General > General Technical Chat

"Gas Armageddon": Energy/electricity prices in EU/UK (and how to deal with them)

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Marco:
The timing is likely due to the upcoming G7 oil price cap, trying to break unity before there's a vote.

It's all a giant game of chicken.

wraper:

--- Quote from: nctnico on September 06, 2022, 01:25:22 pm ---
--- Quote from: wraper on September 06, 2022, 11:44:46 am ---They'd build a new pipeline rather than submit IMHO.

--- End quote ---
That takes years; not a short term viable option.

You forget the easiest way out by far for the Russians is to simply get rid of Poetin and his weird ideas.

--- End quote ---
EU securing alternative sources of gas or other energy is not a short term option either.

--- Quote ---Nobody is against Russia; Poetin and his regime are the problem.
--- End quote ---
Then why sanctions target usual Russian individuals a lot? I talk with Russians occasionally and didn't notice any will to get rid of Putin, or that their live had become that much worse. Overall I see that sanctions affect me personally disproportionally more than usual Russians.

tszaboo:

--- Quote from: wraper on September 06, 2022, 11:44:46 am ---They'd build a new pipeline rather than submit IMHO.

--- End quote ---
No they are not. Maybe they would be capable to make pipes, but all the rest of the industrial machinery and all the sensors are imported. And with the current embargo they are not getting enough parts to even make do. Civil aviation is slowly hutting down, where planes are dismantled for their used parts, and pilots are told to "break less".


--- Quote ---The whole war is a battle between those two systems; between the Empire and the Foundation; between the big and the little. To seize control of a world, they bribe with immense ships that can make war, but lack all economic significance. We, on the other hand, bribe with little things, useless in war, but vital to prosperity and profits. ‘A king, or a Commdor, will take the ships and even make war. Arbitrary rulers throughout history have bartered their subjects’ welfare for what they consider honour, and glory, and conquest. But it’s still the little things in life that count – and Asper Argo won’t stand up against the economic depression that will sweep all Korell in two or three years.”
― Isaac Asimov, Foundation
--- End quote ---

nctnico:

--- Quote from: tszaboo on September 06, 2022, 02:24:20 pm ---
--- Quote from: wraper on September 06, 2022, 11:44:46 am ---They'd build a new pipeline rather than submit IMHO.

--- End quote ---
No they are not. Maybe they would be capable to make pipes, but all the rest of the industrial machinery and all the sensors are imported. And with the current embargo they are not getting enough parts to even make do. Civil aviation is slowly hutting down, where planes are dismantled for their used parts, and pilots are told to "break less".

--- End quote ---
Well, they could try to get pipeline parts from China. But it would still mean the construction of thousands of kilometers of pipeline through extremely rough terrain OR a long detour to get the gas to China. But it is not a given that China will want to buy the gas and oil.

tom66:
Especially because China buying Russian gas exposes them to the risk of sanctions from the USA.  There's really no advantage to them besides a small cut in the price per MWh, and China's economy is in enough of a deathspin right now without pissing off its biggest trading partner.

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