Electricity price rise

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   If I am reading correctly the note I have from my supplier, electricity prices are soon going to increase by around 10%.

I shall have to sit in the dark.

Seriously, this will have a big impact on the cost of everything. Some of Portugal's power stations are gas fired, producing about a quarter of the country's power, The wholesale price of natural gas as we know is massively increased because of the war and sanctions against Russia.  Hydro electric power production is down because of the drought. They are even talking abut bringing a couple of the coal fired power stations back on line.

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cubsur Members Profile Send Private Message Find Members Posts Add to Buddy List Moderator Group Joined: 26/January/2006 Status: Offline Points: 26928	Post Options Post Reply Quote cubsur Report Post Thanks(0) Quote Reply Topic: Electricity price rise Posted: 20/March/2022 at 10:25
	If I am reading correctly the note I have from my supplier, electricity prices are soon going to increase by around 10%. I shall have to sit in the dark. Seriously, this will have a big impact on the cost of everything. Some of Portugal's power stations are gas fired, producing about a quarter of the country's power, The wholesale price of natural gas as we know is massively increased because of the war and sanctions against Russia. Hydro electric power production is down because of the drought. They are even talking abut bringing a couple of the coal fired power stations back on line.
	Albufeira Resident www.algarvebus.info public transport information for the Algarve

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