Energiekrise: Energie-Versorger gehen pleite und kundigen Vertrage | agrarheute.com
English translation ""Unfortunately, we are currently unable to offer you any natural gas products," said the energy giant E.ON's website last week. The reason for this is the massive increase in wholesale prices , which have quadrupled within a very short time, says Otima Energie, for example. These high additional costs can only be passed on to customers to a limited extent by contract. So the companies are making massive losses. In other European countries - such as the United Kingdom - a number of energy providers have already filed for bankruptcy. In other countries - such as France, Spain, Poland or Italy - the state tries to protect consumers and companies from the worst consequences of the crisis through subsidies or price caps ....
Politicians are now discussing possible measures to curb gas prices for consumers. The EU Commission proposed a whole series of measures that are already being implemented in France, Spain, Italy and Poland. However, the Commission considers the current rise in energy prices to be temporary, as it is mainly driven by the high demand for the corona pandemic. The Commission experts believe that the situation will stabilize in spring at the latest."
The only solution is clear. No possibility of replacing all that power with out Nuclear being a part of it. Germany will turn back to nuclear FAST and the game is on for the U price.
POMS GAS woes are now "Goto Energy's collapse takes the number of customers affected by the current wave of UK energy company failures to more than two million."
Its sink and drown with fixed prices for the suppliers meaning they are dead as "Britain's energy minister Kwasi Kwarteng said this month that more companies could collapse but ruled out providing support for struggling energy firms"
Royal Dutch Shell pick up the scraps of the dead business in the UK in the link above. I wonder how much they extracted from the UK Government to keep gas flowing?
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