more pain British Gas owner Centrica warns of higher gas costs

[mertle]

http://www.guardian.co.uk/business/2...gher-gas-costs

Are these companies thick they making record profits yet still have the nerve to increase the bills.

In words people got no money to pay your bills. Talk of profiteering nothing in it. Maybe government should force rebuy the company put back in public purse for £1 tell them sling there hook.

This company which make 15bn profits use that. You ripped off people enough.

[Hugh]

£15 billion?

BBC

Centrica, the owner of British Gas, has reported flat annual profits due to the effect of a slump in demand in the UK.

It reported adjusted operating profits of £2.4bn for 2011, up 1% on the same period in 2010.

The results include a 30% fall in operating profits at its residential energy division, British Gas, to £522m.

[Sirius]

Originally Posted by Hugh

£15 billion?

BBC

Why anyone has gas from them shocks me. Every year Centrica craps on there customers.

[mertle]

sorry hugh looked at wikki wrong not best reliable for info .

Mistook there share FTSE 100 market capitilisatian.

Agreed Sirius we moved from them first time we ever moved from core supplier before privitisation.

We kept with what we was with refused to move in the end rubbish service guess what its no better. They still paff you about what is simple get price bills by year work out what monthly charge is slightly ajust for useage next year.

Nope bang it up in winter drop it down in summer our monthly bill what brain these on all wanted was reasonable spread of the bills cost to help pay it. Whats point on monthly paywall if they muck you about. I am sure finance departments idiots.

Why they got slump in demand they over pricing service rubbish they aint getting customers back by centrica stance.

Maybe cushion belts abit dropping top bosses pay might be the way.

[Taf]

It can only get worse as Japan has closed its last nuclear reactor and is now demanding more gas to run their country.

[budwieser]

Originally Posted by Taf

It can only get worse as Japan has closed its last nuclear reactor and is now demanding more gas to run their country.

About time we opened our own Nuclear Reactors and people stopped scaremongering.
Why shouldn`t we have them?

[jempalmer]

"Opened our own nuclear reactors?" If and when they're ever built. 20 years or so hence.

[Osem]

I predict the lights will be going out sometime in the next decade. Mind you, a nice global economic meltdown would probably reduce oil and gas prices.

[budwieser]

Originally Posted by jempalmer

"Opened our own nuclear reactors?" If and when they're ever built. 20 years or so hence.

so,whats the alternative then jem?

[mertle]

Originally Posted by budwieser

About time we opened our own Nuclear Reactors and people stopped scaremongering.
Why shouldn`t we have them?

not scaremongering the issue its costs. Just read this why not viable to do it they reporting cashflow issues and economy for droping/delaying it.

Existing ones are at the end of there lifespan believe or close.

http://www.guardian.co.uk/environmen...-nuclear-plans

[AdamD]

Seems to me we don't really have any plans for energy production in the future, I seriously doubt renewables are going to do the job, nuclear seems to be the only way forward.

With advances in reactor design, including the fast breeder and traveling wave sort, I'm surprised we haven't build more reactors in this country.

[Sirius]

Originally Posted by AdamD

Seems to me we don't really have any plans for energy production in the future, I seriously doubt renewables are going to do the job, nuclear seems to be the only way forward.

With advances in reactor design, including the fast breeder and traveling wave sort, I'm surprised we haven't build more reactors in this country.

There are far to many nimby's in this country who will stop us going nuclear

[AdamD]

Well then, if they don't want nuclear, they can go without electricity :P

[mertle]

Originally Posted by Sirius

There are far to many nimby's in this country who will stop us going nuclear

thats could be true but also seems its going to have to come from PUBLIC purse strings and not private investment.

AdamD I agree been huge advancements in technology while we go build latest generation.

http://en.wikipedia.org/wiki/Generation_IV_reactor

Upto government to take leaf out cameron calling europe to act he needs to AcT on energy solution problem.

Its showing we cant rely on buying our energy needs anymore. We cant rely on what half baked deal did with the french either.

Renewables wont be total solution agree although windturbines advanced with the new floating ones can get in to where its more windy and cheaper to manufacturer.

While w build latest we should then put money into R&D of fussion reactors its believed these could be up and running in 30 years.

Our energy solutions in tatters without proper action will cripple the country.

[AdamD]

The problem I'm seeing is you seem to need hundreds of turbines to replace a single nuclear reactor.

It just isn't feasible.

Take this video from the BBCs site today - http://www.bbc.co.uk/news/science-environment-18095482

Underwater water turbine.

To quote the presenter:

"But to put this in perspective, you'll need 1000 of these machines, to match the kind of output you'd get from a conventional gas, oil or coal power station"

The highest rated turbine that's offshore, seems to be the vestas 7 megawatt one.

So you'd need 159 of these huge, offshore turbines, to replace a nuclear power station the equivalent of Dungeness B