THE VIDEO SHELF · european energy markets
Yanis Varoufakis exposes Europe's energy scam
Yanis Varoufakis argues that Europe's electricity price spikes stem from how the energy market was designed and privatised, plus corporate profiteering. He proposes ways out.
Why HN readers recommended it
Cited in UK and European electricity price threads as an explanation of marginal pricing and market design.
This is a summary from the source dataset, not an endorsement by Hacker News or the video creator.
Video & recommendation details
- Creator / channel
- DiEM25
- Topic
- european energy markets
- Format
- commentary
- Level
- general
- HN recommenders in dataset
- 2
- HN mentions in dataset
- 3
- Recommendation years in dataset
- 2024–2026
These counts and years describe the included Hacker News records; they are not YouTube views or the video’s publication date.
From the original HN conversations
Excerpts from the recorded comments. Follow each source for the full comment and surrounding discussion.
Yanis Varoufakis should enlighten you, ie if you can really understand what is going on. [LINK] TLDR version - [VIDEO] This is why. Prices are set by what electricity retailers think the "market will bear". Unlike suppliers bidding in which the lowest price wins, our …
vfclists on Hacker News · 2024-09
In Wind Becomes Britain's Largest Electricity SourceImportant to remember the process of privitisation that occurred and the opportunities for profiteering that the new complexity allowed. Yanis Varoufakis discusses it at length here: [VIDEO] He characterises the energy market as a scam. I tend to agree.
tmnvix on Hacker News · 2024-12
In Why are UK electricity bills so expensive?
Summaries, classifications and recommendation records are from the HackerTube source dataset. Read about this library and its limitations.