PDN 0.73% $9.60 paladin energy ltd

Energy crisis, page-6

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    Cold and no wind adding to the EU woe

    "PARIS, Dec 17 (Reuters) - European wholesale power prices for Monday rose as wind power supply was forecast to be lower in France, where demand is expected to rise as temperatures tumble. French Monday baseload TRFRBD3 was at 450 euros ($509.94) a megawatt hour (MWh) at 1011 GMT, up 24.7% from Friday delivery.Monday baseload in Germany TRDEBD3 traded at 364 euros/MWh, 1.7% up from Friday delivery."

    Love wind and solar yet see the variability in output in my own home and work PV systems daily. Large scale Storage options will exist in 10, 20, 30 years, until then IF coal/gas is taken out the option of less nuclear must be the only real option in many Countries and areas. The EU is a fascinating case study I feel. Noting "2020 was the worst year yet for power outages in the US" meaning its is not just EU.

    "On average, a person in the US went over eight hours without electricity in 2020. That’s more than twice as long the average American went without power in 2013, the year that the EIA started keeping track. Across the US, outage times varied considerably. Residents of Louisiana, the state with the longest outages, went a full 60 hours, on average, without electricity last year"








 
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