Quote:
Originally Posted by 1andrew1
The rates you should be comparing are the increases in the UK and the increases in Germany. That helps in deciding if 90 days' gas storage is helpful in keeping price rises lower or not.
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Wood can be free but getting the chimney swept is pricey since that pesky law about not using kids was implemented by our woke MPs.  |
But they don't have 90 days worth stored, and what if they did?
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While prices are rising fast in Germany, the government has so far no intention to intervene in the market, author Jakob Schlandt writes. Gas storage operator association Ines said that while storage levels are currently unusually low for this time of the year after a cold start to 2021, filling levels could attain 90 percent again before the end of the year from a technical point of view.
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Fast-rising gas prices are a matter of concern in many countries across Europe and beyond.
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Did you think I made up the reference to their 20% carbon tax hike?
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higher market prices would fuel the “gas price wave” but also the next stage in national carbon pricing, which is due to go up from 25 to 30 euros per tonne of CO2 in 2022.
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MOD EDIT - Please provide links to any quotes, as this helps protect CableForum under the "Fair Usage" Policy...
https://www.cleanenergywire.org/news...t-media-report