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Germany shelves Nord Stream 2 pipeline

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Re: Germany shelves Nord Stream 2 pipeline

#71

Post by fsh »

ohgodplsno wrote: post #55
unchocked wrote: post #7

Earlier quoted context omitted.

Recertification now goes through a Green energy minister. This is pretty much pulling the plug.

The "Green" energy minister that lobbied Europe to have natural gas recognized as a "green" source of energy, while doing their utmost to block any other country from moving on with nuclear ? Super green.

This is literally the opposite of what the minister has said: https://www.bmwi.de/Redaktion/EN/Meldung/20220101-eu-taxonom...

Please don't spread misinformation.

Re: Germany shelves Nord Stream 2 pipeline

#72

Post by zx85wes »

mcv wrote: post #49
zx85wes wrote: post #34

Earlier quoted context omitted.

It's been dead for a very long time. It's a carrot that Russia was never going to get. If Scholz is smart (which I doubt) he'll restart/keep open the nuclear power plants and cut taxes on gas/electricity for households to neutralise the price hikes.

I was unaware it was dead. I was under the impression that despite the brewing trouble with Russia, Germany was planning to use this pipe to buy more Russian gas. It's possible that Scholtz has different ideas about that than Merkel, I suppose.

The SPD has always been on the moderate side when it comes to Russia. His Green coalition partners are NATO hawks though.

Re: Germany shelves Nord Stream 2 pipeline

#73

Post by likecarter »

scotty79 wrote: post #48

That's dumb. What they should do instead is tax the gas that will flow through North Stream 2 to be as expensive as the one going through other routes and transfer this tax directly to Ukraine budget as aid let's say for the next 30 years, irrevocably. And possibly partially to Poland because it has very similar concerns but to a lesser degree than Ukraine.

I don’t think imposing a complicated tax structure is very compromising or intimidating towards Russia.

Re: Germany shelves Nord Stream 2 pipeline

#74

Post by mcv »

Cthulhu_ wrote: post #32
tiku wrote: post #12

Thanks Germans. Paying our gas bill will be fun here in the Netherlands.

Hopefully it'll be temporary; the Dutch government set reducing dependency on gas in motion years ago (electrification of houses, increase of green energy projects), and there are other suppliers who turned their ships around to supply to western Europe instead. I mean transport by ship will be more expensive than a direct gas pipeline, but hopefully it will be enough to avoid scarcity / loss of gas pressure. Anyway,…

My house doesn't have a gas connection anymore. Let the sanctions come.

Re: Germany shelves Nord Stream 2 pipeline

#75

Post by another_why »

PestoDiRucola wrote: post #22
Friday_ wrote: post #5

Quoted post unavailable.

It's to decrease reliance on Russian gas. If Germany is almost entirely reliant on Russian gas then they cannot impose serious sanctions on Russia without Russia shutting down the gas supply.

Russia can't "shut down the gas supply", that's their only source of income

Re: Germany shelves Nord Stream 2 pipeline

#76

Post by deepsun »

credit_guy wrote: post #45

Here's some quick numbers I just googled to understand the big picture. This pipeline has an annual capacity of 55 billion cubic meters. It's the same capacity as the Nord Stream 1, which is already in operation. If Germany was truly meaning business, they'd stop Nord Stream 1 the moment Russian boots enter Ukrainian territory. But let's leave that aside. 55 billion cubic meters translate to about 0.6 billion MWh. Th…

There are multiple alternative options, land based, as well. NS2 doesn't really change the pricing.

Re: Germany shelves Nord Stream 2 pipeline

#77

Post by mcv »

another_why wrote: post #44
eitland wrote: post #24

Earlier quoted context omitted.

Norwegian here. We are probably already raking in millions extra today as prices soars, but if there was a referendum vote tonight and if could vote to not take advantage of the situation but rather help fellow Europeans that would be my vote. I guess I am not alone.

How noble. What about poor European countries, will you pay for their gas too? Or they will pay for your opportunity of being "noble"?

That's what he's saying: help other countries instead of raking in more money.

Re: Germany shelves Nord Stream 2 pipeline

#78

Post by bungle »

_ph_ wrote: post #58
zx85wes wrote: post #34

Earlier quoted context omitted.

It's been dead for a very long time. It's a carrot that Russia was never going to get. If Scholz is smart (which I doubt) he'll restart/keep open the nuclear power plants and cut taxes on gas/electricity for households to neutralise the price hikes.

Nuclear plants are not a real replacement to gas. First of all, a lot of gas gets used for heating - nuclear isn't useful there. Then it is used for providing flexible power, to ramp up and down as quickly as possible to follow the production of renewables. Only a small fraction of the gas goes into "base load" usage. So the government might look into the nuclear power plants to dampen the price level for electricity…

> First of all, a lot of gas gets used for heating - nuclear isn't useful there

All electricity basically turns to heat at some point. So why not?

Re: Germany shelves Nord Stream 2 pipeline

#80

Post by mlatu »

> The decision comes as Europeans grapple with record-high power bills, driven in large part by a gas supply shortage.

an artificial shortage made by private investors.

the russians are selling the gas as per contract, but because it is cheaper than what you can get on the spot market, some idiots are making a quick buck by selling the cheap gas for the spot market price.

well, something like that

https://blog.fefe.de/?ts=9fb268bf

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