Germany’s Reaction To The Energy Crisis Could Be Catastrophic
— via my feedly newsfeed
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These rising power prices in Europe are fueling inflation, and Trafigura has warned that Europe could experience rolling blackouts if this winter turns out to be a cold one. Meanwhile, natural gas flows from Russia are a big question mark, with tensions over Nord Stream 2 and Russia’s possible invasion of Ukraine exacerbating Europe’s power situation.
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The article cites German switch from nuclear and gas to renewable electric with all new construction being required to use electric heat pumps.
Since every bad idea in Europe seems to flow to the USA, it would behoove folks to examine how they are going to stay warm in the coming DECADE. Even in non-SHTF planning, higher “energy” costs may mean that alternatives might be critical — in terms of budget, availability, or outages.
At the very least, some insulation and other energy saving investments might cost less now before “everyone wants them” and give a great ROI.