Right now, all electric power sells dearly, even if production expenditures have remained low, as with renewable energies (wind and photo voltaic panels, for illustration) or nuclear electricity plants. It is the electrical energy from gas-fired electric power plants that drives the price up.
Disconnect both, says Vande Lanotte. So you can set a (lower) ceiling on low-priced and sustainable electrical power and nuclear energy. Only: then we can no extended enable the current market engage in and electric power can no longer be exported to nations eager to pay much more. “It’s a quite rigid unexpected emergency economic law that imposes a lot of constraints.”
In basic principle, this is not attainable, says Vande Lanotte, mainly because the contracts have been concluded, but even these are remarkable periods that need extraordinary steps, he explanations. “We are in a war, but we do not realize it. Right until now, the cost-free marketplace can enjoy, but in a war situation you can’t.”
Draw a parallel with the monetary crisis, when numerous contracts were being not honored and fantastic steps were also taken. “Then folks mentioned: it’s about the fiscal survival of a region. But now it is really about the financial survival of our industry, our careers and the individuals themselves.”
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