… and if what just happened at the Steag Bergkamen-A electric plant is any indication, they are about to get a whole lot higher.
According to Bloomberg, the global energy crisis has forced a German electricity producer to halt a power plant after it ran out of coal.
Steag GmbH – which operates six large-scale hard coal plants in Germany with an installed capacity of more than 4,000 MW – closed its Bergkamen-A plant in the western part of the country this week due to shortages of hard coal, it said by email...
- *GERMAN MONDAY BASELOAD POWER TRADES AT 179 EUR/MWH TRDEBD3, UP 88.4% FROM FRIDAY DELIVERY AS WIND AND SOLAR SUPPLY EXPECTED TO HALVE...Read all.
Comments:
It's right there in the US Constitution. If a politically favored corporation has a product to sell, it's perfectly acceptable to force people to use it, perhaps harming themselves in the process. Americans are merely commodities to be bought and sold, and most of us can't even hear the rattling of our chains as we hail our freedumbs."