That massive spike of 50c/kWh at the left looks tiny compared to today even though that’s already insanely expensive

  • Critical_Insight@feddit.ukOP
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    11 months ago

    We’ve had negative 20 temperatures for over a week which happens about once every 10 years so the demand is extremely high and on top of that few of our powerplants are out of service for maintenance so that electricity has to be bought from abroad too.

    Few cold days in a row is not an issue as buildings still have heat stored up in the structures but when it lasts for a long time the demand for more heating goes up drastically.

      • odium@programming.dev
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        11 months ago

        That happened because winterproofing windmills and power plants is expensive and no one was forcing the companies running them to do it.

          • GreyEyedGhost@lemmy.ca
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            11 months ago

            Not quite the same. Their demand has outstripped their capacity, the same as happened in Texas. But since they could import from other regions, the supply was still there. So people won’t be dying from widespread power outages, and some people who chose more risky fee structures will be paying exorbitant prices.

            • redfellow@sopuli.xyz
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              11 months ago

              We’re actually importing as much as the lines from Sweden to Finland are currently able to support.

              Guess what country is on our east side? Yeah.