Europe pays more for energy than almost all its major economic competitors. (except for the UK)

https://i.redd.it/rz1r7qmz7p5e1.png

by Potential-Focus3211

34 comments

  1. For fuck sake why are we so high? Please don’t say Brexit.

  2. Europe is the only one willing to try fight the global warming and we will ruin our economy doing it. When we no more have any global power left, because of our economy is shit and no one cares about the weak, then there’s no one left to fight global warming. We are doomed to fail, no matter what.

  3. I hope you don’t think Russian took the Crimea because they wanted to liberate Russians. It has nothing to do with Nato too.

  6. Nuclear, I’m keep saying it, nuclear!
    If we had proper grid of nuclear plants, this would not have happened.
    So thank you, Deutschland. This one is thanks to you and your absolutely retarded anti-nuclear ideology. Brainwashing by weapons-grade stupidity.

  7. It’s almost like there was this massive war, that resulted in a massive shock to the European energy markets. Note that it is going down though, and will continue going down as new alternatives to gas come online.

  8. This is a mix of the onflict with Russia, and the European pricing scheme in which the most expensive source sets the price (no matter how little of that source is used). Gas is the most expensive (so it sets the price), and gas went up.

  9. When you limit local production and impose additional ecological standards, you become dependent on imports. And when that primary import is nearly cut off, you’re forced to turn to alternative imports, which are logically more expensive than the original ones you chose for their low cost.

    There’s nothing strange about this, as our current alternative is LNG, which is significantly more expensive than natural gas delivered via pipelines.

  10. Because we chose a price model where the most expensive production in the mix sets the price.

    So we are always paying the max price – in order to ‘encourage the development of efficient production’ – cause profit margins will be reinvested and no-one will abuse a system like that – like say .. trading energy back and forwards to bring the price up.

  11. No shit, we buy American gaz instead of the russian one.

  12. Wait. In every thread there are people which will explain to you that green energy is cheaper than nuclear.

  13. The UK charges for electricity based on the most expensive generation method available (so that they aren’t “subsidising” the expensive, but necessary, base loads out of the market).

    It’s a dumb idea… our electricity costs the same on average to produce as anywhere else. We’re just dumb and tell people they have to pay for the most expensive production method even if it’s never used for most of the electricity produced.

    P.S. there’s a reason I’m building out my own solar, and intend to be utility-independent by retirement.

  14. Could you share the sauce please? u/Potential-Focus3211

  16. This is what happens when youre a US puppet as a colective. “Sanction the Russians and buy ours its only 4 times more expensive”, meanwhile Russians just traded the EU for China and India who then sell it back to EU at extortionate prices, FREEDOOOOM “shoots a AR-15 in the air as Eagle sounds are heard”

  17. Why can’t the UK get serious and starting pumping the fuck out of their Scottish gas and oil reserves.

  19. This is almost certainly the primary reason the US economy has doubled relative to the EUs since 2004.

  21. Energy prices should be high to be honest (at least if it is high carbon generation), it encourages you not to use it inefficiently and not waste loads of it mining shitcoins and training AI.

  23. Differences within the EU are quite large. For Portugal for example non-household medium size customer prices haven’t increased much. In Austria the have doubled.

    And for the Putinfans, Hungary is even worse off than Austria. So capitulating towards Russia doesn’t give you cheap electricity. I know, the FPÖ is also spreading that fairy tale, like it does with all fairy tales from Sputnik.

  24. In Finland electricity is cheap, and not coal, oil or gas.

  26. How stupid we are? EU energy prices level. It’s unbelievable that we are doing that to ourselves.

  27. Nothing to.do with sanctions on Russia stopoi g the cheap gas coming through.

  30. Europe also have the strictest environmental laws in the world, every thing has its price

  32. Can you stop saying Europe like Norway, Switzerland, Russia(for better and worse), Belarus, Iceland, the UK, Ukraine and most of the Balkans doesn’t exist?

    It’s so fucking annoying. I’m not here to shit on the union or anything but lets not conflate a political union with the entire continent.

  33. Keep in mind that this ends in 2023. It looks better nowadays.

  34. The States pay less than China ? Is that because of our refineries ?

Comments are closed.