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Energy Prices in Europe Hit Records After Wind Stops Blowing

wsj.com

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Re: Energy Prices in Europe Hit Records After Wind Stops Blowing

#4
It's weird that we have higher late-summer electricity prices that we did mid-winter this year. But all things considered, energy prices do in fact need to be high in order to support faster deployment of renewables and CO2-neutral energy.

Sucks for everyone who has marginal incomes, but I'm sure we can make some adjustments to the safety net policies to mitigate that.

Re: Energy Prices in Europe Hit Records After Wind Stops Blowing

#7
post #2

“Options include reserve thermal power plants, battery storage or cables for importing electricity from other markets.” Or nuclear. Sad that this isn’t seen as an option any longer.

> Or nuclear. Sad that this isn’t seen as an option any longer

Is anti-nuclear sentiment consistent across Europe?

Re: Energy Prices in Europe Hit Records After Wind Stops Blowing

#8
post #2

“Options include reserve thermal power plants, battery storage or cables for importing electricity from other markets.” Or nuclear. Sad that this isn’t seen as an option any longer.

> Or nuclear. Sad that this isn’t seen as an option any longer Is anti-nuclear sentiment consistent across Europe?

Nothing, especially sentiments, are consistent across the entirety of Europe.

Re: Energy Prices in Europe Hit Records After Wind Stops Blowing

#9
post #4

It's weird that we have higher late-summer electricity prices that we did mid-winter this year. But all things considered, energy prices do in fact need to be high in order to support faster deployment of renewables and CO2-neutral energy. Sucks for everyone who has marginal incomes, but I'm sure we can make some adjustments to the safety net policies to mitigate that.

> But all things considered, energy prices do in fact need to be high in order to support faster deployment of renewables and CO2-neutral energy.

>Sucks for everyone who has marginal incomes, but I'm sure we can make some adjustments to the safety net policies to mitigate that.

When people complain about policies that screw the middle class this is exactly the kind of stuff they are talking about. The poors scrape by with their vouchers. The middle class flounders until they're poor enough to qualify for the vouchers. Energy, education, healthcare, housing, etc. etc. etc. regardless of the sector the effect is the same.

People have a habit of voting against people who screw them once they figure it out.

Burning fossil fuels might be unsustainable on a 50yr timeline but squeezing people financially is unsustainable on a 5yr timeline that gets us the worst of both.

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