WebYes spot market went very high but it triggered quick reaction from Europe to install a lot of regas capacity. Now when prices are falling every day we see small scale projects and … WebTime to Blow Up Electricity Markets by Yanis Varoufakis - Project Syndicate project-syndicate.org 54 23 Comments
Time to Blow Up Electricity Markets – Red Green Labour
WebSep 17, 2024 · It’s time to wind down simulated electricity markets. What we need, instead, are public energy networks in which electricity prices represent average costs plus a small mark-up. We need a carbon tax, whose proceeds must compensate poorer citizens. We need a large-scale Manhattan Project-like investment in the green technologies of the future ... WebSep 9, 2024 · Former Greek Finance Minister Yanis Varoufakis writes in Time to Blow Up Electricity Markets, “The European Union’s power sector is a good example of what market fundamentalism has done to electricity networks the world over… It is time to wind down the simulated markets.” Why, then, is the Modi government rushing into this abyss? california bar sign in
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