Shell CEO: Energy situation won’t be ‘just one winter’ and gasoline may be rationed

Shell CEO: Energy situation won’t be ‘just one winter’ and gasoline may be rationed


The Shell CEO cautioned that gasoline rationing might last “for years” and expressed his belief that the energy problem would not be contained to “just one winter.”

The energy company’s chief executive, Ben van Beurden, predicted that the reductions in Russian supply will lead to “a lot of winters when we have to somehow find answers.”

I don’t believe this catastrophe will be contained to just one winter, he stated during a news conference on Monday in Norway.

It “may well be that we have a lot of winters” when we “have to somehow find answers via efficiency savings, through rationing, and through a very speedy build-out of alternatives,” he said in his warning.

Mr. van Beurden gave reporters a depressing prognosis, saying, “That this is going to somehow be simple, or over, is a delusion we should set away.”

It coincides with news that some municipalities are looking into using libraries, art museums, and community centres as so-called “warm banks” throughout the winter.

According to the newspaper, authorities in Birmingham, Bristol, Dundee, Glasgow, and Aberdeen are thinking about allowing those who are having trouble heating their houses due to rising energy bills throughout the winter to use public places.

When asked about proposals for so-called “warm banks” at libraries, community centres, and art galleries, DCMS minister Matt Warman responded to LBC Radio that such projects had been put out by local councils.

Making ensuring that individuals have the means to heat their own houses is what the government must do, has to do, and will continue to do in the future.

‘Those efforts that are proposed, in my opinion, will be well received by some. Naturally, they will be. Instead of forcing individuals to leave their homes, the government is and will continue to concentrate on providing them with the services they need.

Even if these measures may be welcomed by some, he said, they won’t be the only choice. They shouldn’t represent your sole choice… I have faith that the assistance already provided and the assistance forthcoming (from the next prime minister) will result in significant advancements in this area.

The energy price limit will increase by 80% in October, according to regulator Ofgem, bringing the typical household’s annual gas and electricity bill to £3,549.

As anticipated by energy researchers Cornwall Insight, bills would increase once again to £5,400 in January and even more to £6,600 in the spring.

Jonathan Brearley, the CEO of Ofgem, foresaw the difficulties that rising energy costs would bring about this winter and pleaded with the new prime minister and Cabinet to “offer an extra and immediate reaction to sustained climbing energy prices.”

He said that the cost of gas this winter was fifteen times more than it was two years ago.

The regulator said that the hike was a result of the ongoing rise in wholesale gas prices throughout the world, which started to soar as the epidemic subsided and were further pushed up by Russia gradually cutting off gas supplies to Europe.

Additionally, Ofgem issued a warning that energy costs may get “much worse” in 2019.

According to the regulator, some providers may start raising the amount that direct debit clients pay prior to October 1 in order to stretch out payments, but any money received by suppliers will only ever be used to provide energy to families.

Campaigners have warned that millions of people may experience fuel poverty if the government does not provide more assistance with energy bills as a result of the increase in the energy price cap.

It also sparked the development of the Don’t Pay UK campaign, a grass-roots initiative that aims to convince one million people to stop their energy direct debit as of October 2022.

However, Andy Burnham stated on Tuesday that he opposes a movement urging people to refuse to pay their energy bills in an effort to show their opposition to the rising cost of living.

The mayor of Greater Manchester told Sky News that while he recognised the motivations behind people joining Don’t Pay UK, “we have to live within the rule of law.”

“At this time, I would absolutely not support taking this move.” We must follow the law in everything we do. We must continue to live in a nation where people respect the laws and the way things are done.

I can see why people are saying that, but I don’t in any way think they should act that way.

“What we need is action to make goods more accessible for people, but I do believe that that type of demand will escalate until we see the amount of action that is going to be required,” the speaker said.

The cost of living crisis has also been a key issue in the race for the Tory leadership, with both contenders promising to assist British citizens in need.

If she is elected prime minister, Ms. Truss has promised to reduce National Insurance and green charges on energy bills. She has also hinted at further help for struggling Britons.

Ms. Truss also intends to use her first days in office to grant a number of new oil and gas drilling licences in the North Sea, in addition to her promise to enact emergency measures to assist people with skyrocketing gas and energy bills this winter.

Following recent conversations between ministers and oil and gas corporations, as many as 130 licences may be granted in an effort to increase the UK’s energy security.

As he recognised a “moral obligation” to provide further assistance, Rishi Sunak also promised to spend billions more to aid Britons through the current cost-of-living crisis if he becomes prime minister.

On September 5, the victor of the Tory leadership contest between Mr. Sunak and Ms. Truss would be sworn in as prime minister the following day.

An additional £2,500 in annual family energy costs may result from working from home, according to a recent report.

In order to escape the high energy costs in winter, experts predict that home workers will return to the office in droves.

Since the typical British worker spends one and a half days each week in the office, remote work will probably result in an energy cost of £789 in January as opposed to £580 for those who go to work.

Even people who believe themselves to be comfortable will need to come up with fresh answers since this problem is so terrible, she added.

People may need to reevaluate how they use their heating so that rather than having it on all day, they concentrate on attempting to retain as much heat in the rooms they are using, via measures such as increased drought-proofing.

Do a boiler check and avoid using a tumble dryer: What can folks do to utilise less energy as their bills are skyrocketing?

– Turn off the device and disconnect it.

By now, households should have checked every power outlet thoroughly, disconnecting everything not immediately needed, and turning off standby mode on all of their gadgets.

According to the Energy Saving Trust, just remembering to switch off your appliances’ standby mode may result in annual savings of around £55 for you.

The majority of electrical equipment may be unplugged without affecting their programming. Consider purchasing a standby saver or smart plug that enables you to switch off all of your appliances’ standby functions at once.

If you’re unsure about any appliances, check their directions. In order for certain satellite and digital TV recorders to maintain track of any programmes you wish to record, they may need to be kept plugged in.

– Examine your boiler.

According to a recent assessment by the Heating and Hot Water Council, homes may reduce their gas consumption by as much as 6% to 8% by simply lowering the condensing combi boiler’s heating flow temperature.

By doing this, the boiler will operate more effectively and a typical energy cost might be reduced by around £200.

To adjust the flow temperature for the boiler, which is the temperature your boiler boils the water to before delivering it to your radiators, use the knobs on the front of the boiler rather than your room thermostat. The flow temperature adjustment process and the information shown on the display might be quite different. The website theheatinghub.co.uk has a helpful guide.

Another simple way to save money is to switch off the boiler’s pre-heat mode, which may result in longer heating times for hot water faucets but might save hundreds of dollars annually.

– Put your tumble dryer out of mind and use other appliances carefully.

Because tumble dryers use a lot of energy, hang your clothing outdoors to dry on warm days and get a drying rack for the winter.

Use the 30C cycle on your washing machine and limit use to once a week. Use the eco settings and only run your dishwasher when it is completely full.

Don’t overfill the kettle; only boil what you require.

– Defrost the freezer and refrigerator.

Your refrigerator and freezer should be periodically defrosted since the more they ice up, the more electricity they use.

Running a full freezer is more cost-effective. Less electricity is used when the freezer is fully stocked since the cold air does not need to circulate as much. Use water-filled plastic bottles that have been partially filled to fill in spaces if you have a lot of extra room.

Fill the freezer with staples you’re sure to need, such sliced bread, milk, or frozen peas, advises BBC Good Food.

– Extinguish lights

When not in use or when leaving a room, turn off the lights.

You may be able to save even more money if you switch to LED bulbs for all the lighting in your house.

– When it becomes hot, shut the windows.

When a house warms up, opening all the windows is a no-brainer. But all that happens is that hot air is pumped into the home.

During the day, it is ideal to block direct sunlight using blinds and drapes. At night, when temperatures drop, you should open the windows to let in more light and conserve energy by not using as many fans.

– Use fans prudently and sparingly.

Even when utilised on cooling settings, fans will drive up costs. Although there are techniques to increase their effectiveness and decrease the amount of time they remain on, you shouldn’t stop using them when required.

Fans placed at floor level assist in moving cooler lower air instead of warmer air that rises naturally in a space. By using smart fans in conjunction with closed windows, running the fans during the day and leaving the windows open at night, you may also achieve the optimal energy-saving combo.

– Spend money on insulation

Houses rated band F on the Energy Performance Certificate (EPC) system, a measure of the home’s efficiency, are expected to have gas bills that are £968 more than homes rated EPC band C, the Government’s goal by 2035, according to new research from the Energy and Climate Intelligence Unit.

Band D households, which make up the majority of homes in the UK, will spend £420 more for gas in winter than band C homes.

According to the Energy Saving Trust, people who want to future-proof their houses may save their winter heating costs by £405 for a semi-detached property by investing in expert draught-proofing and insulation. Draught-proofing yourself is significantly less expensive, and anything is preferable than nothing.

A comparable house might save an extra £450 per year if solar panels were installed.

Uninsulated homes lose 25% of their heat via the roof. Although sometimes insufficient, loft insulation is present in the majority of houses. It would be beneficial to increase the insulation from 120mm to at least 270mm.

And now for some myths.

Boilers should never be turned off in order to conserve electricity. Instead, their functioning should be efficiently controlled by the use of thermostats and timers.

Turning off refrigerators and freezers for brief periods will not result in energy savings because more energy will be required to cool them down once they are turned back on. Instead, they should always be left on. Food that has partially defrosted before being prepared for consumption may also pose serious safety risks.


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