Europe’s Energy Prices Hit New Record Highs As Cold Snap Arrives – IOTW Report

Europe’s Energy Prices Hit New Record Highs As Cold Snap Arrives

Zero Hedge:

Update (0853ET): Europe’s energy crisis worsened Monday as the Northern Hemisphere winter is about to begin. Colder weather plagued parts of Europe with zero degrees Celsius, straining electricity grids already dealing with unreliable green energy sources (such as low wind power generation) and nuclear power plant outages in France. 

Let’s begin and take a look at soaring day-ahead electricity prices across Europe. Bloomberg’s Chief Energy Correspondent Javier Blas pointed out, “electricity prices across much of Europe set fresh and frightening record highs.”

Blas pointed out that German day-ahead electricity prices are at 431 euros per megawatt-hour, a record high.  more

11 Comments on Europe’s Energy Prices Hit New Record Highs As Cold Snap Arrives

  1. Europe better hope Putin doesnt decide to exact a little revenge for the suffering of the Russian people in the Nineties caused by Western policies

    BTW, how do you say Fuck Joe Biden in German?

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  2. It’s all in the plan, invasion of illegal immigrants, pandemic lockdowns, forced vaccines, unemployment, deaths by covid, deaths/hospitalization by Pfizer, Moderna and Johnson&Johnson, inflation, prices escalating and saving depleted.

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  3. BNN is reporting the Russia has diverted & reversed from Germany to Poland this morning in the News.

    Already getting screwed as Merkle is taking her victory lap while leaving office.

  4. Oh, those poor babies in Europe! I live in Saskatchewan, AKA Canada’s Siberia. We go from the high 30’s Celsius in Summer, to the low 30’s Celsius (wind chills of -40C) at this time of the year. It starts to “warm up” about the end of February, but we can always expect a snow storm in March.

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