• HelloThere@sh.itjust.works
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    1 year ago

    https://app.electricitymaps.com/zone/ES

    Spain uses a lot of gas, and prices have increased substantially. Between 2017 and 2019 the price per MWh hovered around €50, in 2020 it fell to €34. In 2021 it jumped to €112, and 2022 to €167.

    The government started removing excess profits in 2021 - see here - and more recently are also subsidising the cost to generators where needed, see here. This was at the peak of Spain’s inflation, which reached 10% and then fell back to a more typical level, see here.

    They have not been able to isolate themselves the same way France have, and are in a situation much closer to the UK with regards to reliance on gas, but through better economic management within Spain and across the eurozone now have lower inflation.

    Edit: speeeeling.

      • HelloThere@sh.itjust.works
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        1 year ago

        That context is important and ignoring it means you keep making easily falsifiable claims, like saying the energy crisis didn’t impact other countries. I have now both shown, and explained to, you why that is wrong, and so my work here is done.

        • Bernie Ecclestoned@sh.itjust.works
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          1 year ago

          Lol, I didn’t say that though.

          I said the UK, Netherlands and Belgium let the energy shock into the economy whilst other countries used price caps to keep it out.

          I then provided a source that detailed the approach on a country by country basis

          You then started quoting random stuff about Spain and France