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At 5 p.m. on Tuesday, December 21. In 2021, the electricity price on the electricity exchange reached an unprecedented record of 620 euros per megawatt hour. And not only in Germany but also in our neighboring countries France, Austria and Denmark. The daily average price was still 431 euros, which is also a new record. According to the retailer, the cause of the sharp rise in prices is unclear. Advertising

But it’s actually very simple market behavior. If a product becomes scarce, the price rises until nobody is willing to pay it anymore. The situation at the European


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