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Old 07-07-22, 02:47 AM   #1578
Catfish
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While energy minister Habeck tries to bail out crumbling gas companies (Uniper now has a loss of 900 million Euros per month), the bills for energy in form of gas will probably be 900 percent higher towards the end of the year.

While electric energy, its prices and scarcity can of course be blamed on the green ideas of banishing nuclear and coal altogether, even the greens are now doing what is needed for immediate survival and reactivating this 'obsolete' technology.
Bad idea to switch to a new technology, that does not yet exist in numbers necessary to make up for the losses..

Other energy sources like the russian gas deliveries breaking away cannot be absorbed as "easily" though. Norway and Finland can help and do this, also the US via LPG, but probably not to the amount needed to keep prices halfways stable. Interesting times ahead ..
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