Energy Crisis in Europe - thread

TreeFrogTrader said:
Just creating a landing spot for various articles/discussions about the grim situation in Europe.

The news is very ugly so I am going to try to lean over backwards to post any rare good news that might crop up anywhere. Otherwise it will so grim that my private parts will fall off and we do not want that. At least I do not.

It would be the understatement of the year to say MORE TO COME.

EU to Call Emergency Energy Talks as Prices Set More Records
  • Ministers to debate EU-wide measures to address power costs
  • Czech leader seeks pan-European agreement on price limit
https://www.bloomberg.com/news/arti...raordinary-eu-meeting-to-debate-energy-crisis
More...

Lets see... Fuck Europe.. Fuck Ukraine and Fuck Russia. Does that about cover it?

Oh wait... I forgot China. Lets what happens when they sink a U.S. carrier because its forgone in the most basic way. The orders have already been issued...
 
misterkel said:
Some of the more conspiratorially minded among us believe there is a war on small businesses.
Perhaps this would count as supporting evidence.
More...

Take a look at the Ukraine & Russia thread to get more details behind the large electric bill increases for businesses in unregulated energy markets in Europe (e.g. U.K & Ireland) where the customers get to select their own electric providers and typically use spot billing.

This is not a war on small business -- In fact you could make a cases that these businesses made poor choices in choosing providers that gave them "lower" spot market billing rather than entering contracts with fixed long term rates for their electricity. Now they are suffering the results.
 
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