>1.5 trillion
Excuse me? What the fuck?
How much?
Take that Putin
He sanctioned?
lol lmfao.
this simply means the power companies need to put that much total in collateral in the case they wouldn't be able to deliver what they sell, the buyer still gets power
i'm sorry but we need that money for ukraine.
>Sanctions itself.
you get the money back when you deliver what you sold on market
Will they be able to deliver? Why is so much collateral demanded?
>Why is so much collateral demanded?
so if the company that made promise can't deliver, the buyer still get his energy, paid with the collateral, and if prices are expected to keep going up, it has to be covered
thank you user
god bless finland
How does this work? If a collateral representing a large % of the value is required, doesn't that mean there is a very low confidence in their ability to deliver?
This cannot actually be true? I know my country is basically some mining companies and a bunch of city retards but that's almost our entire GDP.
Based
Forgot bertan oil
>How does this work?
they're asking for high price for future delivery so the collateral is also large
Didn't forget it, just didn't feel the need to mention it. Luv me Bertan oil
This is fine.
Take that, Putin!
Just print more dollaridoos.