3Power Energy Group Inc (PSPW)

[Gatsby]

I don't use to post here as there isn't much to say about PSPW as we are all waiting for the Great Opening.. waiting.... maybe should I say Hoping...

Regarding Europe and the energy problematic... i think very reductive to gues a monthly energy bill for a European family...
Situaiton in each country is so different... Germany is in a quite different situation than Italy or France i.e. some are out of nuclear, others are less dependant of Russian gas and so on... Then.. each country is preparing its contigency plan for the winter... what we have to do in order to consume less.. and so on...

then note that a good chunck of the energy bills is composed of taxes and other fees...
There is many other aspects that will determine what will happen in the next 6 months...
hydraulic electricity production will depend of weather conditions. same for wind...
consumption will depend of temperature.
Medium term, this crisis is pushing european countries to diversify energy import and as well to be more efficient in terms of consumption...

the good point for us is that the need for hydraulic production looks more important now versus ecological, environmental matters...