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A comment on Day ahead electricity prices for EU. Parent comment

Re:Day ahead electricity prices for EU by seydor on Saturday August 27, 2022 @12:35PM (#32620709)
If that were true countries that don't depend on russia would not be affected. Greece uses little natgas, and only only 4% of it is russian, yet it sees some of the most steep rises.
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Re:Day ahead electricity prices for EU by origin_path on Saturday August 27, 2022 @12:46PM (#32620808)
Lots of countries import gas using LNG terminals. Those gas ships can go to any country that has import terminals and they set sail for the highest bidder. So gas is like oil, there's only a few global prices.
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Re:Day ahead electricity prices for EU by ZeroGravitas on Saturday August 27, 2022 @04:43PM (#32623001)
It's not the Russian gas that is expensive, it's the intentional lack of supply of Russian gas that makes the market price for all gas go up (plus some other general market tightness due to COVID).
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Re:Day ahead electricity prices for EU by DIARRHEA_xd on Saturday August 27, 2022 @03:07PM (#32622035)
Similar price trends are to be expected across all nodes in highly interconnected grids.
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