Some European power companies are on the brink

  • 📰 TheEconomist
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 92%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Others are on a high

Save time by listening to our audio articles as you multitaskGroup . They are facing billions in losses as a result of Russia’s decision to curtail supplies of gas in response to Western sanctions over its invasion of Ukraine in February. In order to meet their obligations to customers, the power companies must cover the shortfall by buying the fuel at exorbitant cost in the spot market.

A humbled Mr Habeck has vowed to look for ways to adjust the levy to avoid benefiting undeserving firms.has pledged not to take advantage of the scheme. Still, the episode illustrates the topsy-turvy state of Europe’s energy markets, where some companies are asking for bail-outs while others stand accused of price gouging and threatened with windfall taxes on excess profits.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This can be solved much quicker. Ukraine is pushing the orcs east very quickly and efficiently, but Europe must help: give Ukraine tanks, MLRS, more everything, then by the winter they will finish the job...

Do whatever it takes to keep people safe and warm, FFS!

Resources war begins..🔥🔥🔥

Where was the money from European countries in 2015? When oil and gas prices dumped and 10 000 + ppl lost their jobs in Norway? No one ever helps us when things r going bad and when things are going good here, everyone screams about wanting out oil money. The hypocrisy is strong

Highest inflation in 40 years, give our money way to rich kids that went to college, riddled with crimes, leaves Americans behind enemy lines. Open borders. hates wom let’s me detroy thier sports. and they are racist.

For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her _AlexanderJenis Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success

Canada Canada Latest News, Canada Canada Headlines