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Energy efficiency has been a big factor, but an even bigger one is the energy-intensive heavy industry fleeing from the developed world to china and other place
by John_KZ 9y ago
Energy efficiency has been a big factor, but an even bigger one is the energy-intensive heavy industry fleeing from the developed world to china and other places where power is cheap and plenty. Countries like Germany that kept their industry at home face extraorbitant prices. I think they pay close to 30+cents/kWh.
- blattimwind 9y agoResidential power is more expensive (per kWh) than industrial power, which might also be subsidised depending on industry — likely the same for most western countries. Half of the residential price is a good approximation for Germany.