Blaming energy costs ... it is a shortage

Discussion in 'Energy' started by bwilson4web, Oct 12, 2021.

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  1. bwilson4web

    bwilson4web Well-Known Member Subscriber

    Source: "
    Energy price spike in Europe, coal shortage in India: Are we seeing a global energy crisis?"

    As we get out of the COVID-19 depression, demand is up and energy suppliers are more than willing to increase prices. The price is a function of supply and demand and demand is rising.

    According to the YouTube report, India gets 75% of it's electricity from coal plants (hummm no mention of China.) India gets 75% of its coal locally but climate change rains have shutdown some coal mines.

    Bob Wilson
    Last edited: Oct 12, 2021
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