Energy prices in Europe going nuts

[hollohas]

I wonder if the public in Europe will continue to believe it is all Putin?s fault or if many will realize it?s been all the disastrous green energy policies their governments have pushed.

[def90]

I saw one little coffee cafe that had a bill of around $10k for energy for just 73 days of service. Many pubs are closing their doors. I’ve seen estimates that 80% of the pubs and restaurants could close. The pubs in London aren’t always the greatest for food but once you get out into the smaller communities I’ve had some great meals. I wonder if the public in Europe will continue to believe it is all Putin’s fault or if many will realize it’s been all the disastrous green energy policies their governments have pushed.

I looked in to that post and shop. The back story is this. In Ireland where the shop is located you can buy your power from a number of companies similar to buying cellular service here, it's not like here where you have Xcel and that's it, over there you are basically getting your power from a 3rd party broker. The shop owner was buying their electricity from a company that was based out of I think Turkey. The electrical supplier left the Ireland market a couple months ago and customers were supposed to switch to a supplier of their choice, if the customer didn't switch themselves they were automatically passed on to another company by default which happened to be a company with astronomical rates and is supposedly using the situation to makes a few extra $$. This was the reason for the 73 day service period as the accounts switched from one company to another. The electrical rate that this shop keeper was charged is not the norm for the area.

[BushMasterBoy]

Sounds like ERCOT in Texas. Folks get a $9000 power bill for the month. Or you get no power at all because the grid fails due to weather extremes. For all I know this is all lies. All this crazy pricing and shortages is making me wonder if I should buy a big ass backup generator that runs on propane. The generators next to the White House are as big as my house.

https://www.austinmonitor.com/storie...ever-be-known/

[battlemidget]

Europe is in for a tough winter.

[BushMasterBoy]

Chairman of Lukoil in Russia just fell out of a hospital window and died.

[kidicarus13]

Chairman of Lukoil in Russia just fell out of a hospital window and died.

"Fell out" when he was suicided.

[BushMasterBoy]

Putin visited him that day at the hospital. What a coincidence!

https://en.wikipedia.org/wiki/Ravil_Maganov


And Lukoil stock climbed over 10%!

https://www.reuters.com/markets/companies/LKOH.MM/

[XJ]

Remember Obama saying that electricity prices would necessarily skyrocket?


Oh and by the way, the state that just banned gasoline vehicles from being sold in a few years is right now short of power https://flexalert.org/news/120-inten...servation-call

[battlemidget]

Wouldn't it be a good movie if the internet figured out that humans can produce electricity and as long as they're in a virtual world, their bodies can be used to generate electricity as long as they 'stay connected'? Do you think that would be a good scifi flick?

[BushMasterBoy]

I have paid the local power company $20K over the last 16 years. That would definitely have been enough to go off grid completely. 1400 sq ft on 1 acre. Plenty of good solar weather. My energy costs are already super low. I made a huge mistake not buying a waterfront home with a boat dock in Florida. And Europe has screwed itself in energy security.