• Che's Motorcycle@lemmygrad.ml
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    15 hours ago

    As more and more of Norway’s energy flows to German grids, Norwegian energy prices are climbing ever higher for locals. Norway has cheap and abundant energy thanks to prodigious hydropower resources, and locals are none too happy about sacrificing their cheap energy prices to keep German lights on. …

    The Norwegian government is now considering a control mechanism to limit exports. If Norway decides to limit or completely curtail its energy flows to the European Union, it would be catastrophic for the bloc. Norway was the continent’s third biggest energy exporter last year.