Europe is in deep ca ca Fire up those coal plants before people freeze!!
My offered 2 year renewal electric contract, rates going from 14.6p/kWh to 45.6p/kWh +VAT. 312% increase!
Europe has serious electrical cost problems coming: industrial/recessionary slowdown, &/or inflationary pressure to goods/services. Many people struggling to pay already. pic.twitter.com/GnwqsME7nH
So far, the nations of Europe haven't gotten a competitive advantage from renewables. The people of Denmark pay the highest electric rates in the world; higher even than in developing countries. And Germany has continued to prostitute itself for Russian oil and gas. 1/Fracking is the main reason that the United States, unlike Germany, can defy Vladimir Putin and make it stick. He can't threaten us with an embargo of oil and gas.
So far, the nations of Europe haven't gotten a competitive advantage from renewables. The people of Denmark pay the highest electric rates in the world; higher even than in developing countries. And Germany has continued to prostitute itself for Russian oil and gas. 1/