The ENERGY crisis, which was naively thought to be behind us, is returning in full swing.
According to Epex (European electricity exchanges), electricity prices in several European countries have started to break old ones again and set new records.
As Javier Blas, the chief correspondent for energy at Blubmerg News, announced on his Twitter account, the price for one megawatt hour of electricity in Germany has risen to 241 euros, which is the third highest price ever.
– In addition to Germany, other countries will face extremely high electricity prices tomorrow, including France, Switzerland and Belgium. Prices in Eastern Europe and the Balkans are also at painfully high levels, which puts governments in the region in an unenviable position, Blas wrote on Twitter.
Tomorrow’s electricity prices
According to Epex, current prices for tomorrow’s electricity are as follows: The Netherlands $ 219.93 per megawatt hour; Germany € 241.87 per megawatt hour; Belgium € 267.23 per megawatt hour; Austria 266.39 euros per megawatt hour; France 270.21 euros; Switzerland € 273.79;
Why are electricity prices rising again?
Several world media and corporations have warned that with the first drop in temperature in Europe, the energy crisis will only deepen. Essentially, as there is a greater need for heating, a larger amount of energy is used for these purposes, according to a statement from S&P Global.
This leads to a situation in order to respond to the combined demand for both heating and electricity production, rising prices. The case of gas, both Russian, whose promised additional deliveries can be literally ignored, and Norwegian, which is not enough due to major repairs on gas pipelines, Bloomberg writes.
Ten days ago, the largest electricity supplier in Great Britain warned 9 million of its users to prepare for a colder period that could last up to 6 weeks.
In addition, colder weather and snow have hit China, and the second largest consumer of energy in the world is also increasing its energy appetites.
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