Currently 400 to 500 euro per megawatt hour in Belgium, next week up to 1500 euro

good. about goddamn time

Really?

Destruction of Europe will herald the collapse of America.

how? you won't even be able to afford the diesel to run a ship to get here

Exactly my point.

Bunker fuel. Ships run on bunker fuel, not diesel.

Is this a good time to mine bitcoin in Belgium, op?

I don't think so.

Needless to say, but our Minister of Energy is from the green party.

Do you have any price caps? Also is 1500 for final consumer ? That would make it 3-4 euro per hour to run a small oil heater....

Good for obese people to loose wait by burning all that excess fat due to the cold.

No price caps yet. They are discussing the matter in the EU parliament. I heard a price of max 280, but some parties didn't agree.

1500 for final consumer, yes.

Here is the translation of the article I read earlier:

Peak in electricity prices expected: “This will be the most difficult week of the year”

Electricity prices could skyrocket early next week. Even colder temperatures, little wind, France importing electricity en masse and the failure of Tihange 1 are pushing up prices. Trader Matthias Detremmerie expects the "hardest week of the year" on the electricity market.

In recent days, the price of electricity has risen to more than 400 euros per megawatt hour in our country, with peaks of over 500 euros. Little sun and wind and therefore hardly any renewable energy, in combination with very cold temperatures, make electricity twice as expensive as in recent weeks.

In addition, France, which is struggling with nuclear reactors that are down due to maintenance and breakdowns, imports a large amount of electricity. This is also driving up prices in neighboring countries. The longer shutdown of nuclear reactor Tihange 1 - which was not supposed to restart until December 14 - also leads to higher prices.

It will be extra exciting at the beginning of next week. High voltage manager Elia confirms this. “We expect a peak in electricity prices at the beginning of next week, especially in the evening,” says the manager of the high-voltage network.

The forecast is that it will be even colder next week, and that Belgium will also have to import electricity. “Limited imports may also be needed,” confirms an Elia spokeswoman. “It's about predictions. Imports may also not be necessary if the wind blows a little harder.” There is no threat of problems in terms of security of supply, the network operator assures.

Market specialist Matthias Detremmerie of supplier Elindus expects the most difficult week of the year to come, with record prices in the making. Some scenarios go up to 1,500 euros per megawatt hour in the evening peak.

OP, how much electricity do you use on average per month?

I don't have the numbers here. Quite a lot. I live in a big, old house.

I turned off the heat after I read the article. I'm thinking about spending a week in bed, just getting out to eat, drink and going to the toilet.

What else can I do? I'm already wearing a t-shirt, a shirt, 2 sweaters and 2 coats.

In about 4 to 6 weeks with those kind of prices, and it being the very cold part of the winter, the masses will ready to go into near revolt.

I see POLITTICAL CHAOS in Northern Europe on the dinner table for mid January.

The world needs a revolution. There's no other option.
On the other hand, maybe that is what the elites want.

Well, the cause is the Ukraine war.
That country is getting decimated by the war.
The EU and the USA are pushing the war to destroy Russia's economy. But the Russians have the trump card. The have the energy resources.

The only way the bloodbath ends is if the cost to the EU becomes too high. This is just the beginning of the costs that EU citizens will have to pay.

Bullshit. The energy crisis started before the war in Ukraine.

Where in Belgium? Thinking of relocating there.

Babylon is fallen is fallen


Europa means babylon

Thats a hefty increase OP. Not sure how people will survive this winter.

Thank isreal there quest gif world domination they taking us all to hell , but keep sending your kids to die in there wars you fkn thick yank dogs , your fall will be the hardest , the seven year famine hits usa first , that’s a fkn fact I know this by word of mouth there gona starve your arsed starting next March .. laugh then you selfish judas fucks , laughing at your brothers thinking your masters are sone how sparing you , how do you think they disarm you .. ya stupid down syndrome fucks

thank the j they will destroy the world at all costs to put in their descendant of david to be king of the world

The EU energy crisis started in 2021, so you are somewhat correct.
But this level of cost is directly related to the war.
The cost will keep increasing as long as the west "sanctions" Russia and supports the Ukies. Sorry.
The media and power brokers can spin it all they want. But without Russian energy Europe is dead.

Correct but the yank dogs laugh not knowing in match next year it’s seriously can’t find food time ,

Only 6% of our gas supplies is Russian.

The green party and WEF should be on the nuisance animal kill list ...no bag limits!