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Electricity Prices by Country

electricrate.com

261–270 of 312 posts

Re: Electricity Prices by Country

#261
post #86
post #51

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…

No, the main reason is Germany shutting down nuclear power plants and replacing them with fossil fuels. I know that lots of people will argue that wind and solar will lower electricity prices, but since these don’t provide reliable baseload, Germany needs to have lots of fossile power plants in standby. These doubled structures make the whole system inefficient and expensive.

All your claims are baseless and untrue. Nuclear was replaced with renewables while also reducing fossil fuel use [1]. Prices are so high because of taxes and a lack of subsidies. Market prices are lower than in France [2]. Apart from gas prices, having to save France from its nuclear energy crunch was another factor for the rise in prices.

[1]: https://reddit.com/r/uninsurable/comments/12agamh/german_ele... [2]: https://reddit.com/r/uninsurable/comments/12dtygj/comparison... [3]: https://reddit.com/r/uninsurable/comments/12afq01/germany_ke...

Re: Electricity Prices by Country

#262

All this electricity consumption is going to become very very cheap in the near future: https://www.youtube.com/watch?v=05ltgeNx7es

I don’t know anything about hydrinos, so I’m not qualified to evaluate your link myself. However, the Wikipedia page [1] has nothing good to say about that company. That video makes all my scam alarms go off. [1] https://en.m.wikipedia.org/wiki/Brilliant_Light_Power

That wikipedia page is rigidly policed by skeptics that pointedly ignore any and all progress especially over the last 10 years. You have to review their progress with an independent mind and evaluate what they have achieved on its merits.

Re: Electricity Prices by Country

#264
post #51

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…

What you are describing is mostly about market prices. Market prices rose also in the rest of Europe. The biggest factor really are the taxes. The market price for electricity is lower in Germany than in France, still consumer prices are much higher in Germany.

Re: Electricity Prices by Country

#265

Earlier quoted context omitted.

Rents increase to suck all money out of the system. The more you are productive and the more you earn the more the rentiers will charge. Unless supply is higher than all possible demand that will always be the way, but people won’t actually tackle this because some old dear in a 5 bed house they inherited 50 years ago might have to pay their way

This is why standard of living didn't increase once women entered the workforce en mass.

Are you saying we have the same standard you living as 80 years ago?

Re: Electricity Prices by Country

#266

Earlier quoted context omitted.

> we up in northern Norway paid around $0.0005 / kWh last summer Is that figure accurate? It’s so crazy low that it would lead me to expect the area to be saturated with aluminum smelting and other high electric consuming operations.

Fun fact: We've had negative prices, a couple of times. In which case you actually get money for the electricity you use. But those are very rare moments, and only last a couple of hours her and there. Not unique to Norway, but basically what happens is that there's huge amounts of downpour, coupled with little demand / usage - typically something you see in periods where people are away, and if the weather condition…

I pay $0.20/kWh. At your rates, my electric bill would be less than the stamp it cost to mail me the bill.

I assume that everything is electric powered in homes in your area?

Re: Electricity Prices by Country

#267

Earlier quoted context omitted.

Hardly any airconditioned houses in the UK and heating is mostly by gas. I expect that accounts for quite a lot of it.

It will be a combination of the British climate, and the inefficiency of American buildings (large, poor insulation), equipment (little incentive to reduce energy use with better appliances, timers to turn off heating/cooling when no one is home etc) and lifestyle (clothes must be dried in a machine, not on a line, t-shirt-warmth indoors even in winter).

> the inefficiency of American buildings (large, poor insulation)

American dwellings being less well-insulated than British ones in aggregate absolutely does not pass the sniff test: British houses are older, and weather in the UK is much milder than in most of the US

Re: Electricity Prices by Country

#269

The prices in that table are different from the one in the source they cite: https://www.globalpetrolprices.com/electricity_prices/ As expected, with the correct numbers, countries without gas, oil or nuclear have comparable electricity cost(they buy it from the french, etc...).

Did you downloaded the April ‘23 table ? The page shows the prices for September ‘22. Updated data is available per payment.

Re: Electricity Prices by Country

#270
post #84

One little thing that stuck out: The USA leads the way in terms of household electric usage in the world – an average US household consumes approximately 975 kilowatt-hours of electricity each month, three times more than for example the United Kingdom. Which got me wondering how big US domiciles are versus those in the UK. Turns out: lot of big-ass houses here in the US. https://shrinkthatfootprint.com/how-big-is-a-…

> 2164 sq. ft vs. 818 sq. ft

> Which sure would explain that difference.

The amount of stoves, fridges and washing machines do not scale with area though.

You would expect larger houses having lower power use per square excluding electric heating and AC.

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