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The energy prices are not completely tied to this investment. Most of it came from EU funding. Most of the price is taxes of various kinds and monopolistic beh
by JetSpiegel 9y ago
The energy prices are not completely tied to this investment. Most of it came from EU funding.
Most of the price is taxes of various kinds and monopolistic behaviour by EDP. After the privatization, but increasingly so after being sold to the Chinese state.
The market is only nominally free, and since REN who owns the network is ALSO owned by the Chinese state (who the hell thought that was a good idea? Oh, he is the Chairman of EDP now), that won't change.
- sergiosgc 9y ago> The energy prices are not completely tied to this investment. Most of it came from EU funding. Minor nitpick: Most of it predates the EU. It came from national effort first, and the Marshall Plan next, from the 1930s to the late 60s. That's when most dams were built.