In Sweden, Lack of Wind in Germany Sends Electricity Prices Soaring
If you’re feeling a chill in the air, it’s not just winter—it might be Sweden’s power struggle. As rivers freeze and winds stall in Germany, electricity prices are soaring, reminiscent of the 2022 energy crisis. In Electricity Zone 3, covering major cities like Gothenburg, Stockholm, and Uppsala, brace for rates reaching 10 kronor (44 cents) per kilowatt on Thursday. It’s a time to be mindful of our energy use and explore smart ways to keep warm without burning through budgets.
This matters in Minot, and everywhere; we should learn from it. It’s a basic economics. As supply goes down, price goes up. It happens in energy, too. We should take note as we tackle our energy concerns, too. Currently, U.S. energy prices average about 17 cents per kilowat hour compared to Sweden’s 44 cents.
MinotVoice
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