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Daily review 12/07/2022

Written By: - Date published: 5:30 pm, July 12th, 2022 - 4 comments
Categories: Daily review - Tags:

Daily review is also your post.

This provides Standardistas the opportunity to review events of the day.

The usual rules of good behaviour apply (see the Policy).

Don’t forget to be kind to each other …

4 comments on “Daily review 12/07/2022 ”

  1. Poission 1

    Fatih Birol warns of more pain to come in global energy crisis,which due to interconnected complexity is causing problematic issues for both energy and food security,and substantive debt crisis in emerging markets.

    Europe and especially Germany is facing significant disruption,high inflation,high risk for winter and the risk of social unrest as German landlords ramp up heating costs,and limit hot water.

    Many renters in Germany are receiving unpleasant letters these days. As energy prices rise dramatically, landlords and property management companies are increasing the monthly flat rate for heating costs. One housing company in Berlin is announcing a 100% increase in heating prices for apartments heated with gas or oil.

    Whether this will be enough is not clear. The high energy prices have a delayed impact because the advance payments are not offset against the actual costs incurred until the end of the year.

    The GdW, an association that represents 3,000 housing companies, has calculated that each household would have to budget up to €3,800 ($3,870) more for energy in the coming year.

    https://www.dw.com/en/fearing-russian-gas-cutoff-germans-prepare-for-cold-winter/a-62412646

    Here in the middle of winter (and maintenance season ) at peak time with a high wind load (due to bad weather) we have the cheapest spot price in the world at 2.91 – 3.47 $ mwh.

  2. Jenny how to get there 3

    Mick Lynch nails it.

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