undefined | Better HN

0 pointsViewTrick10021mo ago0 comments

Electricity is expensive in Central Europe because the ETS system (carbon trading) has made fossil based production expensive.

We’re right in the middle of the transition with maximum volatility swinging between extremely cheap renewables and expensive fossil plants.

0 comments

1 comments · 1 top-level

MakersF1mo ago

I checked and it looks like ETS are increasing prices of gas produced electricity 20-30€/MWh. So not little (although peaks are around 140€/MWh). But these are taxes that can be used to reduce the reliance on gas (actually, it's mandatory to use them for transition projects).

j / k navigate · click thread line to collapse