European energy crisis: “The worst winter we’ve seen since the 1970s”

It’s summer and yet some parts of Germany are already dimming lights and reducing the temperature, restricting shower times or even closing swimming pools. Meanwhile in the UK, energy prices are up four fold compared to a couple of years ago. Both nations are bringing back coal power, which is unthinkable enough on its own (in a 2021 climate-religion kind of way) yet even that isn’t enough. Winter is coming…

Germany dims the lights to cope with Russia gas supply crunch Financial Times, 8 July 2022

Germany is rationing hot water, dimming its street lights and shutting down swimming pools as the impact of its energy crunch begins to spread from industry to offices, leisure centres and homes.

A huge increase in gas prices triggered by Russia’s move last month to sharply reduce supplies to Germany has plunged Europe’s biggest economy into its worst energy crisis since the oil price shock of 1973.

Gas importers and utilities are fighting for survival while consumer bills are going through the roof, with some warning of rising friction.

“The situation is more than dramatic,” said Axel Gedaschko, head of the federation of German […]