Display:
So can the EDF shareholders sue the state for the difference?
by Colman (colman at eurotrib.com) on Thu Aug 31st, 2006 at 05:01:55 AM EST
In this case I certainly hope they do.

EDF is keeping its head down on this one and is ready to swallow the difference, because they know a political loser when they see one.

As everywhere, people hate higher energy prices. The next few years should be fun for politicians...

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Thu Aug 31st, 2006 at 05:21:38 AM EST
[ Parent ]
This boiled up today in Sweden too. The insane electricity prices (due to the oligopolic deregulation, highest in Europe! This is fucking Sweden 50 % hydro and 50 % nuclear!) has brought hypermodern Rottneros pulp mill to it's knees and it will now relocate, probably to Latvia. 150 jobs will be lost in an area already plagued by high unemployment.

And glory of glories, just the day before the socialist pm was on TV saying the power market is wonderful and high electricity prices are a good thing! Elections are in 2 weeks and the awful socialist will hopefully be thrown out. Reregulation by a centre-right government is not unthinkable in this absurd country.

The industry, which ten years ago pushed deregulation very strongly and initially had dirt cheap electricity (0,01 euro per kWh) is screaming for reregulation.

But the government is not offering that. They are instead hinting at special treatment for Rottneros, that is subisized electricity from the state utility Vattenfall.

This so fucking absurd! Reregulate!

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Thu Aug 31st, 2006 at 06:15:50 AM EST
[ Parent ]
Some Swedish news in english. I can't find anything about the pulp factory closure though.

Persson slammed over jobs by colleague

Power companies accused of price fixing

ABB to upgrade Swedish nuclear facility

Industry demands electricity price rules

Bonuses rocket at Vattenfall

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Thu Aug 31st, 2006 at 06:40:41 AM EST
[ Parent ]

Display:
Login
. Make a new account
. Reset password
Recommended Diaries
Clipping the wings of a judge
by Migeru - Feb 10
21 comments

Hunger March wins PR battle
by DoDo - Feb 9
3 comments

Romania: protests change government
by DoDo - Feb 8
6 comments

Murdoch - Outsourcing and Hubris
by ceebs - Feb 3
18 comments

Obama wins GOP Primaries (to date)
by Frank Schnittger - Feb 8
8 comments

Bristol Pound
by ChrisCook - Feb 7
14 comments

Strange Fruit
by Frank Schnittger - Feb 4
14 comments

The Imitation Of Germany
by afew - Feb 4
31 comments

Recent Diaries
Sarkozy: Enemies Ahoy!
by afew - Feb 10
4 comments

Clipping the wings of a judge
by Migeru - Feb 10
21 comments

LQD: Unsustainable irrigation
by Melanchthon - Feb 9

Hunger March wins PR battle
by DoDo - Feb 9
3 comments

Obama wins GOP Primaries (to date)
by Frank Schnittger - Feb 8
8 comments

Romania: protests change government
by DoDo - Feb 8
6 comments

Answers to the Renewable Energy Consultation
by Luis de Sousa - Feb 7

Bristol Pound
by ChrisCook - Feb 7
14 comments

The Imitation Of Germany
by afew - Feb 4
31 comments

Strange Fruit
by Frank Schnittger - Feb 4
14 comments

Murdoch - Outsourcing and Hubris
by ceebs - Feb 3
18 comments

Mismatch with the Natural Gas Market
by Luis de Sousa - Feb 3
22 comments

The Future of Economics
by ARGeezer - Feb 2
191 comments

Desert Island Discs - Helen's distortions
by Helen - Jan 31
48 comments

Gorila
by DoDo - Jan 29
14 comments

Rail News Blogging #7
by DoDo - Jan 29
15 comments

Obama's State Of The Union: LQD
by Crazy Horse - Jan 25
74 comments

Democracy Technology
by gmoke - Jan 24
1 comment

The Hydrogen dream
by Luis de Sousa - Jan 24
49 comments

ET Paris Meet-Up 2012 (2 UPDATE)
by afew - Jan 23
113 comments

More Diaries...
Occasional Series