We’ve had negative 20 temperatures for over a week which happens about once every 10 years so the demand is extremely high and on top of that few of our powerplants are out of service for maintenance so that electricity has to be bought from abroad too.
Few cold days in a row is not an issue as buildings still have heat stored up in the structures but when it lasts for a long time the demand for more heating goes up drastically.
Not quite the same. Their demand has outstripped their capacity, the same as happened in Texas. But since they could import from other regions, the supply was still there. So people won’t be dying from widespread power outages, and some people who chose more risky fee structures will be paying exorbitant prices.
Is there a specific reason the price spiked that much? That’s a 950% price hike within four hours.
We’ve had negative 20 temperatures for over a week which happens about once every 10 years so the demand is extremely high and on top of that few of our powerplants are out of service for maintenance so that electricity has to be bought from abroad too.
Few cold days in a row is not an issue as buildings still have heat stored up in the structures but when it lasts for a long time the demand for more heating goes up drastically.
Scheduling power plant maintenance during winter in a country where it gets that cold seems a tad, uhm, insane?
I don’t think it was scheduled maintenance. Something broke
Sometimes circumstances leave you little choice…
Wait til you find out about the Enron scandal
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That happened because winterproofing windmills and power plants is expensive and no one was forcing the companies running them to do it.
Which, from this thread, sounds like what’s happening in Finland.
Not quite the same. Their demand has outstripped their capacity, the same as happened in Texas. But since they could import from other regions, the supply was still there. So people won’t be dying from widespread power outages, and some people who chose more risky fee structures will be paying exorbitant prices.
We’re actually importing as much as the lines from Sweden to Finland are currently able to support.
Guess what country is on our east side? Yeah.