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France seems to be in a sweet spot: low electricity price and low CO2 emissions, thanks to nuclear power?
If you are asking yourself why prices in Germany are so high: It's mostly the price surge of natural gas after Russia cut off deliveries in retaliation to sanctions in the wake of the war against Ukraine. About 50% of the price per kw/h in Germany is set by an auction system. Electricity providers are bidding at any given point in time to provide energy for the grid. The lowest price per kw/h wins. BUT: because no on…
To think there were nuclear reactors already built and running perfectly fine in Germany. That were closed down presumably for ecological reasons. Burning coal and natural gas instead.
It's interesting how Poland's electricity mix has been 80% coal for decades and this passes without comment, but what really enrages some people is a few nuclear power plants in Germany being mostly swapped out with solar and wind energy.
Doesnt seem like environmentalism is really the core issue driving this.
If you are asking yourself why prices in Germany are so high: It's mostly the price surge of natural gas after Russia cut off deliveries in retaliation to sanctions in the wake of the war against Ukraine. About 50% of the price per kw/h in Germany is set by an auction system. Electricity providers are bidding at any given point in time to provide energy for the grid. The lowest price per kw/h wins. BUT: because no on…
Earlier quoted context omitted.
To think there were nuclear reactors already built and running perfectly fine in Germany. That were closed down presumably for ecological reasons. Burning coal and natural gas instead.
Not just any coal, but lignite, the nastiest, dirtiest kind of coal. Definitely greener than nuclear. /s
Prices of anything "by country" should be normalized by local average income. Ideally, for a fairer comparison, a good metric is "how many hours of work of a median citizen for each unity" of such a good. EDIT: article does something similar to that: https://www.electricrate.com/wp-content/uploads/2020/12/coun...
If you are asking yourself why prices in Germany are so high: It's mostly the price surge of natural gas after Russia cut off deliveries in retaliation to sanctions in the wake of the war against Ukraine. About 50% of the price per kw/h in Germany is set by an auction system. Electricity providers are bidding at any given point in time to provide energy for the grid. The lowest price per kw/h wins. BUT: because no on…
But actually it's a good thing.
The providers who (through investment and/or technological superiority) are able to provide cheaper electricity, make more money.
Capitalist progress engine at its finest!
France seems to be in a sweet spot: low electricity price and low CO2 emissions, thanks to nuclear power?
France seems to be in a sweet spot: low electricity price and low CO2 emissions, thanks to nuclear power?
Here are spot marked prices: https://tradingeconomics.com/france/electricity-price https://tradingeconomics.com/germany/electricity-price
France seems to be in a sweet spot: low electricity price and low CO2 emissions, thanks to nuclear power?
There's a important lesson about using nuclear power as an energy source in there. Contrast that with Germany which is shuttering their nuclear power plants in favor of renewables.
The important lesson here should be that retail prices != prices.
Earlier quoted context omitted.
Toronto Hydro† also has time-of-use rates: * https://www.torontohydro.com/for-home/rates † Mostly due to historical reason of early generator stations being hydro-electric (water falls), electricity is called "hydro" in many parts of Canada.
In Ontario the published rates also omit the 'delivery' fees and additional charges added on top (per kWh) which are unavoidable. The real rate actually paid is typically double the supposed rate. Factoring in the actual price people really pay, the rate is more like that of Barbados, Greece etc, right towards to most expensive end of the table. Despite the essentially unlimited hydro generation possible thanks to th…
While we are definitely overpaying for wind and solar capacity, there isn’t enough of it to really justify the prices we pay (and arguably, solar performs best when demand is highest, so its cost-benefit isn’t as bad as many believe)
