Blackout News Friday: Germany, Europe Teeter On The Economic Brink As Energy Crisis Intensifies

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The Green New Deal in Europe is quickly turning into a House of Horrors

One excellent site with all the late latest energy crisis developments in Germany and Europe is Blackout News here. Here are some of the more notable headlines of the past week:

Europe’s largest aluminum plant cuts production by 22% due to energy costs

Deindustrialization

Europe’s largest aluminum smelter, Aluminum Dunkerque Industries France, will cut production by 22% due to rising electricity prices, thus putting the industry’s existence at risk and increasing Europe’s dependency on foreign suppliers.

High energy prices: Municipal utilities running into payment difficulties

Struggling utilities

German municipal utilities, who supply gas and power to their communities, are running into liquidity problems as suppliers of electricity and gas demand large sums as security guarantees before deliveries. Around 200 of the 900 German municipal utilities are affected.

The municipal utilities also “have to reckon with payment defaults by their customers on an unprecedented scale. Consumers have to cope with price increases of over 50% in some cases, which many will not be able to cope with”

Eight to 15% of consumers are expected to not to be able to pay.

It’s a serious danger signal because if they get into trouble, an economic crisis is usually not far away.

Exploding energy costs: economists sound the alarm

Hostile business environment in Germany

The German economy is reeling from exploding energy costs as insolvencies escalate and even once robust companies collapse. A number of industrial companies have imposed production stops or drastically reduced production – because of the skyrocketing energy costs. BDI industry association president Siegfried Russwurm warns that the spiraling  energy prices are driving companies away.

In the latest BDI survey, 90% of all companies are severely challenged by the sharp rise in energy and raw material prices. In February 2022, the figure was just 23%.

France plans rolling blackouts this coming winter

Extreme power shortages in France

France normally generates a good 70 percent of its electricity from nuclear power plants but its power supply is massively at risk as 24 of the 56 reactors are off the grid due to repairs and maintenance.  The country is now planning rolling blackouts should there be corresponding supply problems.

French utility RTE reports “it is clear that the country will not be able to produce enough electricity during the winter months unless consumers drastically reduce their power consumption.” As a result, the utility expects there may be rolling blackouts during the winter.

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If this keeps up, Europe might quickly turn into a continent of starving and freezing beggars. Watch for Europe to be looking at a new Enabling Act.

Willkommen and bienvenue! Welcome to the Green New Deal!




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23 responses to “Blackout News Friday: Germany, Europe Teeter On The Economic Brink As Energy Crisis Intensifies”

  1. Hello

    https://de.zxc.wiki/wiki/Kohlekraftwerk_Moorburg

    The Moorburg power plant, opened in 2015, was one of the most modern, innovative and efficient coal-fired power plants in Europe. With its two units, it was able to generate 11 terawatt hours of electricity per year, each with an output of 827 megawatts. This was enough for the entire Hamburg region. It was shut down in 2021 after only six years of operation. Now it is to be completely demolished. There is hardly any other example that more impressively illustrates the complete suicidal insanity of German energy policy.

    First of all, it is an ultimate MCA in economic and business terms to build by far the most modern, efficient and cleanest coal-fired power plant in Europe at a cost of almost three billion euros – only to demolish it again and dispose of it at great expense.

    Above all, however, Germany is depriving itself of an important and flexible factor in its energy security: coal-fired power plants of this type are able to react quickly to fluctuations resulting from the highly volatile and practically unpredictable feed-in of renewables (“flutter power” and the like). They would therefore be particularly suitable in the current situation to substitute our gas-fired power plants.

    From a technical point of view and under today’s conditions, especially in view of the existential energy crisis, this destruction of a proven and highly functional technology is a decision that is as ideologically motivated as it is costly. This insane policy of the Hamburg Senate, namely of the Green Senator for the Environment Jens Kerstan, no longer has anything to do with common sense.

    Attentive contemporaries are now even asking themselves whether this undertaking might be deliberate political sabotage – with the intention of ruining the already ailing economy, further weakening Germany as an industrial location and concretely endangering internal security?

    Btw., Germany also had the safest nuclear power plants in the world before the “globalists” shut them down by the executive hand of their faithful servant Merkel.

    1. Hello
  2. Hello

    test

  3. Hello

    Watch the 2 Youtube documenatries
    “Decadence – Embracing a downfall”
    and “The Uncertainty Has Settled”.

  4. Hello

    Watch “Decadence – Embracing a down-
    fall” & “The Uncertainty Has Settled”.

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  11. Hello
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  13. voza0db

    WE, the herds of european modern moron slaves, are only getting what we deserve.

    We aren’t doing anything to avoid the destruction of Europe that the scoundrels and terrorists from the european commission, parliament and almost all governments (very rare exceptions) are engaged in doing.

    At least we still have the WWW to entertain ourselves… Maybe this is why we aren’t doing nothing.

    Be good slaves…

  14. Blackout News Friday: Germany, Europe Teeter on The Economic Brink as Energy Crisis Intensifies - The Crude Truth

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  15. drumphish

    We don’t need no stinkin’ gas. Who wants electricity? Starving and freezing only lasts for so long, after that, there’ll be no worries.

    You will have nothing and be happy! Says who?

    Hydrocarbons are kind of important, donchathink?

    The road to hell is paved with good intentions, or so they say.

    Klaus, Judas Goat himself, leads sheep to slaughter on that hellbound train.

    Way to go, Klaus! You know Klaus’ intentions are not going to make you happy, you’ll have nothing. Have to save the earth, not you.

    Klaus might as well keep digging deeper all the way to hell, no way out then.

    Stockholm Syndrome all over again. Germans are victims, along with everybody else, still everybody and his uncle is at fault.

    You are being had, duped, hoodwinked, robbed, costs an arm and a leg, literally.

    Fun living in denial, might makes right, Putin has that figured out.

    Time to negotiate, without the WEF sticking its nose into any of the business.

    We don’t need no stinking WEF!

    Ain’t no new world order, isolationism is happening.

    More cow bell!

    More war!

    Peace

  16. Blackout News Friday: Germany, Europe Teeter on The Economic Brink as Energy Crisis Intensifieson September 16, 2022 at 10:00 pm - Always Bet On Black

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  17. Posa

    “If this keeps up, Europe might quickly turn into a continent of starving and freezing beggars.”

    The Green eco-fascists have always said that modern industrial economies are not sustainable. So energy shortages are the fast path to a post-industrial sustainable economy (minus billions of people).

    This is what Good Germans have voted to implement for decades.

  18. RoHa

    Sheer lack of forethought.

    The Aluminum Dunkerque Industries France should have set up their factory next to a fast-flowing stream. Then they could have set up a waterwheel and run the aluminium production from that.

  19. voza0db

    Some FUN NEWS from Germany…
    Hail Sanctions

    Angry Customers Demand Explanation As German Energy Bills Soar
    Some become aggressive out of frustration, others are in tears and need psychological support” Ingbert Liebing, head of local utilities organization VKU, told Reuters, commenting on the spike in customer calls to utilities’ service centers.

    Remember fellow modern moron slaves NOT to go after the ones REALLY CAUSING the problem (aka European Commission, Ursula von der Leyen and German Chancellor Olaf Scholz and the sanctions they came up with!) just do the usual stuff!

    Cry a little more… that might work.

    Maybe start asking for Ursula von der Leyen address and bank account number so she can pay the bills. (She said to send them to Russia/Putin to pay!)

  20. Blackout News Friday: Germany, Europe Teeter on The Economic Brink as Energy Crisis Intensifieson September 21, 2022 at 1:51 pm - Always Bet On Black

    […] From the NoTricksZone […]

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