“Electricity Crisis”: German Wholesale Prices “Virtually Exploding”…2,347% Rise Over Single Year!
By P Gosselin on 21. August 2022
Share this...
Here’s more on the Great Energy Debacle, which is brought to you by the green energy masterminds who followed “the science”.
Europeans, especially Germans, are already fearing massive natural gas supply shortages this coming winter, but experts are warning an electricity crisis could hit first.
The “Handelsblatt”, Germany’s business and finance daily, reports on the country’s exploding electricity prices in its online article: “Over 2000 percent: electricity prices jump to record highs“.
And the bad news: things are expected to get worse – a lot worse!
The megawatt price of electricity in daily trading on the Leipzig EEX exchange “jumped to a new high” last week, according to the Handelsblatt. “A megawatt hour (MWh) now costs 563 euros. A year ago, the price was just under 23 euros – an increase of more than 2,347 percent.”
https://notrickszone.com/2022/08/21/electricity-crisis-german-wholesale-prices-virtually-exploding-2347-rise-over-single-year/
