You're not missing anything. Its extremely uninteresting and nothing out of the ordinary in the early phases of large infrastructure projects. I guess EU/Denmark/power generation is a sure thing to reach the HN front page nowadays.
The Danish traders are parasites on the energy infrastructure earning billions in arbitrage fees taking advantage of being the transit of Norwegian and Swedish power exports. All I can see from the EU energy market is an enormous wealth transfer from the users to the middle men. The market does not work unless the goal is to enrich the financial elite.
Spain tried to kick out all the bankers (in this case "the jews"). It was a financial disaster.
That you don't understand financial markets doesn't mean the realities of those marks won't hurt you really really badly if you try to adjust it with communist misapprehensions.
So a bureaucratic dispute between Sweden and the EU has led to an infrastructure project being paused.
This sounds... exceptionally uninteresting. Am I missing something here?
Or is this just a dog whistle for the HN crowd who like to complain about anything related to EU regulations?
You're not missing anything. Its extremely uninteresting and nothing out of the ordinary in the early phases of large infrastructure projects. I guess EU/Denmark/power generation is a sure thing to reach the HN front page nowadays.
So congestion revenues are essentially arbitrage?
Is that something that really requires that much more regulation? If there's one thing markets tend to be good at solving it's arbitrage.
The Danish traders are parasites on the energy infrastructure earning billions in arbitrage fees taking advantage of being the transit of Norwegian and Swedish power exports. All I can see from the EU energy market is an enormous wealth transfer from the users to the middle men. The market does not work unless the goal is to enrich the financial elite.
Danskjävlar
De är bittra att de förlorade Skåne
Spain tried to kick out all the bankers (in this case "the jews"). It was a financial disaster.
That you don't understand financial markets doesn't mean the realities of those marks won't hurt you really really badly if you try to adjust it with communist misapprehensions.