not just the growing demand for fuel but the growing dependency on imports.  In the UK,  the boon from North Sea oil and gas fades. The UK stopped being a net exporter of energy after 2003 and since then it has been increasingly at the mercy of international fuel prices. For the sellers of household energy, those utilities with upstream (producing assets) should be better placed than those that have to buy more of their energy in from wholesale markets.Centrica, with its storage, generation and upstream gas and oil, and SSE with its considerable wind and hydro production as well as fossil fuel production have the potential to benefit from upstream earnings cushioning any squeeze in profit margins in retail (downstream supply).

200W Portable Power Station, Powkey 120Wh/33,000mAh Power Bank with AC Outlet, 110V 6 Outputs Solar Generator External Battery Pack with LED Light for Home Use and Outdoor Camping

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31% Off $149.99 $102.99 (as of October 3, 2024 20:11 GMT +01:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)

120WH CAPACITY: The power station has a power capacity of 120Wh/33,000mAh which the camping power supply can power most electronic devices efficiently. It can fully charge mobile phone 10+ times, the laptop 2 times, the CPAP machine 3 hours (the time... read more

Portable Power Station 600W, Powkey 296Wh Battery Backup with 2 Pure Sine Wave AC Outlets, USB-C PD100W and 2 Wireless Chargers, Solar Generator (Solar Panel Optional) for Outdoor Camping/RVs/Home Use

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$275.54 (as of October 3, 2024 20:11 GMT +01:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)

CAMPING BATTERY WITH MOST PORTS: The outdoor backup lithium battery features 2 x AC outlet (110V 600W in total), 2 x USB-A port, 2 x USB-C port, 2 x 10W Wireless Charger, 2 x 12V DC port and 2 x charging port (USB-C, DC). Our portable power generator... read more

powkey Portable Power Station 800W with 3 AC Outlets, 110V/740Wh Solar Generator(Solar Panel Optional), 200,000mAh Emergency Backup Lithium-ion Battery for Outdoors Travel RV Trip Camping CPAP Machine

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$569.99 (as of October 3, 2024 20:11 GMT +01:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)

The outdoor backup lithium battery features 3 x AC outlet (110V 800W in total), 2 x USB-A port, 2 x USB-C port, 2 x 10W Wireless Charger, 2 x 12V DC port and 2 x charging port (Anderson, DC). Our portable power generator with wireless charger, you ca... read more

Generac B4177GS Generator Battery Charger Genuine Original Equipment Manufacturer (OEM) Part

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$29.99 $22.99 (as of October 3, 2024 20:11 GMT +01:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)

This part is compatible with models including; 030247-01,030247,1656-1,01893,030240,030242,580326310,580326311,030477A-01,580754952,580754951,580329140,580754950,01925,020573-00,030237,030216,030337-0,030210,030338-1,580325650,030470-1,030471-0,58032... read more

Portable Power Station 350W, Powkey 260Wh/70,000mAh Backup Lithium Battery, 110V Pure Sine Wave Power Bank with 2 AC Outlets, Portable Generator for Outdoors Camping Travel Hunting Emergency

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Multiple Charging Ports: 2* Pure Sine Wave AC outlets (110V 350W ), 2* USB-A ports (5V, 3.1A total),1* USB-C port , 2* DC Outputs(12V 8A; 24V 3A) and 1* 12V DC car port to charge your devices, and 1 * 10W wireless charging pad are also equipped 3 Cha... read more