Wave of frost in central Europe, energy skyrocketing
The first cold wave in Europe of the heating season has arrived, pushing energy prices to the highest level and in Central Western Europe setting the stage for a social crisis.
Yesterday's electricity prices in Germany jumped to the second highest level ever, € 273.89 per megawatt hour. Yesterday's electricity prices are also higher in France and the Netherlands.
These are spot prices, the marginal ones, usually very affordable, but not when the demand is high. The Deutscher Wetterdienst (DWD), the German weather service, released a weather note on Tuesday warning of freezing and snowy weather. "Just in time for the first Advent weekend and just before the onset of the meteorological winter on December 1, there is the first significant snow in Germany, at least at mid and high altitudes," DWD said.
Eine #Wetterumstellung zum Ende der Woche sorgt für einen #winterlichen ersten #Advent . Welche Regionen betroffen sein werden, können Sie hier nachlasen: https://t.co/V45WKAnTmp . / V pic.twitter.com/4mHt9JsRKA
– DWD (@DWD_presse) November 23, 2021
The weather models for Germany show between November 24 and December 4. The average temperature will be well below freezing or a little more celsius which usually warms up, so to speak, the region. Here we will go below five below zero
The cold blast raised the forecast of the degree of warming well above the 30-year norm through December 4. This means that the demand for energy will increase as people turn on their thermostats.
The cold spell will test Germany and other parts of the energy systems. The funny thing is that, despite this, the German energy regulator has decided to postpone the homologation of the Nord Strem 2 gas pipeline, reducing the possibility of refueling and annoying the main, indeed almost the only supplier of the gas. 'Central Europe, that is, Russia
We see that Germans, Dutch, etc. like to be in the cold.
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The article Frost wave in central Europe, skyrocketing energy comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/ondata-di-gelo-nelleuropa-centrale-energia-alle-stelle/ on Thu, 25 Nov 2021 21:17:33 +0000.