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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (9139)8/30/2022 2:00:56 AM
From: elmatador1 Recommendation

Recommended By
E_K_S

  Read Replies (1) | Respond to of 13800
 
No. Here's is what I am interested on. If a company distributes electricity, it has to pay collateral to the companies that generate it.

Prices going up you have to deposit higher collateral.

If you don't have money to pay collateral, distributor becomes insolvent.

Austria’s largest energy supplier becomes insolvent
jc/jd 29.08.2022, 09:06
Austria’s largest energy supplier, Wien Energie faces financial turmoil due to massive inflation in the country. The company is due to repay between EUR 1.7 and 1.8 billion and needs collateral.

The next steps the EU will do to counteract the energy costs to customers.

If they nationalize the whole system, Generation, transmission distribution, the govern banks the whole system. Becomes like the USSR. Pricing no longer matter as government just make sure the system continues operatiing.



To: Elroy Jetson who wrote (9139)8/30/2022 2:03:37 AM
From: elmatador1 Recommendation

Recommended By
renovator

  Read Replies (1) | Respond to of 13800
 
In Germany: Uniper Seeks 4 Billion Euros From State Lender as Liquidity Deteriorates
Surging costs force utilities to extend more collateral

German energy giant is losing 100 million euros a day

By Lars Paulsson and Vanessa Dezem
August 29, 2022 at 2:33 PM GMT+3Updated onAugust 29, 2022 at 4:58 PM GMT+

Mr. Market teaches lessons. When it does, it is the hard way.



To: Elroy Jetson who wrote (9139)8/31/2022 3:53:14 AM
From: elmatador  Respond to of 13800
 
Argus calculates prevailing costs for hydrogen using a 100MW polymer electrolyte membrane (PEM) electrolyser and drawing on integrated wind and solar electricity supply including capital expenditure:
  • Northwest Europe $8.07/kg
  • Chile $5.83/kg
  • Oman $5.28/kg
  • Australia $4.89/kg
Currently, Brazil can produce green hydrogen based on onshore wind power for US$2/kg-US$4/kg, compared to 6-8 euros/kg in Europe and US$4/kg-US$6/kg in the US.

Brazil could produce green hydrogen for US$1/kg by 2030, Monica Saraiva Panik, institutional relations director of local hydrogen association ABH2, told a webinar hosted by electro-electronic industry association AbineeBrazilian Electrical and Electronics Industry Association.

Brazil lowers the cost of green hydrogen and relocate all these industries to Brazil.

...