That massive spike of 50c/kWh at the left looks tiny compared to today even though that’s already insanely expensive

    • Critical_Insight@feddit.ukOP
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      1 year ago

      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.