It seems that the European energy sector is chronically unlucky this year. The conflict in Ukraine, sanctions, problems at French nuclear power plants – it would seem, where next? But no, the troubles of the Europeans continue. First, due to sanctions problems with Siemens equipment, gas pumping through Nord Stream was reduced by 40%. Already […]
Tag: energy crisis
Gas and electricity prices are out of control
Gas prices have risen more than 800% since the beginning of the year, with the unprecedented rise being attributed to the surge in energy demand following the pandemic in Southeast Asia. Gas prices in Europe hit all-time highs again, surpassing € 179 / MWh, based on Dutch reference prices (Dutch TTF gas futures). This is […]
Will the energy crisis hit the global economy?
While Greta Thunberg sings and dances merrily at some fest there, the Swedish authorities commit a terrible crime, which practically cancels out Greta’s irreconcilable struggle with climate change. Greta’s childhood is being stolen again, right now. And it is not Vladimir Putin who does this, but the good-looking democratic leaders of the “civilized” countries. Including […]