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That's just wrong. The components of electricity generation - the fuel - has exploded in price. You may not be aware, but there's a war going on that is sort o
by vorpalhex 4y ago
That's just wrong. The components of electricity generation - the fuel - has exploded in price.
You may not be aware, but there's a war going on that is sort of impacting things on top of existing inflation.
I realize picking a scape goat feels easy but it's poor form and leads to not fixing the actual problem.
- seydor 4y agoIf that were true countries that don't depend on russia would not be affected. Greece uses little natgas, and only only 4% of it is russian, yet it sees some of the most steep rises.
- origin_path 4y agoLots of countries import gas using LNG terminals. Those gas ships can go to any country that has import terminals and they set sail for the highest bidder. So gas is like oil, there's only a few global prices.
- DIARRHEA_xd 4y agoSimilar price trends are to be expected across all nodes in highly interconnected grids.
- ZeroGravitas 4y agoIt's not the Russian gas that is expensive, it's the intentional lack of supply of Russian gas that makes the market price for all gas go up (plus some other general market tightness due to COVID).