Loading ...Almost the entire European continent is now operating at electricity prices above EUR 600/MWh
This is roughly equivalent to $1000 (!) per barrel of oil
The last decade average cost of electricity was in the EUR 20-30/MWh range
Not sure a few hikes are going to fix the EUR here pic.twitter.com/4MoYU0fK2a
— Alf (@MacroAlf) August 23, 2022
Winter is going to be ugly
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