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Basic fact you don’t seem to grasp is that electricity price in Europe are directly dependent on gas price as the price is governed by the price of the last cap

Basic fact you don’t seem to grasp is that electricity price in Europe are directly dependent on gas price as the price is governed by the price of the last capacity called which in Europe are gas driven… Chemical plants but not only as the articles mentioned but glass ceramic etc are using large amount of electricity. The current decrease in electricity usage(that’s not only happening in Germany but throughout all Western Europe) is caused by industrial process moving out of Europe.

locallost 3y ago
You seem to be hopping from one vaguely connected argument to another. I am aware that gas price sets the electricity price when deployed, but it has nothing to do with BASF, they were hit hard by specifically gas prices because they use gas. I already posted the link(s). And furthermore, that BASF went to China in 2023 did not affect electricity use in 2020, nor is BASF responsible for 50TWh of electricity per year. There is no grand scale industry movement out of Germany.