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From: =?UTF-8?Q?Cardinal_de_H=c3=a8re?= <cardR@gmail.com>
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Subject: =?UTF-8?Q?Bloomberg_=3a_le_risque_de_d=c3=a9sindustrialisation_de_l?=
 =?UTF-8?Q?=27Allemagne?=
Date: Fri, 19 Aug 2022 15:46:46 +0200
Organization: Ordre hospitalier de l'Alephun
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L'accroissement sans fin du prix de l'électricité allemande pour cause 
d'erreurs stratégiques graves risque d'entraîner la fuite de l'industrie 
allemande vers des pays plus intelligents parvenant à se procurer du gaz 
et du pétrole bon marché (la Hongrie, l'Inde, le Brésil, l'Argentine, le 
Mexique, la Chine, la Russie ou l'Indonésie par exemple) :

https://www.rt.com/business/561133-germany-indusry-exodus-power-prices/

Germany at risk of deindustrialization – Bloomberg

Soaring power prices may trigger an exodus of factories from the country

A large-scale power crunch could seriously jeopardize the German 
industrial sector as the country’s producers of car parts, chemicals and 
steel struggle with energy prices that are hitting new highs almost 
every day, Bloomberg reported on Friday.

“Energy inflation is way more dramatic here than elsewhere,” said Ralf 
Stoffels, chief executive officer of BIW Isolierstoffe, a maker of 
silicone parts for the auto, aerospace and appliance industries. “I fear 
a gradual deindustrialization of the German economy,” he added, as 
quoted by the agency.

Prices for gas and electricity in Germany have reportedly more than 
doubled in the past two months.

Earlier this week, the European benchmark power price hit a record high 
of more than €500 ($509) per megawatt hour, marking an increase of over 
500% in the past year.

On Friday, European natural gas futures were trading at around €242 per 
megawatt-hour on the TTF exchange, which is ten times higher than in 
August 2021.

“Prices are placing a heavy burden on many energy-intensive companies 
competing internationally,” said Matthias Ruch, a spokesman for the 
world’s second-largest chemical producer, Evonik Industries, as quoted 
by Bloomberg.

Gas shipments from Russia, Germany’s biggest energy supplier, have been 
steadily declining in recent months amid technical issues arising from 
Ukraine-related sanctions.

In an attempt to grapple with the crisis, the German government has been 
urging its citizens to lower energy consumption by turning down air 
conditioners and using less hot water. Berlin has also taken steps to 
revive coal power plants, while placing an additional levy on gas use.