Gregory's ServerAlmost the entire European continent is now operating at electricity prices above EUR 600/MWh. This is roughly equivalent to $1000 per barrel of oil.
The last decade average cost of electricity was in the EUR 20-30/MWh range.
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Almost the entire European continent is now operating at electricity prices above EUR 600/MWh. This is roughly equivalent to $1000 per barrel of oil. The last decade average cost of electricity was in the EUR 20-30/MWh range. 1 comment
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more details https://www.bloomberg.com/news/articles/2022-08-23/european-power-prices-surge-to-records-yet-again-on-wind-dearth