Shell CEO warns energy problem won’t be ‘just one winter’ and petrol could be rationed

Shell CEO warns energy problem won’t be ‘just one winter’ and petrol could be rationed


Shell’s chief executive officer warns that the energy crisis will not be limited to this winter and that fuel might be rationed “for years” – with libraries, community centers, and art galleries in the United Kingdom becoming “warm banks” where Britons can seek refuge from the cold.Chief executive of Shell Ben van Beurden (picturd) in 2015. Mr van Beruden told reporters on Monday that he thought the energy fuel crisis will not be limited to 'just one winter'

Chief executive of Shell Ben van Beurden (picturd) in 2015. Mr van Beruden told reporters on Monday that he thought the energy fuel crisis will not be limited to 'just one winter'

Birmingham Library (pictured) could become a potential 'warm bank'

The Gallery of Modern Art in Glasgow, Scotland

The CEO of Shell stated that the energy issue will not be confined to a single winter.

Monday, Ben van Beurden spoke at a press conference in Norway.

Some municipalities are examining the usage of so-called ‘warm banks’ in preparation for winter. Public places might be made available to those who are unable to adequately heat their homes.

The CEO of Shell has stated that he does not believe the energy crisis will be limited to “just one winter” and has warned that fuel rationing might last “for years.”

Ben van Beurden, the chief executive officer of the energy giant, stated that he anticipated “a number of winters where we must find solutions” as a result of the reductions in Russian supply.

Monday at a press conference in Norway, he stated, “I do not believe this catastrophe will be limited to just one winter.”

He also cautioned that it ‘may be that we have a number of winters in which we must find solutions through efficiency savings, rationing, and a rapid development of alternatives.’

In 2015, Shell’s chief executive was Ben van Beurden (pictured). Mr. van Beruden told reporters on Monday that he did not believe the energy fuel shortage would be limited to “one winter.”

Mr. van Beurden, delivering a gloomy prognosis, told reporters, “The notion that this will be easy or over soon is a delusion we should abandon.”

Several councils are examining the use of libraries, art galleries, and community centers as so-called ‘warm banks’ throughout the winter, according to an article in The Times.

According to the newspaper, municipalities in Birmingham, Bristol, Dundee, Glasgow, and Aberdeen are considering the use of public areas for those who are struggling to heat their houses during the winter months due to high energy bills.

Scotland’s Gallery of Modern Art in Glasgow

The Birmingham Library (shown) might potentially serve as a “warm bank.”

When asked about plans for so-called “warm banks” at libraries, community centers, and art galleries, DCMS minister Matt Warman told LBC Radio, “These are local council initiatives.”

The government must, as it has done in the past and will continue to do in the future, ensure that individuals have the means to heat their own houses.

I believe that the proposed measures will be welcomed by certain individuals. Certainly they will be. But what the government is doing and will continue to do is focus on providing people with the services they need in their own homes, as opposed to forcing them to leave.

However welcome these measures may be for some individuals, they will not be the sole option. They should not be the sole alternative… I am certain that the current package of aid and the package of aid… (from the future prime minister) will result in significant progress in this area.’

The director of Age UK, Caroline Abrahams, has stated that “living will not be easy for many seniors in the coming months.”

In the meantime, Age UK has stated that ‘discussion of warm banks demonstrates the severity of the difficulty of staying warm this winter, particularly for the elderly and those with a low income’

The director of the organization, Caroline Abrahams, stated that while she appreciates any approach proposed to assist older people during the cost of living crisis, it should not be viewed as a “substitute for effective government action.”

She stated, “With costs continuing to skyrocket, the next few months are not going to be easy for many senior citizens. As a result of high inflation and soaring energy costs, many risk a perilous winter despite the fact that millions already struggle to pay for essentials.

‘Discussion of warm banks demonstrates how daunting the problem of staying warm this winter will be, particularly for the elderly and those with limited resources.

While we applaud any policy proposed to help older people weather the cold, we believe the main priorities should be investing in existing infrastructure such as day centres and lunch clubs run by local Age UKs and others, and ensuring that every older person can afford to heat their home.

‘Warm banks may play a role this winter, but they are no substitute for meaningful government action to assist individuals in paying their bills. This is what we need to see immediately.’

The Ofgem pricing ceiling will increase from $1,971 to $3,549 in October 2022, the company stated today. Experts at the energy consultancy Auxilione predict that the cap will increase by an additional 52% to £5,405 in January 2023, then by a further 34% to £7,263 in April, before decreasing by 11% to £6,485 in July and by 7% to £6,005 in October.

In October, the regulator Ofgem will increase the energy price cap by 80%, bringing the average annual gas and electricity bill for a household to £3,549.

According to the projections of energy specialists Cornwall Insight, monthly expenses will increase to £5,400 in January and £6,600 in the spring.

Jonathan Brearley, the chief executive officer of Ofgem, warned of the hardships that rising energy prices will create this winter and encouraged the next prime minister and new Cabinet to “offer an additional and urgent response to sustained rising energy prices.”

He also stated that this winter’s gas prices were 15 times higher than they were two years ago.

The regulator stated that the increase was due to the continuous increase in worldwide wholesale gas costs, which began to climb as the epidemic subsided and were pushed even higher by Russia’s gradual reduction of gas supplies to Europe.

Uswitch reports that some homes may pay £500 per month on energy bills due to rising energy prices.

In addition, Ofgem warned that energy prices could become “much worse” next year. Before October 1, some suppliers may increase the amount direct debit customers pay in order to spread out payments, according to the regulator. However, any funds collected by suppliers will only ever be used to provide energy to families.

The increase in the energy price ceiling has prompted activists to warn that millions of people could face fuel poverty if the government does not provide more assistance with energy bills.

It has also resulted in the formation of the Don’t Pay UK campaign, a grassroots effort begun in the summer of 2022 with the objective of convincing one million individuals to cancel their energy direct debit beginning in October.

On August 26, activists demonstrate against rising energy costs. The demonstration took place in front of Ofgem’s London headquarters.

Andy Burnham stated on Tuesday that he does not support a movement urging people to postpone energy bill payments in protest of the growing cost of living.

The mayor of Greater Manchester told Sky News that he understood why people joined Don’t Pay UK, but that “we must live within the law.”

“At the present time, I cannot endorse this action.” We must conform to the rule of law. We must preserve a nation in which people respect the norms and established procedures.

I understand why people are saying it, but I would not endorse that course of action in any way.

We need action to make things more affordable for people, but if we don’t recognize the magnitude of action that will be required, I believe that calls for action will increase.

Both candidates for Tory leadership have pledged to assist poor Britons in light of the cost of living problem.

If she becomes prime minister, Ms. Truss has committed to reduce National Insurance and green charges on energy bills, and she has also hinted at additional assistance for hard-pressed Britons.

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

Following recent negotiations between ministers and oil and gas firms, as many as 130 licenses could be awarded in an effort to improve the energy security of the United Kingdom.

In addition, if he is elected prime minister, Rishi Sunak has pledged to spend billions more to helping Britons during the cost-of-living crisis, citing a’moral responsibility’ to provide further assistance.

On September 5, Ms. Truss or Mr. Sunak will be named Tory leader, and the victor is anticipated to become prime minister the following day.

In the meantime, a recent survey reveals that working from home could result in an annual increase of £2,500 in household energy costs.

Experts predict that home workers will return to the office in masse this winter in order to escape the high cost of energy.

The average British worker is in the workplace one and a half days per week; therefore, remote workers will likely incur a higher January energy cost of £789 than those who commute to the office.

The stockbroker Hargreaves Lansdown’s Sarah Coles described the ‘horrific magnitude’ of the energy price hike.

She stated, “Even for those who consider themselves comfortable, this crisis is severe enough that they will need to discover new answers.”

People may need to rethink how they utilize their heating, so instead of leaving it on all day, they should focus on retaining as much heat as possible in the rooms they’re occupying by implementing measures such as better water-resistanting.

Check the boiler and refrain from using tumble dryers: What can individuals do to cut energy consumption in the face of rising costs?

– Step one: turn off and disconnect

Households should have performed a thorough examination of every electrical outlet, unplugging any unnecessary items and turning off devices in standby mode, and should make this a routine.

Energy Saving Trust estimates that you can save approximately £55 per year by turning off standby mode on your equipment.

Almost all electrical appliances can be turned off at the wall outlet without their programming being affected. Consider purchasing a standby saver or smart plug that allows you to turn off the standby mode of all your equipment simultaneously.

Check the instructions for any appliance about which you are uncertain. Some satellite and digital TV recorders may need to be plugged in at all times in order to keep track of the shows you wish to record.

– Examine your boiler

A recent survey by the Heating and Hot Water Council found that by lowering the heating flow temperature on their condensing combi boiler, homeowners may save between 6 and 8 percent on their gas bill.

This will allow the boiler to operate more efficiently and potentially save an average of £200 on the monthly energy bill.

Use the knobs on the front of your boiler, and not your room thermostat, to set the flow temperature for the boiler, which is the temperature at which your boiler boils the water before sending it to your radiators. The method for adjusting the flow temperature and the accessible display information vary considerably. Theheatinghub.co.uk contains a helpful online guide.

Turning off the pre-heat option on the boiler is another simple way to save money. This may cause the hot water faucets to take longer to heat up, but it can save hundreds of pounds annually.

– Discard your tumble dryer and use other equipment intelligently.

Tumble dryers are enormous energy hogs, so hang clothing outside to dry on warm days and purchase a drying rack for the cooler months.

Utilize a 30C wash cycle and cut usage by one cycle each week. Use your dishwasher only when it is full, and if possible, employ eco-friendly settings.

Do not overfill the kettle; only boil what is necessary.

– Defrost the refrigerator and freezer.

Remember to defrost your refrigerator and freezer frequently, since the more they freeze, the more energy they will consume.

A full freezer is more affordable to run. When a freezer is full, chilled air does not need to circulate as much, requiring less energy. If you have a great deal of empty space, fill plastic bottles halfway with water and use them to fill voids.

BBC Good Food recommends stocking the freezer with commonly consumed foods, such as sliced bread, milk, and frozen peas.

– Dim the lighting

Turn off the lights when you leave a room or when you are not using them.

Replacing all of your home’s light bulbs with LED bulbs could help you save even more money.

– Keep windows closed during warm weather

When homes become warmer, it is intuitive to open all the windows. However, this does nothing more than fill the house with hot air.

Using blinds and drapes to block direct sunlight during the day and then opening the windows at night when temperatures drop will help you conserve energy by lowering your reliance on energy-hungry fans.

– Employ fans sparingly and prudently

Fans, even when set to a cooling mode, will result in skyrocketing energy costs. You should not cease utilizing them when essential, but there are ways to maximize their effectiveness and reduce their on-time.

Placing fans at floor level helps to circulate the cooler air that naturally sinks rather than the warmer air that rises in a room. You can also build the optimal energy-saving combination by combining smart fan usage with closed windows, operating the fans during the day and leaving the windows open at night.

– Spend money on insulation

The Energy and Climate Intelligence Unit has revealed that homes classified band F on the Energy Performance Certificate (EPC) system, a measure of the home’s efficiency, will have a gas bill £968 more than a home rated EPC band C by 2035.

This winter, the average band D home in the United Kingdom will pay £420 more for gas than band C homes.

According to the Energy Saving Trust, those who seek to future-proof their homes should invest in expert draught-proofing and insulation prior to the winter months in order to reduce their expenses by £405. DIY draft-proofing is significantly less expensive, and anything is preferable to nothing.

Adding solar panels to a comparable home might result in additional annual savings of approximately £450.

Uninsulated homes lose a fourth of their heat through the roof. Most homes have loft insulation, although it is sometimes insufficient. Increasing the amount of insulation from 120mm to at least 270mm is beneficial.

– And now for some urban legends…

Turning off boilers is neither recommended nor an efficient approach to save energy. Instead, thermostats and timers should be utilized to control their operation.

Turning off refrigerators and freezers for brief periods will not save electricity because more energy will be required to chill them back down when they are turned back on. There can also be significant safety concerns if food partially defrosts before being prepared for consumption.


↯↯↯Read More On The Topic On TDPel Media ↯↯↯