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Title : Europe's Energy Crisis Just Got Even Worse
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Europe's Energy Crisis Just Got Even Worse

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EUROPEAN ENERGY CRISIS: Day-ahead electricity prices across much of Europe set fresh and frightening record highs. Germany jumps to an incredible €431 per MWh. At current prices, energy-intensive industries will rather shut down and re-sell their power on the spot market pic.twitter.com/GZFaxLEJei

— Javier Blas (@JavierBlas) December 20, 2021

Newsweek: Europe's Energy Crisis Just Got Even Worse 

Europe's energy crisis got even worse on Monday after France declared severe nuclear outages and prices continued to balloon above €300 per megawatt hour (MWh) in almost every country on the continent. The crisis comes as much of Europe is bracing for sub-zero temperatures this winter, including in several capitals this week. In France, the electricity price stood at €442.88 MWh on Monday, the highest amount in Europe and its highest price since 2009, according to Energy Live. The energy price in France spiked by 15.9 percent in the last day, according to the website.  

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WNU Editor: This is not going to help .... Russia Cuts Gas Supplies to Europe as Temperatures Drop (Moscow Times).

 Europe's Energy Crisis Just Got Even Worse 

Gas prices surge in Europe as Russian Yamal pipeline exports fall -- Reuters  

European countries slammed with record energy prices as winter weather arrives -- FOX News  

European Energy Prices Soar as a Deep Freeze Arrives -- Bloomberg  

Europe's Energy Prices Hit New Record Highs As Cold Snap Arrives -- Zero Hedge

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