Power prices in the Netherlands turn negative with the market so overloaded with green electricity that consumers are getting paid to use the excess supply https://t.co/vfXj4Ka4Bn
Today 1.83% of our #electricity came from #renewables , 87.28 % came from #gas . Shouldn’t we be taking every opportunity we get to secure our gas supply into the future? Smooth transition to #renewableenergy makes a lot of sense to me - but, not others, I’m afraid ! 🤷🤷
The EU have destroyed the energy supply chain shutting down Nuclear and peat power and betting on gas and wind, consumers are paying the price now with costs rising x2 & x3. The farm to fork/green deal will do the same to food prices. $1000/tonne #wheat inside 5 years. #timestamp
Extreme heat is intensifying in Spain and Portugal right now and will spread into France.
A particularly nasty heatwave incoming, especially for the middle of June.
Wesley Edens, the US billionaire behind the Shannon LNG project, has written to the Taoiseach saying the project is ‘literally shovel ready’ and can help solve Ireland’s energy crisis. More in this weekend’s @businessposthq https://t.co/fiHCnY1CGX
There’s been continuing discussion of Ireland cutting its cattle and sheep herd, there is the new ban on selling peat/turf fuel. Whatever the merits of these policies in normal times, we are not in normal times & need to adjust strategy accordingly.
We traveled to my beloved hometown of Cahersiveen to see how the people there are welcoming Ukrainian refugees -- it's a story playing out in many parts of rural Ireland.
w/ @LaurenGKent @NiamhMKennedy
@CowenBarry Time to go back to one provider it’s all d same electricity we are too small a country for all the companies consumer end up paying for all there overheads.
Great craic to kick-off Day 2 of #RoyalVisitIreland! 🇮🇪
Thank you for the warm welcome to Cahir Farmers Market in Tipperary - it was a joy to see (and taste!) some of Ireland’s finest food produce.
"It's what you do on the pitch that really interests me, not all the other garbage." 😤
Roy Keane says the Manchester United players were too casual and did not show 'fight' in their derby defeat.
I respect that there is a sector of Irish society that wants to see RTE continue on in more or less its current broadcast form. I have no issue with that just as long as that sector of society pay for it themselves and recognise that RTE can no longer be funded by coercion.
Just live with it, says Spain.
It's the first major European nation to call for Covid-19 to be treated as an endemic disease, like the flu https://t.co/G897m7PfqH
CHART OF THE DAY: French 1-year forward electricity jumps to a record high of almost €200 per MWh. The rise in long-term power prices (vs day-ahead) is crucial as this rise is going to filter into retail and SMEs tariffs. German 1-year forward also close at a record high today.
Was in Berlin on Sunday, going to small gathering where host asked us to get a test as precaution. Got a test. Results by email in 15 min. All free. Testing site was portacabon on side of the road. Hassle free, no drama. Negative, no brainer. Everyone happy. Life goes on.