Electricity prices hit fresh all-time highs again in some European states

14:56,

YEREVAN, AUGUST 22, ARMENPRESS. Electricity prices on the Day Ahead market for August 22 delivery have hit fresh all-time highs again in a number of European countries, TASS reports citing Nord Pool electricity exchange’s data.

Particularly, the price reached 563.81 euros per MWh in Eastern and Western Denmark, 564.66 euros in Austria, 561.94 euros in Belgium, 563.81 euros in Germany, 571.34 euros in France, and 558.23 euros in the Netherlands.

The price of electricity followed an increase in the gas price. Earlier on Monday the price of gas in Europe exceeded $3,000 per 1,000 cubic meters for the first time since early March.

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS