Important post by Doomberg

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aja57
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Joined: Sun May 29, 2022 10:35 pm

Important post by Doomberg

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"In another happy numerical coincidence, consider the reported price Microsoft will pay for nuclear electricity in terms of an equivalent amount of natural gas. It takes approximately 7.7 million BTUs of natural gas to produce a megawatt-hour of power. Thus, $100 a pop projects a ceiling natural gas price of $13 per million BTUs—roughly the current energy equilibrium value of 1/6th the price of oil as measured in barrels. It is also the price of landed LNG in Europe as of the time of this writing."
https://newsletter.doomberg.com/p/bridge-burning?utm_source=post-email-title&publication_id=343139&post_id=149806313&utm_campaign=email-post-title&isFreemail=false&r=oc969&triedRedirect=true&utm_medium=email
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