Author Topic: “Electricity Crisis”: German Wholesale Prices “Virtually Exploding”…2,347% Rise Over Single Year!  (Read 601 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/
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Offline mountaineer

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Steve Cortes
@CortesSteve
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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.

"The spirit of Kukluxism will not die out so long as the Democrat party exists to sympathize with that spirit."
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Offline rangerrebew

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It's Trumps fault, anyway. :whistle:
The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

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

Online Wingnut

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They could crank up the output on their nuke plants.   Oh wait....  Nevermind.
« Last Edit: August 23, 2022, 03:53:00 pm by Wingnut »
You don’t become cooler with age but you do care progressively less about being cool, which is the only true way to actually be cool.

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*****
"The spirit of Kukluxism will not die out so long as the Democrat party exists to sympathize with that spirit."
-- Gerrit Smith