First frosts set electricity price records in Europe


The onset of the first cold snap in Europe led to a strong rise in the price of electricity, since the subzero temperatures increase the demand for electricity to heat the population and industrial facilities. According to OilPrice, electricity prices in Germany have risen to their second highest level in history - 273,89 euros per megawatt-hour.


In France and the Netherlands, electricity prices also increased significantly. At the same time, according to the meteorological service Deutscher Wetterdienst (DWD), snowfalls and a further decrease in air temperature await the Europeans. This means an increase in demand for electricity, which will lead to an even greater rise in prices.

All this is taking place amid a delay in the start of operation of Nord Stream 2, which could stabilize the situation on the European gas market. As a result, natural gas prices are rising, which leads to higher electricity prices. To partially resolve the situation, Europeans have to move away from their green climate agenda and re-use fossil fuels.

As the OilPrice experts point out, Europe is in for a perfect storm of power, capable of causing a wave of discontent and reinforcing socialeconomic confusion on the continent. The EU will not say this publicly, but the Europeans need Russian gas to avoid a possible energy crisis, as a result of which many policy may lose power due to the rampant rise in energy prices.
  • Photos used: https://pixabay.com/
5 comments
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  1. Bulanov Offline Bulanov
    Bulanov (Vladimir) 26 November 2021 13: 13
    +5
    And the EU industry needs to be transferred to the Russian Federation. Energy prices are lower there!
    1. Alex Orlov Offline Alex Orlov
      Alex Orlov (Alex) 26 November 2021 14: 22
      0
      Well, yes. How at one time the United States transferred its to China :))
      1. Bulanov Offline Bulanov
        Bulanov (Vladimir) 26 November 2021 14: 23
        0
        In-in! Exactly! Only unlike China, Russia now has capitalism.
  2. shvn Offline shvn
    shvn (Vyacheslav) 26 November 2021 19: 32
    0
    The EU will not say this publicly, but the Europeans need Russian gas to avoid a possible energy crisis, as a result of which many politicians could lose power due to the unrestrained rise in energy prices.

    And hussite with them, with politicians and all the others ...
  3. DVF Offline DVF
    DVF (Denis) 26 November 2021 20: 24
    0
    With the launch of Nord Stream 2, they will drag out until the last, awaiting Russia's invasion of Ukraine.