$VER (-1,7 %) Verbund has many pumped storage power plants, the "peak electricity" can be sold easily and at a high price when others urgently need electricity, or bought at a negative price when others have too much electricity.
Since this YT short was just shown to me, and I am a Verbund shareholder, I didn't want to withhold this fun from you on Saturday evening 🤣
https://youtube.com/shorts/I8_KUQqhv_A?si=-brHqt9ivcOanVS2
PS: Years ago, a German business magazine once wrote "The Austrians are popping the champagne corks twice"
Enjoy the weekend!