Saturday, December 14, 2024

They're coming to America!-----Germany Gets Dunkelf**ked Again, Norway To Dismantle Power Cables To Europe

Another wind drought has led to soaring electricity prices across Europe. Norway, which exports power to its European neighbors, has seen enough. - Robert Bryce
For the second time in a month, Germany’s electric grid has been hit by a wind drought, known in Germany as a Dunkelflaute. 
  • The lack of wind sent Europe’s electricity prices soaring to their highest levels since the end of 2022, when Europe was in the midst of an energy crisis due to concerns about supplies of Russian gas. 
  • That’s saying something since Europe — and Germany in particular — now appears to be amid a permanent energy crisis.
  • Yesterday, German consumers paid an average of $400 per megawatt-hour for electricity. During peak times, prices in Germany’s wholesale power market came close to $1,000 per MWh, the highest level in 18 years. 
Here’s how a reporter with Spain’s El Pais newspaper explained the situation:

No comments: