{"id":1523,"date":"2013-11-16T20:45:27","date_gmt":"2013-11-16T20:45:27","guid":{"rendered":"http:\/\/fenello.com\/blog\/?p=1523"},"modified":"2013-11-16T20:45:27","modified_gmt":"2013-11-16T20:45:27","slug":"how-to-lose-half-a-trillion-euros","status":"publish","type":"post","link":"http:\/\/fenello.com\/oldnews\/tranzitioning\/?p=1523","title":{"rendered":"How to lose half a trillion euros"},"content":{"rendered":"<div class=\"mceItemEmbedly\" style=\"max-width:600px;\" data-ajax=\"{'url':'http:\/\/www.economist.com\/news\/briefing\/21587782-europes-electricity-providers-face-existential-threat-how-lose-half-trillion-euros','width':null,'words':null,'height':null,'embed':'&lt;div class=\\&quot;embedly\\&quot; style=\\&quot;\\&quot;&gt;&lt;img src=\\&quot;http:\/\/cdn.static-economist.com\/sites\/default\/files\/images\/print-edition\/20131012_FBD001_0.jpg\\&quot; class=\\&quot;thumb embedly-thumbnail-small\\&quot; \/&gt;&lt;a class=\\'embedly-title\\' target=\\'_blank\\' href=\\'http:\/\/www.economist.com\/news\/briefing\/21587782-europes-electricity-providers-face-existential-threat-how-lose-half-trillion-euros\\'&gt;How to lose half a trillion euros&lt;\/a&gt;ON JUNE 16th something very peculiar happened in Germany\\'s electricity market. The wholesale price of electricity fell to minus \\u20ac100 per megawatt hour (MWh). That is, generating companies were having to pay the managers of the grid to take their electricity. It was a bright, breezy Sunday. Demand was low.&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;span class=\\&quot;embedly-powered\\&quot; style=\\&quot;float:right;display:block\\&quot;&gt;&lt;a target=\\&quot;_blank\\&quot; href=\\&quot;http:\/\/embed.ly\/code?url=http%3A%2F%2Fwww.economist.com%2Fnews%2Fbriefing%2F21587782-europes-electricity-providers-face-existential-threat-how-lose-half-trillion-euros\\&quot; title=\\&quot;Powered by Embedly\\&quot;&gt;&lt;img src=\\&quot;http:\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\\&quot; alt=\\&quot;Embedly Powered\\&quot; \/&gt;&lt;\/a&gt;&lt;\/span&gt;&lt;div class=\\&quot;media-attribution\\&quot;&gt;&lt;span&gt;via &lt;\/span&gt;&lt;a href=\\&quot;http:\/\/www.economist.com\\&quot; class=\\&quot;media-attribution-link\\&quot; target=\\&quot;_blank\\&quot;&gt;Economist&lt;\/a&gt;&lt;\/span&gt;&lt;\/div&gt;&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;\/div&gt;'}\">\n<div class=\"embedly\" style=\"\"><img decoding=\"async\" src=\"http:\/\/cdn.static-economist.com\/sites\/default\/files\/images\/print-edition\/20131012_FBD001_0.jpg\" class=\"thumb embedly-thumbnail-small\" \/><a class='embedly-title' target='_blank' href='http:\/\/www.economist.com\/news\/briefing\/21587782-europes-electricity-providers-face-existential-threat-how-lose-half-trillion-euros'>How to lose half a trillion euros<\/a>ON JUNE 16th something very peculiar happened in Germany&#8217;s electricity market. The wholesale price of electricity fell to minus \u20ac100 per megawatt hour (MWh). That is, generating companies were having to pay the managers of the grid to take their electricity. It was a bright, breezy Sunday. Demand was low.<\/p>\n<div class=\"embedly-clear\"><\/div>\n<p><span class=\"embedly-powered\" style=\"float:right;display:block\"><a target=\"_blank\" href=\"http:\/\/embed.ly\/code?url=http%3A%2F%2Fwww.economist.com%2Fnews%2Fbriefing%2F21587782-europes-electricity-providers-face-existential-threat-how-lose-half-trillion-euros\" title=\"Powered by Embedly\"><img decoding=\"async\" src=\"http:\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\" alt=\"Embedly Powered\" \/><\/a><\/span><\/p>\n<div class=\"media-attribution\"><span>via <\/span><a href=\"http:\/\/www.economist.com\" class=\"media-attribution-link\" target=\"_blank\">Economist<\/a><\/span><\/div>\n<div class=\"embedly-clear\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>How to lose half a trillion eurosON JUNE 16th something very peculiar happened in Germany&#8217;s electricity market. The wholesale price of electricity fell to minus \u20ac100 per megawatt hour (MWh). That is, generating companies were having to pay the managers &hellip; <a href=\"http:\/\/fenello.com\/oldnews\/tranzitioning\/?p=1523\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1523","post","type-post","status-publish","format-standard","hentry","category-tranzitioning"],"_links":{"self":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/1523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/comments?post=1523"}],"version-history":[{"count":0,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/1523\/revisions"}],"wp:attachment":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/media?parent=1523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/categories?post=1523"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/tags?post=1523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}