
European household electricity bills jumped 20% in the second half of 2022, while gas bills rose 46%, Le Figaro reports, citing Eurostat data. At the same time, the statistical service points to significant differences between the EU countries: Eastern Europe, which was heavily dependent on Russian energy resources, suffered the most from rising prices.

European households’ electricity bills jumped 20% year-on-year in the second half of 2022, while gas bills surged 46% to a record high due to the conflict in Ukraine, Le Figaro reports, citing recently released data from Eurostat. Between July and December 2022, household electricity prices averaged €28.4 per 100 kWh across the European Union, up 21% from the same period in 2021, the EU statistical office said.

Such a rise in price was the result of a sharp increase in wholesale electricity prices, which are actually tied to the cost of production at a gas-fired power plant. However, natural gas prices rose sharply after Russia in retaliation cut off energy supplies to Europe.
At the same time, Eurostat points out significant differences between countries, as well as the difference in the impact of support measures taken by national governments.

Thus, the share of taxes on electricity prices in Europe was almost halved. In the second half of the year, the largest price increases for the year were recorded in Romania (+112%), the Czech Republic (+97%), Denmark (+70%), Lithuania (+65%) and Latvia (+59%). Conversely, much more moderate growth was recorded in Austria, Germany, Poland and Bulgaria (4-5%). The increase in electricity prices in France amounted to 9%. And in Malta, household bills even went down, thanks to government price controls. The same happened in the Netherlands, where consumers were helped, in particular, through tax cuts.
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Red Alert PR TRUMP calling emergency? All transformers bought from China has a back door and it will soon can have big impact on all of us? Is it also truth NATO must call emergency since they buy it from China as well? Is darkness coming? I predicted this long before this Martial Law is coming for USA sooner than later? Always get your 300.00 dollars passport because if you have it is easier to move around?
On The Precipice: Iran Unveils A New Weapon, Trump Threatens Kharg Island, And Israel Prepares To Face A Multi-Front Military Campaign.
Are we on the verge of a major escalation in the Middle East? The Iranians, the Israelis and the Trump administration all seem to be gearing up for the next chapter in this conflict. Unfortunately, I am convinced that the next chapter will be more chaotic than anything that we have seen so far. That is really bad news for the entire world, because it will essentially guarantee that very little commercial traffic will be getting through the Strait of Hormuz for the foreseeable future.
On Sunday, Major General Mohsen Rezaei made some very alarming statements.
First of all, he stated that the Iranians will soon be creating an exclusion zone outside of the Strait of Hormuz that will start at the US Navy’s blockade line and extend into the Persian Gulf…
That was big news, but what Rezaei said next was far more important.
He revealed that Iran just tested a brand new anti-ship missile by firing it “above an American warship”…
Apparently this was just a warning shot.
The Iranians know that if they sink one of our warships it will mean hundreds of U.S. casualties…
Hundreds of dead U.S. sailors and images of a U.S. warship sinking into the ocean would whip the U.S. public into a frenzy.
A sizable portion of the U.S. population would demand revenge, and then there would be turning back.
We do not yet know the identity of the anti-ship missile that the Iranians just tested.
If China is giving “carrier killers” to the Iranians, that would be extremely troubling news.
The Chinese possess anti-ship missiles that can take out an aircraft carrier in one shot from a very long range.
Most Americans do not realize this.
If the Iranians have gotten their hands on such weapons, it would be a game changer.
During his remarks, Rezaei also claimed that the Strait of Hormuz is “completely closed”…
I would not agree with Rezaei’s assessment.
Some oil tankers have been getting through the Strait.
But not nearly enough.
For months, we were promised that there would soon be a deal with Iran that would reopen the Strait of Hormuz.
But now U.S. Energy Secretary Chris Wright is openly admitting that there might not ever be a nuclear agreement with Iran…
It appears that the time for diplomacy is over.
So what is the alternative?
The Iranians are pledging to significantly escalate matters if the U.S. attacks again…
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