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To be fair electricity prices vary throughout time. Basing a long term decision on a short term price is foolish. Worse case scenario is the government has to
by themitigating 4y ago
To be fair electricity prices vary throughout time. Basing a long term decision on a short term price is foolish.
Worse case scenario is the government has to subsidize the power station, best case is it helps prevent serious economic issues by providing power.
- treeman79 4y agoWorth a lot to not be dependent on Russia for energy.
- ncmncm 4y agoNobody depends on Russia for renewable energy.
- adrianN 4y agoUntil recently I occasionally heard plans about building wind farms in Siberia and exporting Hydrogen to Europe. Luckily that's off the table now.
- jskrablin 4y agoBackup generation for renewables is usually gas powered. And you need the backup because renewable energy is not exactly a stable source of energy.
- ben_w 4y agoCurrently yes, but hydrogen is so easy to make from electricity that it predates sensible electrical generation methods by 43 years. We didn't bother making hydrogen in large quantities because there was no point when we already had a convenient supply of a flammable gas, not because it's even remotely difficult.
- Gwypaas 4y agoSweden is not dependent on Russian energy and is the largest electricity exporter in Europe. https://www.reuters.com/business/energy/sweden-tops-france-europes-largest-net-power-exporter-2022-08-10/ https://www.reuters.com/business/energy/sweden-tops-france-e...
- NullPrefix 4y agoSweden is not, but it's neighbours are in one form or another. Electricity is best replacement for coal and natural gas.
- thrown_22 4y agoIt's foolish to wear a seat belt based on short term speed fluctuations.
- themitigating 4y agoI can't tell what's happening. You made a sarcastic remark replying to me but it's agreeing with my point
- thrown_22 4y agoSo you think you wear a seatbelt to protect yourself from smooth driving?
- zhte415 4y agoAll prices are short term in the short term.
- stkdump 4y agoThe increase of energy prices in Europe doesn't seem to be short term anymore. It reflects a new geopolitical reality, that has almost zero hope of changing soon again. Sure, energy prices will decrease over time, but it will be a very slow process, until we get even in a similar region as a few years back. Governments will have to subsidize not just energy creation, but many more activities, unless we are ready to loose a lot of the wealth and equality we have left in the population.