4/30/22

Natural gas is the main source of UK electricity production again

 After a few days of strong wind in the UK (and this is strange for an island), the weather is back to no-wind condition. The figure below shows the current status of electricity production split between green and fossil sources. No good news for green energy. This is a good reason for the future natural gas price surge. Considering the possibility of the reduced gas supply from Russia, the european natural gas market is vulnerable. 




No comments:

Post a Comment

Spain chases France and Italy in the economic fall race

The news about blackout in Spain is in full harmony with the overall decline of Spanish economy. The growth rate of real GDP per capita has ...