RT @MacroAlf: Almost the entire European continent is now operating at electricity prices above EUR 600/MWh

This is roughly equivalent to $1000 (!) per barrel of oil

The last decade average cost of electricity was in the EUR 20-30/MWh range

Not sure a few hikes are going to fix the EUR here

🐦🔗: https://nitter.eu/TomVandendriese/status/1562338692798320640