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by frafra
1017 days ago
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The cost of energy does not only depend on the cost of production: Denmark has a lot of cheap wind energy, but it costs almost three times more than in France. And the higher share of intermittent sources you have, the less valuable the production of energy can be, because it is sometimes produced when not needed, so you need to build up infrastructure, accumulators, etc. Nuclear is insurable, and in some countries is mandatory: https://www.world-nuclear.org/information-library/safety-and... |
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You can tax energy use to encourage conservation or you can subsidize it via general taxes.
https://energy.ec.europa.eu/data-and-analysis/energy-prices-...
The wholesale electricity prices in Denmark and France are both directly in line with the EU average. Switch to consumer prices and Denmark becomes the maximum, and France drops below the average.
You can see a similar pattern with gas (both natural gas and gasoline) prices, they're roughly the same wholesale but Denmark's consumer prices are higher.