Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I came across this article the other day and it gave me the giggles.  :

Wind Blows German Power Swings to Five-Year High: Energy - Bloomberg

Day-ahead electricity in Germany traded in a 109.50 euro ($146.31) range from Nov. 23 to Feb. 18, the biggest 60-day price swing since the two months ending Dec. 27, 2007, according to broker data compiled by Bloomberg. Baseload electricity, for supplies delivered around the clock, fell as low as minus 48 euros a megawatt-hour on Dec. 25 and was at 44 euros at 2:42 p.m. Berlin time today.

... what did you get for Christmas?

Elsewhere in the article, which is mostly about making money by trading electricity futures, the Christmas period was described as "extremely bearish weather"!

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II

by eurogreen on Fri Feb 22nd, 2013 at 06:08:15 AM EST

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