• Privacy Policy
  • About Us
  • Contact Us
Climate Change Dispatch
  • Home
  • Videos
  • Who We Are
  • Facts Vs. Fearmongering
    • Real science vs Junk Science
      • 1100-plus Peer-Reviewed Studies
      • 97% – Myth of the Climate Change Consensus
      • Michael Crichton: Aliens Cause Global Warming
      • Climate change and its causes
      • Climate Science Primer
      • CO2 is not pollution
      • Deceptive Surface Temperature Records
      • Editorial: Great Global Warming Hoax
      • Rules for Climate Radicals: Part 1
      • Rules for Climate Radicals: Part 2
      • Rules for Climate Radicals: Part 3
      • Why CO2 Is A Minor Player In Global Climate
      • Why Politicized Science Is So Dangerous
    • Facts Not Fear
      • A Simple Question For Climate Alarmists
      • Climate Change – The Facts
      • Climate Change Fears Are Empirically Baseless
      • Global Warming 101
      • Global Warming Q&A
      • Understanding The Medieval Warm Period
      • Ocean Cycles and Climate
      • Overview of Plate Climatology Theory
      • Precautionary Principle
      • Should We Celebrate Carbon Dioxide?
      • The Skeptics Handbook
      • Weather Versus Climate
      • Why I’m a GW skeptic
      • Winning the climate debate with facts
      • Why Aliens Cause Global Warming
    • Greenhouse FAQs
      • CO2, Plants, & Industry
      • How much have temps changed?
      • How much have temps changed?
      • How much have temps changed?
      • Is global warming real?
      • Measuring temperature
      • Swimming in CO2?
      • Scientists urge caution?
      • Today’s warming trend
      • Variations in temperature
    • Gore’s Greatest Goofs
      • Deconstructing the Truth
      • Fact-Checking Al Gore’s Latest Predictions
      • How Gore Created The Global Warming Hoax
    • Inside Real Climate
      • Closer look at the 97% Consensus
      • GW’s Amazing Story
      • IPCC gets failing grade
      • Real Climate Exposed!
      • Truth about Real Climate
      • We’ve Been Conned
      • What is there a 97% consensus about?
    • Behind the IPCC
      • 1,000 Scientists Dissent
      • Climategate: Caught Green-Handed!
      • Climategate Inquiries
      • Climategate Inquiries 2
      • NIPCC Report Now Available
      • Understanding the Climategate Inquiries
  • Submissions
  • Contact Us
No Result
View All Result
  • Home
  • Videos
  • Who We Are
  • Facts Vs. Fearmongering
    • Real science vs Junk Science
      • 1100-plus Peer-Reviewed Studies
      • 97% – Myth of the Climate Change Consensus
      • Michael Crichton: Aliens Cause Global Warming
      • Climate change and its causes
      • Climate Science Primer
      • CO2 is not pollution
      • Deceptive Surface Temperature Records
      • Editorial: Great Global Warming Hoax
      • Rules for Climate Radicals: Part 1
      • Rules for Climate Radicals: Part 2
      • Rules for Climate Radicals: Part 3
      • Why CO2 Is A Minor Player In Global Climate
      • Why Politicized Science Is So Dangerous
    • Facts Not Fear
      • A Simple Question For Climate Alarmists
      • Climate Change – The Facts
      • Climate Change Fears Are Empirically Baseless
      • Global Warming 101
      • Global Warming Q&A
      • Understanding The Medieval Warm Period
      • Ocean Cycles and Climate
      • Overview of Plate Climatology Theory
      • Precautionary Principle
      • Should We Celebrate Carbon Dioxide?
      • The Skeptics Handbook
      • Weather Versus Climate
      • Why I’m a GW skeptic
      • Winning the climate debate with facts
      • Why Aliens Cause Global Warming
    • Greenhouse FAQs
      • CO2, Plants, & Industry
      • How much have temps changed?
      • How much have temps changed?
      • How much have temps changed?
      • Is global warming real?
      • Measuring temperature
      • Swimming in CO2?
      • Scientists urge caution?
      • Today’s warming trend
      • Variations in temperature
    • Gore’s Greatest Goofs
      • Deconstructing the Truth
      • Fact-Checking Al Gore’s Latest Predictions
      • How Gore Created The Global Warming Hoax
    • Inside Real Climate
      • Closer look at the 97% Consensus
      • GW’s Amazing Story
      • IPCC gets failing grade
      • Real Climate Exposed!
      • Truth about Real Climate
      • We’ve Been Conned
      • What is there a 97% consensus about?
    • Behind the IPCC
      • 1,000 Scientists Dissent
      • Climategate: Caught Green-Handed!
      • Climategate Inquiries
      • Climategate Inquiries 2
      • NIPCC Report Now Available
      • Understanding the Climategate Inquiries
  • Submissions
  • Contact Us
No Result
View All Result
Climate Change Dispatch
No Result
View All Result

Europe’s Energy Crisis Stoking Record-Setting Electricity Prices

by Jesper Starn, Isis Almeida, and Todd Gillespie
December 10, 2021, 11:30 AM
in News and Opinion
Reading Time: 2 mins read
A A
2

wind farm power linesEurope’s energy crunch is set to last as electricity prices climbed to fresh records, fueling inflation, and raising bills for millions of households and industries across the continent.

Power prices for delivery next year surged over 15% in Germany and almost 14% in France by Wednesday’s market close as freezing weather has forced European utilities to burn more gas, coal, and even oil to keep the lights on.

High prices this month are spilling into futures contracts for the following years, a sign that the crunch could last longer than many expected.

“There is still a lot of winter left,” said Arne Bergvik, chief analyst at Swedish utility Jamtkraft AB. A cold start will create “high energy prices for the rest of the season as the optionality to use stored gas or hydropower later is lost.”

The world is facing energy shortages as economies recover from the pandemic, boosting demand. At the same time, supply hasn’t been able to keep up due to years of lower investments in fossil fuels.

Europe’s wide network of renewable energy sources has also struggled, with low wind speeds reducing output for most of the year.

German power for next year, a European benchmark, reached 192 euros ($218) a megawatt-hour, while the equivalent French contract surged to as high as 222.75 euros before closing at 222.50 euros.

As utilities burn more fossil fuels, carbon prices surged to a record 90.75 euros a metric ton, with options traders betting prices will hit 100 euros before the end of the year. Carbon closed at 88.88 euros.

For consumers, higher gas and power prices are adding to an increase in food and transport costs. Bank of England Deputy Governor for Monetary Policy Ben Broadbent said this week that U.K. inflation may surpass 5% early next year.

That could happen as energy regulator Ofgem allows utilities to raise prices for consumers again in April.

Europe has been shifting away from fossil fuels in a bid to reduce emissions, and it has also curbed its use of nuclear power. That’s leaving the continent to rely on renewable power such as wind and solar, which are intermittent sources.

The retirement of conventional power plants that can be quickly turned on and off “is increasing the impact of renewable energy production on market pricing,” commodities trader Trafigura Group said in its annual report.

“The structural shift away from coal and nuclear towards wind and solar is also causing severe strains in the power system.”

Read rest at Bloomberg

  • Truth
  • Twitter
  • Facebook
  • LinkedIn
  • Gettr
  • Threads
  • gab-logo Gab
  • Mastodon
  • Buffer
  • Telegram
  • Email
  • Copy Link
  • Share Using More Networks…

Popular Posts

Electric Vehicles (EVs)

The ‘Green’ Scam Of The Century: How ‘Renewables’ Increase Fossil Fuel Demands

Oct 23, 2024
News and Opinion

Antarctica Is Colder, Icier Today Than At Any Time In 5,000 Years

Apr 15, 2024
Energy

30-Plus Signs That The Climate Scam Is Collapsing

Apr 09, 2025

Comments 2

  1. Alkè says:
    4 years ago

    The rising cost of the electricity bill especially affects those who, unfortunately, had decided to make an environmentally sustainable choice by buying an electric car. In fact, as the cost of electricity has risen, so has the cost of the gas: in this way, all the work put into providing information, convincing people to switch to an electric vehicle, and explaining global warming, is useless. As much as the green argument is at heart, the cost of maintaining a car also has a value: an intermediate solution must be found that allows drivers to charge the battery of their electric car at a reasonable cost, otherwise the market for EV’s will undoubtedly suffer a slow decline.

  2. Spurwing Plover says:
    4 years ago

    Soon only the Wealthy will be able to afford heating their homes while the rest of the People have to either freeze or burn wood and all over a fake threat of Global Warming/Climate Change

Stay Connected On Social Media

gab-logo

Donate Today

Beating back the alarmist narrative takes time and money. Please donate today to help!

Recent Posts

  • COP30 Amazon17 Republican AGs Urge Trump Admin To Skip COP30 Over Green Energy Policies
    Oct 24, 2025
    The attorneys general say attending COP30 would back costly, unreliable wind and solar and risk U.S. energy security. […]
  • severe storm over cityClimate Expert Reveals Latest Scandal Tied To Billion-Dollar Disasters
    Oct 24, 2025
    Climate Central takes over the Billion-Dollar Disasters tabulation, sparking fresh controversy over its methods and motives. […]
  • ocean sun cloudsNew Study Finds 75% Of Rising Ocean Heat Likely Natural, CO2 Not A Factor
    Oct 24, 2025
    Study shows ocean warming driven mostly by natural cycles, not greenhouse gas emissions, challenging mainstream global warming narratives. […]
  • LNG terminal in germanyU.S. And Qatar Push Back On EU’s Climate Mandates That Threaten LNG Exports
    Oct 24, 2025
    U.S. and Qatari officials warn that the EU’s latest climate regulations under CSDDD could endanger Europe’s access to affordable natural gas. […]
  • marines trainingCrazy Hill Op-Ed Demands Generals Respond To Climate Change ‘National Security’ Threat
    Oct 23, 2025
    The Hill warns of climate Armageddon unless U.S. generals join the fight against ‘Mother Nature,’ now deemed a national security threat. […]
  • Shipping port near power plantEurope’s Energy Crisis Shows Net Zero Dogma Comes At A Cost
    Oct 23, 2025
    While China’s rare earth threat exposes U.S. supply chain risks, Europe’s energy crisis shows how net zero policies backfired spectacularly. […]
  • wind farm climate outDemocrats Ditch Climate Messaging As Rising Utility Costs Hit Voters
    Oct 23, 2025
    As Democrats struggle with climate messaging, voters feel the pinch from rising utility bills and the party's costly green energy policies. […]
  • Protest system change not climate changeLead Attorney Admits Real Goal Of Climate Lawsuits: Backdoor Carbon Tax
    Oct 23, 2025
    A top lawyer spearheading climate lawsuits says the quiet part out loud: litigation is a backdoor carbon tax on oil companies and consumers. […]
  • WMO reportHow The World Meteorological Organization Lies To You—Using Your Taxes
    Oct 22, 2025
    The WMO’s 2025 greenhouse gas report hides key data that undercuts the so-called climate 'crisis' narrative—funded by your tax dollars. […]
  • Hurricane generating ocean waves2025 Hurricane Season Is Flopping As Alarmist Predictions Fail
    Oct 22, 2025
    The 2025 hurricane season so far has seen no major U.S. landfalls, exposing alarmists’ failed predictions of catastrophic storms. […]

Get Instant Email Notifications

Subscribe to receive a digest of daily stories, or get emailed once they're published. Check your Junk/Spam folder for a verification email.

Submit a tip

Please enter your email, so we know you're human.

Books You May Like

exposing great lie

Have a suggestion? Let us know! We swap out books based on your input. We participate in the Amazon Services LLC Associates Program. See here.

  • About
  • Privacy Policy
  • Contact Us

© Portions copyright Climate Change Dispatch

No Result
View All Result
  • Home
  • Videos
  • Who We Are
  • Facts Vs. Fearmongering
    • Real science vs Junk Science
      • 1100-plus Peer-Reviewed Studies
      • 97% – Myth of the Climate Change Consensus
      • Michael Crichton: Aliens Cause Global Warming
      • Climate change and its causes
      • Climate Science Primer
      • CO2 is not pollution
      • Deceptive Surface Temperature Records
      • Editorial: Great Global Warming Hoax
      • Rules for Climate Radicals: Part 1
      • Rules for Climate Radicals: Part 2
      • Rules for Climate Radicals: Part 3
      • Why CO2 Is A Minor Player In Global Climate
      • Why Politicized Science Is So Dangerous
    • Facts Not Fear
      • A Simple Question For Climate Alarmists
      • Climate Change – The Facts
      • Climate Change Fears Are Empirically Baseless
      • Global Warming 101
      • Global Warming Q&A
      • Understanding The Medieval Warm Period
      • Ocean Cycles and Climate
      • Overview of Plate Climatology Theory
      • Precautionary Principle
      • Should We Celebrate Carbon Dioxide?
      • The Skeptics Handbook
      • Weather Versus Climate
      • Why I’m a GW skeptic
      • Winning the climate debate with facts
      • Why Aliens Cause Global Warming
    • Greenhouse FAQs
      • CO2, Plants, & Industry
      • How much have temps changed?
      • How much have temps changed?
      • How much have temps changed?
      • Is global warming real?
      • Measuring temperature
      • Swimming in CO2?
      • Scientists urge caution?
      • Today’s warming trend
      • Variations in temperature
    • Gore’s Greatest Goofs
      • Deconstructing the Truth
      • Fact-Checking Al Gore’s Latest Predictions
      • How Gore Created The Global Warming Hoax
    • Inside Real Climate
      • Closer look at the 97% Consensus
      • GW’s Amazing Story
      • IPCC gets failing grade
      • Real Climate Exposed!
      • Truth about Real Climate
      • We’ve Been Conned
      • What is there a 97% consensus about?
    • Behind the IPCC
      • 1,000 Scientists Dissent
      • Climategate: Caught Green-Handed!
      • Climategate Inquiries
      • Climategate Inquiries 2
      • NIPCC Report Now Available
      • Understanding the Climategate Inquiries
  • Submissions
  • Contact Us

© 2025 Climate Change Dispatch

 
Share via
  • Facebook
  • Like
  • Twitter
  • Pinterest
  • LinkedIn
  • Digg
  • Tumblr
  • VKontakte
  • Print
  • Email
  • Reddit
  • Buffer
  • Love This
  • Weibo
  • Pocket
  • Xing
  • Odnoklassniki
  • WhatsApp
  • Meneame
  • Blogger
  • Amazon
  • Yahoo Mail
  • Gmail
  • AOL
  • Newsvine
  • HackerNews
  • Evernote
  • MySpace
  • Mail.ru
  • Viadeo
  • Line
  • Flipboard
  • Comments
  • SMS
  • Viber
  • Telegram
  • Subscribe
  • Facebook Messenger
  • Kakao
  • LiveJournal
  • Yammer
  • Edgar
  • Fintel
  • Mix
  • Instapaper
  • Copy Link
  • Truth
  • gab-logo Gab
  • Gettr
  • Baidu
  • Mastodon
  • Threads
  • Bluesky
Share via
  • Digg
  • Tumblr
  • VKontakte
  • Print
  • Email
  • Reddit
  • Buffer
  • Love This
  • Weibo
  • Pocket
  • Xing
  • Odnoklassniki
  • WhatsApp
  • Meneame
  • Blogger
  • Amazon
  • Yahoo Mail
  • Gmail
  • AOL
  • Newsvine
  • HackerNews
  • Evernote
  • MySpace
  • Mail.ru
  • Viadeo
  • Line
  • Flipboard
  • Comments
  • SMS
  • Viber
  • Telegram
  • Subscribe
  • Facebook Messenger
  • Kakao
  • LiveJournal
  • Yammer
  • Edgar
  • Fintel
  • Mix
  • Instapaper
  • Copy Link
  • Truth
  • gab-logo Gab
  • Gettr
  • Baidu
  • Mastodon
  • Threads
  • Bluesky