Author Topic: “Electricity Crisis”: German Wholesale Prices “Virtually Exploding”…2,347% Rise Over Single Year!  (Read 855 times)

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Offline rangerrebew

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“Electricity Crisis”: German Wholesale Prices “Virtually Exploding”…2,347% Rise Over Single Year!
By P Gosselin on 21. August 2022

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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/
“Our government teaches the whole people by its example. If the government becomes the lawbreaker, it breeds contempt for law; it invites every man to become a law unto himself; it invites anarchy.” Louis D. Brandeis

Offline mountaineer

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Steve Cortes
@CortesSteve
·
4h
Oh boy. Natural Gas hits $10. The fuel for America's factories and farms skyrockets.
For context, Nat Gas was at $2.50 when Biden took office.

I would remind you that extremism in the defense of liberty is no vice. And let me remind you also that moderation in the pursuit of justice is no virtue.
--- Henry V. Jaffa

Offline rangerrebew

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It's Trumps fault, anyway. :whistle:
“Our government teaches the whole people by its example. If the government becomes the lawbreaker, it breeds contempt for law; it invites every man to become a law unto himself; it invites anarchy.” Louis D. Brandeis

Offline DefiantMassRINO

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"Political correctness is a doctrine fostered by a delusional, illogical minority, and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it’s entirely possible to pick up a turd by the clean end." - Alan Simpson, Frontline Video Interview

Offline Wingnut

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They could crank up the output on their nuke plants.   Oh wait....  Nevermind.
« Last Edit: Tuesday, Aug 23, 2022 11:53 am by Wingnut »
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Offline Fishrrman

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Germany has plenty of coal.
Bring back the "gaswerken" of old, converting coal into natural gas...

Offline mountaineer

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They could crank up the output on their nuke plants.   Oh wait....  Nevermind.
Instead, they have vast fields of solar panels and windmills to despoil the landscape.  *****rollingeyes*****
I would remind you that extremism in the defense of liberty is no vice. And let me remind you also that moderation in the pursuit of justice is no virtue.
--- Henry V. Jaffa