A few more days til August 1st. Winter is only about 2 months away. Get Nord Stream 2 started, pay in rubles and stop sending weapons and money to the Ukraine.
Pretty simple there Germany. The Germans are being as dumb as the Poles.
Old joke: How many Poles (or Norwegians, if you are a Swede) does it take to screw in a light bulb? Answer: Five. One to stand on the table holding the bulb to the socket on the ceiling, and four to turn the table.
Now. How many EU$ies does it take to open a gas tap?
It’s times like this when we should embrace global warming. Think of the thousands of working class patsies it’ll save from freezing to death with temperatures on the planet supposedly up 2% since 1980. Mind you, 10’s of thousands will still likely perish in a particularly cold snap, with grim reaper Jack Frost waiting in the wings. No, we mustn’t be selfish, we should be thankful that global warming could save up to 5% of those who might not survive to year end. I expect our leaders in the EU will toss an extra log on their fires at home to commemorate their citizens who don’t make it through December. I’ll bid you all a Merry Christmas now, lest this opportunity doesn’t present itself in the near future.
Mind you, if you really want to benefit from global warming, the only way is to huddle up on airport and air base runways, or other huge concrete or asphalt expanses that trap heat and stay a dgree or two warmer than the surrounding country.
Global warming…what an amazing term. It’s actually about climate change. It’s not always hotter everywhere on the planet. The cold days are also colder. North and East of Australia floods while the west/south west is in cold drought. El Nina…it’s a wonderful little experiment.
The western position is the classic one of biting the hand that feeds you; if they are at war with Russia because they beg for what it produces. They fool no one.
The Zionist-controlled West is doing away with Jesus’s “Love Thy Neighbor” command.
They’ve replaced it with “Hate Thy Neighbor”.
Their testing ground was Occupied Palestine where they put it into practice. While they did, the West said nothing and encouraged it. Now it’s biting them in the… real hard.
I have gone fishing. And I have plenty of firewood :). For the winter.
And Europe? I don’t really care any more.
Europe made a choice. So pay the price.
Gambling on the wrong horse…
Your Pope was in Canada and admitted that the Church and the Canadian government committed GENOCIDE against the native people. Are you going to church on Sunday and ask for forgiveness, so you can send more weapons to your Catholic Nazis to kill more people in the East. How many examples do you need to understand who are the “WARMONGERS”. How many wars did we have in the last 100 years, and tell us please who were the “WARMONGERS” if you are able to count? The leadership of your church was front and center participating in the death of thousands of Serbs, Gypsies and Jews in Croatia. Not only that, if you read the Jesuit journals you will see that south of the Rio Grands the Catholic Church participated in the death of 60 million indigenous people. Poland is the main cheer leader.
Is Western Europe gonna pay for both expensive energy and supporting the war on Russia in Ukraine? Sounds like a big ask if you ask me.
I’m not a betting man, but when this whole thing started I looked everywhere to find some place to bet on the outcome of the war. And the 1 site that had bets got shut down on second day, and not a single place on the whole planet laid odds on potential outcomes. (Because they knew the odds makers would show Ukraine had ZERO chance)
Maybe that’s why the Russian offensive is slowed–as long as the war is ongoing, Putin is letting Europe twist in the wind, unable to admit its wrongs yet unable to prepare for the coming economic tsunami. But no worries– the European armies may be useless against the rest of the world but they are more than strong enough to slaughter their own unarmed people.
LOVE this guy. I wish I could have slowed down the pace. See, I ain’t that bright, I gotta marinade the thoughts and concepts. Nonetheless, with frequent rewinds, I got it all. Excellent content. Did I mention Germany is screwed? Let me just mention…
I think Russians do not understand the situation in full. The elites in Germany and Brussels are not primarily Ru-haters, They are, first thing, gas-haters be it from Russia or Quatar. They are supported by about 25 voters, green terrorist that are mainly young voters, ages 18 to 29. Saint Greta adorants educated at progressive liberal madrasas with Harry Potter-like degrees who truly believe in solar panel farms installed in a few coming months somewhere in Africa, with Sahara being the most popular spot, and with a nice thick cable running into euroland, easy peasy lemon squeezy with a liitle help from a magic wand. Farewell to all that dirty gas, oil, coal and last but not least nuclear energy. And this bunch of morons, about 25 pct. voters, is enough for the rest of population to be held hostage by these green deal fanatics. Specifically, if the rest of population behaves like ostriches, or Jews when Herr Hitler was coming, i.e. they believe things cannot go that wrong as they seem to go. So these lunatics deliberately are going to cut off the euroland from energies and establish feudalism 2.0. Plus Russian winter in the eu bedrooms along with a brutal unemployment for some years to come.
The Russian language struggles to compete with irritating loop music in the back ground. The music entertainment fad, a YouTube amateur video production compulsory feature.
Also….
Hands and elbows etc wagging at the nostril position. Accompanied by an old portrait photo taken 20 years ago.
Male eyebrow enhancement procedures.
Bortox or fat injected into the upper lip. Same for face puffing. Example for this is the US paper clip Admiral, Kirkby what’s his name.
This is the blokes (ie males) The women have perfected the Duck Lips and Fox News, the full on Sausage Lips.
The world has gone totally insane and America leads the way with their social media as the battering ram.
This is not off topic, the Ukrainian SMO has unleashed Crowd Hysteria.
When dead Ukraine solders bodies are shown on copy and paste videos clips overlayed with inappropriate musical sound tracks that wannabe rock stars cannot sell, is beyond the pale.
The Ukrainian slaughter is no longer about Azov Battalion hNazis but pressed ganged sons , brothers, uncles , dads and grandfathers who will be tortured and murdered by their American installed Nazi government if they do not report for duty. Ie dead within13 days.
YES ! they deserve to be defeated for the 8 Year Terror of The Donbas, but not used as corpse entertainment.
The US-NATO-UK fruit and nuts cannot win or draw this SMO. So let’s go do Taiwan as well, at the same. While putting a planet wide, financial, social and moral collapse on speed dial. It’s too much for the human unit.
Bought a big lotto ticket today : want a win, so I can get out of the west and live in a small Russian community with a beautiful Church. Tell Gonzalo Lira I was listening, and l am praying as well.
(No need to speak Russian : God understands everyone’s mother tongue.)
My wife’s mother who lives in Russia, paid 20 rubles for her gas use this month – at today’s exchange rate, that is about £0.27. In the UK at current rates I can purchase about 3+ KWh of gas for that. And this winter it will get even worse.
Our leaders are killing us for the sake of Ukraine and their own false pride.
I’d like to see some reality here.
Up to now, Russia has been winning in the east (Donbas, Kherson etc). But the unlimited flow of weapons to Zelensky’s gang, especially HIMARS, seems to be making a difference.
It seems to me that Kyiv’s forces do have the initiative now in the Kherson sector.
I think that people here are underestimating the effect of the new weapons available to Ukraine, especially HIMARS.
“At night, the Ukrainians hit [HIMARS] on the prison in Yelenovka. Direct hit in the barracks with prisoners. The result as of now: 40 dead, 130 injured. While clearing debris. The numbers may increase.
“The military-political leadership of Ukraine apparently decided to get rid of unnecessary ballast”.
But if Ukraine didn’t use US-made HIMARS to attack the prison inside the DNR, who did? The Russians?? The Americans??? It can’t have been a miss, as we are continually being told how deadly accurate HIMARS is.
During this week the market price of electricity in Germany has been between 250-600 euros per MWh. Only the sky is limit to price during next winter.
The only method to block high prices is close large percentage of European economy. However EU economy has now less than 1/6 share of global GDP PPP and even Germany consumes energy just half of than of Russia and much less than India. Besides it’s very hard to decreased energy consumption in especially western Europe without serious consequences of everyday life of people. 1/4 of people are old.
Here is official Q1 2022 EU report of electricity prices:
“Q1 2022 electricity market report
The electricity market report shows how the impact of international sanctions to Russia and the fear of supply disruption have contributed for electricity prices to reach historical levels in the first quarter of 2022. The European Power Benchmark averaged 201 €/MWh in this period – 281% higher than in the first quarter of 2021. Electricity consumption decreased slightly (-1%), supported by a mild winter and the impact of high electricity prices.
The largest year-on-year electricity wholesale price increases in EU countries were registered in Spain and Portugal (+411%), Greece (343%) and France (+336%), with Italy reporting the highest quarterly average price (249 €/MWh), which was 318% higher than in the same period in 2021.
Carbon allowances registered a new peak in early February, climbing above 96 €/tCO2, fell in early March and bounced back to prices around 80-85 €/tCO2. For the first time since the rally in gas prices started, TTF prices stopped supporting the price of EU allowances.
Despite increased levels of fossil fuels generation, the share of renewable energy managed to reach 39%, outperforming fossil fuels (37%) in the first months of 2022. Compared to the first quarter of 2021, renewable generation increased its output by 1% (+1 TWh) as a result of an increase of 20% (+20 TWh) in onshore wind, 31% of solar (+8 TWh) and 8% of offshore wind (+1 TWh) on a yearly basis, despite hydro generation decreasing by 27% (-28 TWh). In the same period, a climb of 6% (+17 TWh) of fossil fuels and a drop of 9% (-16 TWh) of nuclear generation was registered.”
As we can see increasing share of renewable energy cannot block the rise of prices at all. We can actually ask are they doing the opposite. Interesting that even French nuclear energy can’t secure their situation (France has had technical issues with several nuclear plants) .
Since Q1 things have gone even much worse. The real problem started in May 2022 (EU-gas – ruble-LNG) and in July 2022 electricity prices have been very near the Dec 2021 record level. Actually Feb and March were even with rising prices not so dramatic as what happened after early days of May.
One thing should not be forgotten. Electricity prices jumped in new higher level even as early as in June 2021. So these issues have its roots much earlier that in Jan 2022 and Ukrainea. In July 2022 electricity market prices in most European countries have been around 10 times higher than in July 2020.
There has been rather significiant change where energy consumpion nowadays is concentrated. In 1990 the numbers estimated:
Europe: 1780 million equivalent ton oil
CIS countries : 1357 Mtoe
(formed USSR excluding Ukraine, Baltic States and Armenia)
North America: 2121 Mtoe
Asia: 2086 Mtoe
Latin America: 462 Mtoe
Africa: 375 Mtoe
Middle East: 223 Mtoe
2007 (year of finance crisis) :
Europe: 1964 million equivalent ton oil
CIS countries : 989 Mtoe
North America: 2615 Mtoe
Asia: 4156 Mtoe
Latin America: 738 Mtoe
Africa: 611 Mtoe
Middle East: 543 Mtoe
2021:
Europe: 1787 million equivalent ton oil
CIS countries : 1124 Mtoe (Russia 811 Mtoe)
North America: 2412 Mtoe
Asia: 6310 Mtoe (China+ India 4579 Mtoe, Japan +S. Korea 698 Mtoe )
Latin America: 805 Mtoe
Africa: 874 Mtoe
Middle East: 760 Mtoe
Total consumption: 14072 Mtoe of which only 12,7% consumed in Europe. In 1990 the share estimated 21,2%. So during one generation the European weight of global real economy following energy consumption figures has been shrinking quite fast. China and India will consume more energy that Europe, North America, Japan and South Korea all together perhaps even as soon as in 2023. Energy is needed where production and producers has largely been located.
If Putin wanted peace he would give Europe free gas because of empathy for vulnerable innocent European citizens who have done nothing wrong, always been working hard, paying all their bills and only have charity noodles from China to put in their soup.
When Putin doesnt do that its because Putin wants global power. Putin wants to destroy all our freedom and dominate the whole planet with his Full Spectrum Global Oil/Gas/Gold Dominance. This is why we all are freezing in old shoes and a thin cotton coat and without even a single gold coin. Because of Putin.
I never saw a level of stupidity like I am seeing in Europe in the last months. The solution is pretty simple, but the vassalage is huge. The sovereignty of the european countries is dead and their way of life under serious risk.
Like it or not, Europe is the cradle of western civilization.
Plese stop repeating that Ghandi crap. It’s annoying.
——————————————————————————-
Really?
How annoying?
By the time Muslims arrived in Eurostan, “the cradle of civilization” had their feces running as rivers on the street. It was Muslims that brought aqueducts and taught the “cradle of civilization” how to be civilized. Thousands of years before Eurostan got populated, civilizations all over the world were thriving.
Highly developed civilizations in Africa, Asia, and what is now Latin America, preceded what would become bastard Europe. Greek philosophers? They came late. Taoist philosophers had already figured out the main existential questions for humanity. Mayan mathematicians had already discover “zero” before Eurostan knew anything about mathematics. Chinese astronomers had already figured out the skies for navigation.
Eurostan is the result of their rapacious pillage done to the rest of the world, Asia, Africa, and Latin America, through their brutal and criminal colonization of weaker countries that lasted for centuries, stealing their wealth in natural resources.
That was the primitive accumulation of capital for Eurobastardstan.
Eurostan is no “cradle of civilization,” unless we believe their “mission civilisatrice” was to kill millions of people all over the world to build their empires in Eurostan.
Is their such a thing as “European culture,” in a continent lost to depravity, degeneracy, drugs, sex, and alcohol, where their ruling classes went in their entirety to support neo-nazis?
The culture of a nation or a group of nations, such as is the case of Europe, is seen in their praxis, and what better example do we have than the Eurobastards foaming at the mouth, Russophobic hate for a nation that freed them from the slavery of German nazism?
A few more days til August 1st. Winter is only about 2 months away. Get Nord Stream 2 started, pay in rubles and stop sending weapons and money to the Ukraine.
Pretty simple there Germany. The Germans are being as dumb as the Poles.
Quite impossible but I get the rhetorical flourish.
Old joke: How many Poles (or Norwegians, if you are a Swede) does it take to screw in a light bulb? Answer: Five. One to stand on the table holding the bulb to the socket on the ceiling, and four to turn the table.
Now. How many EU$ies does it take to open a gas tap?
A couple of hundred thousand – with weapons – to persuade the politicians that disobeying the Yanks will hurt less than the alternative.
Winter only starts in December. But October can we cold with snow. Most likely not, but it is possible.
It’s times like this when we should embrace global warming. Think of the thousands of working class patsies it’ll save from freezing to death with temperatures on the planet supposedly up 2% since 1980. Mind you, 10’s of thousands will still likely perish in a particularly cold snap, with grim reaper Jack Frost waiting in the wings. No, we mustn’t be selfish, we should be thankful that global warming could save up to 5% of those who might not survive to year end. I expect our leaders in the EU will toss an extra log on their fires at home to commemorate their citizens who don’t make it through December. I’ll bid you all a Merry Christmas now, lest this opportunity doesn’t present itself in the near future.
Mind you, if you really want to benefit from global warming, the only way is to huddle up on airport and air base runways, or other huge concrete or asphalt expanses that trap heat and stay a dgree or two warmer than the surrounding country.
You know, where all the thermometers whose readings are used to support global warming are carefully placed. https://wattsupwiththat.com/2022/07/27/new-surface-stations-report-released-its-worse-than-we-thought/
Global warming…what an amazing term. It’s actually about climate change. It’s not always hotter everywhere on the planet. The cold days are also colder. North and East of Australia floods while the west/south west is in cold drought. El Nina…it’s a wonderful little experiment.
It’s La Niña and El Niño. But yes, it well explains Dorothea Mackellar’s famous line “Of droughts and flooding rains.”
Good thinking. I knew there was a solution. Even if it means certain death either way for 95%.
The western position is the classic one of biting the hand that feeds you; if they are at war with Russia because they beg for what it produces. They fool no one.
The Zionist-controlled West is doing away with Jesus’s “Love Thy Neighbor” command.
They’ve replaced it with “Hate Thy Neighbor”.
Their testing ground was Occupied Palestine where they put it into practice. While they did, the West said nothing and encouraged it. Now it’s biting them in the… real hard.
The LAW that changed the world:
https://biblicisminstitute.wordpress.com/articles/wisdom/#lawchangedworld
I have gone fishing. And I have plenty of firewood :). For the winter.
And Europe? I don’t really care any more.
Europe made a choice. So pay the price.
Gambling on the wrong horse…
EU made a choice to sanction a warmongering state.. Hmm keep themselves reliant on tyrants or try to be independent. It truly is gambling.
Which warmongering state do you mean – the US/UK/EU/NATO?
Can’t be – none of them are ever sanctioned.
Your Pope was in Canada and admitted that the Church and the Canadian government committed GENOCIDE against the native people. Are you going to church on Sunday and ask for forgiveness, so you can send more weapons to your Catholic Nazis to kill more people in the East. How many examples do you need to understand who are the “WARMONGERS”. How many wars did we have in the last 100 years, and tell us please who were the “WARMONGERS” if you are able to count? The leadership of your church was front and center participating in the death of thousands of Serbs, Gypsies and Jews in Croatia. Not only that, if you read the Jesuit journals you will see that south of the Rio Grands the Catholic Church participated in the death of 60 million indigenous people. Poland is the main cheer leader.
There were huge demonstrations against the Pope and his “apology.” My favorite banner read:
FUCK YOUR APOLOGY. WE WANT OUR LAND BACK!
Is Western Europe gonna pay for both expensive energy and supporting the war on Russia in Ukraine? Sounds like a big ask if you ask me.
I’m not a betting man, but when this whole thing started I looked everywhere to find some place to bet on the outcome of the war. And the 1 site that had bets got shut down on second day, and not a single place on the whole planet laid odds on potential outcomes. (Because they knew the odds makers would show Ukraine had ZERO chance)
@ Saker Translation Collective
Thanks a million!!!
A message with a punch.
Putin’s punch.
Who was going to believe Eurostan, the “cradle” of “Western civilization” was going to become so stupidly shortsighted?
Unbelievable.
Russia’s SMO has been a catalyst to expose the gross and blatant idiocy of the ruling classes in an entire continent.
It brings to memory an interview to Mahatma Gandhi.
Journalist: “Mr Gandhi, what do you think of Western civilization?”
Mr. Gandhi: “I think it would be a good idea.”
Lone Wolf
Like it or not, Europe is the cradle of western civilization.
Plese stop repeating that Ghandi crap. It’s annoying.
The truth hurts.
Venezia, where slave trade, snitch systems, divide and conquer and usury loans were finally organised to an industrial scale.
I visited Venice a few months ago – the amount of looted art is simply jaw dropping.
Perhaps Europe is the cradle of western civilisation, but there are many other non-European civilisations.
Putin lives in a nice, warm and comfortable place. The head of the Western elites! And rent free with lots of space!
Russia must have No compassion Europe. The European Ingrates Must be destroyed.
Maybe that’s why the Russian offensive is slowed–as long as the war is ongoing, Putin is letting Europe twist in the wind, unable to admit its wrongs yet unable to prepare for the coming economic tsunami. But no worries– the European armies may be useless against the rest of the world but they are more than strong enough to slaughter their own unarmed people.
Yes let’s say our enemies are less than human and have no compassion :’) Reminds me of some other great empire that briefly existed.
LOVE this guy. I wish I could have slowed down the pace. See, I ain’t that bright, I gotta marinade the thoughts and concepts. Nonetheless, with frequent rewinds, I got it all. Excellent content. Did I mention Germany is screwed? Let me just mention…
Hit the settings (small cog) and you can change the speed. 0.75x will do it.
Also would like to offer a huge thanks to the Saker translation volunteers. Great job, thank you.
Kind regards.
I think Russians do not understand the situation in full. The elites in Germany and Brussels are not primarily Ru-haters, They are, first thing, gas-haters be it from Russia or Quatar. They are supported by about 25 voters, green terrorist that are mainly young voters, ages 18 to 29. Saint Greta adorants educated at progressive liberal madrasas with Harry Potter-like degrees who truly believe in solar panel farms installed in a few coming months somewhere in Africa, with Sahara being the most popular spot, and with a nice thick cable running into euroland, easy peasy lemon squeezy with a liitle help from a magic wand. Farewell to all that dirty gas, oil, coal and last but not least nuclear energy. And this bunch of morons, about 25 pct. voters, is enough for the rest of population to be held hostage by these green deal fanatics. Specifically, if the rest of population behaves like ostriches, or Jews when Herr Hitler was coming, i.e. they believe things cannot go that wrong as they seem to go. So these lunatics deliberately are going to cut off the euroland from energies and establish feudalism 2.0. Plus Russian winter in the eu bedrooms along with a brutal unemployment for some years to come.
There is a belief the West has not thought this war out.
Russia may have been preparing for war but Washington and the West have been preparing for a fight to the ideological death for a long time.
I believe the scamdemic was a prelude…to harden up the populace in the West for hard times.
These neo-cons want the world to be a multicultural freak show where they rule…and they don’t give a damn about human cost.
Hell there are 8 billion lives they can spend for their goals.
The Russian language struggles to compete with irritating loop music in the back ground. The music entertainment fad, a YouTube amateur video production compulsory feature.
Also….
Hands and elbows etc wagging at the nostril position. Accompanied by an old portrait photo taken 20 years ago.
Male eyebrow enhancement procedures.
Bortox or fat injected into the upper lip. Same for face puffing. Example for this is the US paper clip Admiral, Kirkby what’s his name.
This is the blokes (ie males) The women have perfected the Duck Lips and Fox News, the full on Sausage Lips.
The world has gone totally insane and America leads the way with their social media as the battering ram.
This is not off topic, the Ukrainian SMO has unleashed Crowd Hysteria.
When dead Ukraine solders bodies are shown on copy and paste videos clips overlayed with inappropriate musical sound tracks that wannabe rock stars cannot sell, is beyond the pale.
The Ukrainian slaughter is no longer about Azov Battalion hNazis but pressed ganged sons , brothers, uncles , dads and grandfathers who will be tortured and murdered by their American installed Nazi government if they do not report for duty. Ie dead within13 days.
YES ! they deserve to be defeated for the 8 Year Terror of The Donbas, but not used as corpse entertainment.
The US-NATO-UK fruit and nuts cannot win or draw this SMO. So let’s go do Taiwan as well, at the same. While putting a planet wide, financial, social and moral collapse on speed dial. It’s too much for the human unit.
Bought a big lotto ticket today : want a win, so I can get out of the west and live in a small Russian community with a beautiful Church. Tell Gonzalo Lira I was listening, and l am praying as well.
(No need to speak Russian : God understands everyone’s mother tongue.)
Germany should be happy. They wanted to get to net zero but dithered and slithered. Now Russia is helping them get there.
My wife’s mother who lives in Russia, paid 20 rubles for her gas use this month – at today’s exchange rate, that is about £0.27. In the UK at current rates I can purchase about 3+ KWh of gas for that. And this winter it will get even worse.
Our leaders are killing us for the sake of Ukraine and their own false pride.
I’d like to see some reality here.
Up to now, Russia has been winning in the east (Donbas, Kherson etc). But the unlimited flow of weapons to Zelensky’s gang, especially HIMARS, seems to be making a difference.
It seems to me that Kyiv’s forces do have the initiative now in the Kherson sector.
I think that people here are underestimating the effect of the new weapons available to Ukraine, especially HIMARS.
That’s what the West want you to think.
“But the unlimited flow of weapons to Zelensky’s gang, especially HIMARS, seems to be making a difference”.
Yes.
https://cont-ws.translate.goog/@Taksist1964/2341015?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=auto
“At night, the Ukrainians hit [HIMARS] on the prison in Yelenovka. Direct hit in the barracks with prisoners. The result as of now: 40 dead, 130 injured. While clearing debris. The numbers may increase.
“The military-political leadership of Ukraine apparently decided to get rid of unnecessary ballast”.
(Indifferent Google auto-translation).
Also:
“Over 50 Ukrainian prisoners of war reportedly killed in shelling”
https://www.aa.com.tr/en/russia-ukraine-war/over-50-ukrainian-prisoners-of-war-reportedly-killed-in-shelling/2648513#
“Kuleba claimed Ukraine did not attack the prison in Yelenovka”
https://apa.az/en/europe/kuleba-claimed-ukraine-did-not-attack-the-prison-in-yelenovka-381864
But if Ukraine didn’t use US-made HIMARS to attack the prison inside the DNR, who did? The Russians?? The Americans??? It can’t have been a miss, as we are continually being told how deadly accurate HIMARS is.
These prisoners were a little too open mouthed. Thats why. Kiev was only sending a signal after NATO military standard.
During this week the market price of electricity in Germany has been between 250-600 euros per MWh. Only the sky is limit to price during next winter.
The only method to block high prices is close large percentage of European economy. However EU economy has now less than 1/6 share of global GDP PPP and even Germany consumes energy just half of than of Russia and much less than India. Besides it’s very hard to decreased energy consumption in especially western Europe without serious consequences of everyday life of people. 1/4 of people are old.
Here is official Q1 2022 EU report of electricity prices:
“Q1 2022 electricity market report
The electricity market report shows how the impact of international sanctions to Russia and the fear of supply disruption have contributed for electricity prices to reach historical levels in the first quarter of 2022. The European Power Benchmark averaged 201 €/MWh in this period – 281% higher than in the first quarter of 2021. Electricity consumption decreased slightly (-1%), supported by a mild winter and the impact of high electricity prices.
The largest year-on-year electricity wholesale price increases in EU countries were registered in Spain and Portugal (+411%), Greece (343%) and France (+336%), with Italy reporting the highest quarterly average price (249 €/MWh), which was 318% higher than in the same period in 2021.
Carbon allowances registered a new peak in early February, climbing above 96 €/tCO2, fell in early March and bounced back to prices around 80-85 €/tCO2. For the first time since the rally in gas prices started, TTF prices stopped supporting the price of EU allowances.
Despite increased levels of fossil fuels generation, the share of renewable energy managed to reach 39%, outperforming fossil fuels (37%) in the first months of 2022. Compared to the first quarter of 2021, renewable generation increased its output by 1% (+1 TWh) as a result of an increase of 20% (+20 TWh) in onshore wind, 31% of solar (+8 TWh) and 8% of offshore wind (+1 TWh) on a yearly basis, despite hydro generation decreasing by 27% (-28 TWh). In the same period, a climb of 6% (+17 TWh) of fossil fuels and a drop of 9% (-16 TWh) of nuclear generation was registered.”
https://ec.europa.eu/info/news/high-volatility-and-geopolitical-tensions-impact-electricity-and-gas-market-developments-q1-2022-2022-jul-08_en
My comment:
As we can see increasing share of renewable energy cannot block the rise of prices at all. We can actually ask are they doing the opposite. Interesting that even French nuclear energy can’t secure their situation (France has had technical issues with several nuclear plants) .
Since Q1 things have gone even much worse. The real problem started in May 2022 (EU-gas – ruble-LNG) and in July 2022 electricity prices have been very near the Dec 2021 record level. Actually Feb and March were even with rising prices not so dramatic as what happened after early days of May.
One thing should not be forgotten. Electricity prices jumped in new higher level even as early as in June 2021. So these issues have its roots much earlier that in Jan 2022 and Ukrainea. In July 2022 electricity market prices in most European countries have been around 10 times higher than in July 2020.
There has been rather significiant change where energy consumpion nowadays is concentrated. In 1990 the numbers estimated:
Europe: 1780 million equivalent ton oil
CIS countries : 1357 Mtoe
(formed USSR excluding Ukraine, Baltic States and Armenia)
North America: 2121 Mtoe
Asia: 2086 Mtoe
Latin America: 462 Mtoe
Africa: 375 Mtoe
Middle East: 223 Mtoe
2007 (year of finance crisis) :
Europe: 1964 million equivalent ton oil
CIS countries : 989 Mtoe
North America: 2615 Mtoe
Asia: 4156 Mtoe
Latin America: 738 Mtoe
Africa: 611 Mtoe
Middle East: 543 Mtoe
2021:
Europe: 1787 million equivalent ton oil
CIS countries : 1124 Mtoe (Russia 811 Mtoe)
North America: 2412 Mtoe
Asia: 6310 Mtoe (China+ India 4579 Mtoe, Japan +S. Korea 698 Mtoe )
Latin America: 805 Mtoe
Africa: 874 Mtoe
Middle East: 760 Mtoe
Total consumption: 14072 Mtoe of which only 12,7% consumed in Europe. In 1990 the share estimated 21,2%. So during one generation the European weight of global real economy following energy consumption figures has been shrinking quite fast. China and India will consume more energy that Europe, North America, Japan and South Korea all together perhaps even as soon as in 2023. Energy is needed where production and producers has largely been located.
Source: https://yearbook.enerdata.net/total-energy/world-consumption-statistics.html
If Putin wanted peace he would give Europe free gas because of empathy for vulnerable innocent European citizens who have done nothing wrong, always been working hard, paying all their bills and only have charity noodles from China to put in their soup.
When Putin doesnt do that its because Putin wants global power. Putin wants to destroy all our freedom and dominate the whole planet with his Full Spectrum Global Oil/Gas/Gold Dominance. This is why we all are freezing in old shoes and a thin cotton coat and without even a single gold coin. Because of Putin.
I never saw a level of stupidity like I am seeing in Europe in the last months. The solution is pretty simple, but the vassalage is huge. The sovereignty of the european countries is dead and their way of life under serious risk.
Yet they are like William Sidis when compared to Tommy
@ Manci on July 29, 2022 · at 11:53 pm EST/EDT
Like it or not, Europe is the cradle of western civilization.
Plese stop repeating that Ghandi crap. It’s annoying.
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Really?
How annoying?
By the time Muslims arrived in Eurostan, “the cradle of civilization” had their feces running as rivers on the street. It was Muslims that brought aqueducts and taught the “cradle of civilization” how to be civilized. Thousands of years before Eurostan got populated, civilizations all over the world were thriving.
Highly developed civilizations in Africa, Asia, and what is now Latin America, preceded what would become bastard Europe. Greek philosophers? They came late. Taoist philosophers had already figured out the main existential questions for humanity. Mayan mathematicians had already discover “zero” before Eurostan knew anything about mathematics. Chinese astronomers had already figured out the skies for navigation.
Eurostan is the result of their rapacious pillage done to the rest of the world, Asia, Africa, and Latin America, through their brutal and criminal colonization of weaker countries that lasted for centuries, stealing their wealth in natural resources.
That was the primitive accumulation of capital for Eurobastardstan.
Eurostan is no “cradle of civilization,” unless we believe their “mission civilisatrice” was to kill millions of people all over the world to build their empires in Eurostan.
Is their such a thing as “European culture,” in a continent lost to depravity, degeneracy, drugs, sex, and alcohol, where their ruling classes went in their entirety to support neo-nazis?
The culture of a nation or a group of nations, such as is the case of Europe, is seen in their praxis, and what better example do we have than the Eurobastards foaming at the mouth, Russophobic hate for a nation that freed them from the slavery of German nazism?
Lone Wolf
Nord Stream 2 hasn’t been certified