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0 pointsandix3y ago0 comments

Power is especially expensive in Europe right now. The war in Ukraine caused price increases between 300% and 1000%

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qwytw3y ago· 1 in thread

Is that still the case? The prices seem to have peaked around August and are now back to their pre war levels. Before that prices have already been steadily rising since September, 2021 though.

e.g. average price in August was over 400% higher than this March

https://www.nordpoolgroup.com/en/Market-data1/Dayahead/Area-...

andixOP3y ago

I think wholesale prices for electricity in Germany are still around 3x compared to before the pandemic, and around 4-5x compared to 2020.

The big peak (up to 10x) is over, but the energy prices already increased a lot in autumn of 2021, when Russia first reduced the gas deliveries.

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