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by vel0city 1568 days ago
Such sky high prices. Wholesale energy prices in my area (Texas) this morning was USD$0.075/kWh not including delivery, and that's a bit pricier than normal. 87 octane is running ~USD$3.89/gal, ~€0.94/L. Natural Gas costs me ~USD$1.36/CCF including delivery and taxes.
1 comments

The really obnoxious thing is that Sweden does not use gas nor much oil for electricity production. Hydropower and nuclear form the base load, wind and solar add when available, the peak load is mostly covered through oil but this was only needed in times of peak demand - read very cold winter nights. The "party for the environment" has forced the closure of half of the nuclear plants leading to an increased use of those peak plants but this is not the only thing which has driven up the prices here. They went up because prices outside of Sweden went up and Sweden is connected to the European power distribution network, making it possible for Swedish power to be sold to other countries. This in turn has led to sky-high prices here, an enormous boon for the government and extreme power bills for the rest.