Re:Germany’s biggest companies are ditching the fatherland
by gmerc on Sunday July 16, 2023 @01:22AM
(#36743944)
Not missing the point at all. it’s two different issues and the same root cause.
Availability of sufficient power reserves not bound to Russia would alleviate many industrial cost issues right now. Costs are up primarily because cheap power is gone.
The chemical industry requiring gas is a separate problem with a similar root cause - supply monoculture. Germany built its first LNG terminal last year, before that it was Russian gas because it was cheap and it was betting on Northstream.
Lack of supply diversity, failure to plan, ideological blinders and good old corruption.
The article is missing the point by failing root cause analysis.
Re:Germany’s biggest companies are ditching the fatherland
by nradov on Monday July 17, 2023 @12:01AM
(#36753918)
LNG imports won't make chemical manufacturing viable again in Germany. Too expensive. Those industries will relocate closer to the sources where they can connect directly to pipelines.
Availability of sufficient power reserves not bound to Russia would alleviate many industrial cost issues right now. Costs are up primarily because cheap power is gone.
The chemical industry requiring gas is a separate problem with a similar root cause - supply monoculture. Germany built its first LNG terminal last year, before that it was Russian gas because it was cheap and it was betting on Northstream.
Lack of supply diversity, failure to plan, ideological blinders and good old corruption.
The article is missing the point by failing root cause analysis.