| ▲ | ginko 5 days ago | |
>But Europe doesn’t have enough energy to run air conditioning. That's just silly. | ||
| ▲ | ggreer 5 days ago | parent [-] | |
It's not that dire, but energy costs in the EU are quite high compared to the US. US retail prices for electricity average 13 cents per kWh.[1] The EU's average is around 28 cents per kWh.[2] The only EU countries with advanced fabs are Germany and Ireland. In Germany, retail electricity is 35 cents per kWh. Ireland is almost as bad at 31 cents per kWh. Industrial plants tend to pay lower rates and can supplement their grid consumption with things like on site solar, but that's also true in the US. 1. https://www.eia.gov/electricity/monthly/epm_table_grapher.ph... 2. https://ec.europa.eu/eurostat/web/products-eurostat-news/w/d... | ||