‘Horror chart’ suggests Germany on brink of huge energy crisis ...News

Russia Today - Economy
‘Horror chart’ suggests Germany on brink of huge energy crisis
source : Russia Today ( News ) () 22
Consumer prices for electricity are detached from reality, the editor of Die Welt says Germany is heading for a “huge energy crisis”, a senior editor at one of the country’s most influential newspapers, Die Welt, warned on Wednesday. “Not only [are] gas prices near record highs, but electricity prices in particular are signaling stress,” Holger Zschaepitz, a senior editor on the daily's economic and financial desk, wrote on Twitter. In what he called a “horror chart” that he posted with his tweet, Zschaepitz showed that the price of electricity had reached almost €400 per megawatt hour on the energy exchange, or

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