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Bullboard - Stock Discussion Forum Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s):  PEYUF

Energy Oil & Gas E&P
Peyto Exploration & Development Corp. is a Canada-based oil and natural gas company. The Company conducts exploration, development and production activities in Canada. It is a Canadian energy company involved in the development and production of natural gas, oil and natural gas liquids in Alberta’s deep basin. The Company’s total Proved plus Probable reserves are 5.6 trillion cubic feet... see more

TSX:PEY - Post Discussion

Peyto Exploration & Development Corp > The Law of Unintended Consequences
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Post by topdop on Jan 17, 2022 8:26am

The Law of Unintended Consequences

UK power prices spike amid "extreme wind lull":
  • Power prices for Monday evening surged to the highest in a month, jumping to £1,161/MWh amid lower wind speeds.
  • Wind output is forecast below 1.5GW compared with a 10=-day average of 6.3GW.
  • The spike reflects the increasing fragility of the UK energy market, given the fleet of nuclear reactor closures.
  • Gas was meeting 39% of energy demand on Monday morning, wind 26% and coal 4% - according to theNational Grid.
Comment by Eigen337 on Jan 17, 2022 11:56am
This post has been removed in accordance with Community Policy
Peyto Exploration & Development Corp
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