This is not about Germany alone. Lots of neighbours are interconnected with Germany's gas storage as well, so winning this race is vital for all of Europe.
Diversification of energy supply is extremely important for each country which want to be called an independent. How would it influence competitiveness of German production it's another question. But in current situation there's no wide range of choice for Germany
@@mori27 Meaning, that you are a Troll, meaning that you are ok with Russia´s aggression towards Ukraine. It means you support killing babies/children/women in the hundreds if not the thousands. Who´s blind following whom? Is following and supporting Putin a good thing for you? The world thinks different, let´s see if Putin gets poisoned or falls out a window from the fourth floor soon. He seems to like these methods!
I DON NOT UNDERSTAND they keep "harping on" about this... SIMPLE FACTS There does NOT EXIST enough gas to replace the Russian gas. Russia sold around 150 billion M3 of gas / year to Europe, THIS GAS CAN NOT BE SOLD TO ANYBODY ELSE because these pipelines goes to Europe. The 3 largest LNG exporters in the world, USA, Qatar, Australia export around 300 billion M3/ year (Russia is the worlds 4th largest LNG exporter) EU WOULD NEED 50% of this... BUT this gas already have customers.... YES Europe MAYBE could outbid these countries but THAT WOULD BE VERY EXPENSIVE as we can see when Gas in Europe is up > 1000% compared to 5 year average price. So... MAYBE EU could get hold of the gas BUT IT WON''T be economically feasible. AND it would starve the rest of the world of gas... So really... Europe CAN NOT AFFORD to skip Russian gas, industries are already closing down. The questions is not IF Europe could get hold of energy... MAYBE it can BUT Europe NEEDS CHEAP ENERGY. THAT IT CAN NOT GET. Industry can't just "wait" for 5-10 years they can't wait for 6-12 months
You Germans are very industrious, resourceful and resilient people, simply in a time of need, not a word of panic. Delightful to see some calm reality on display
Germany can try and source alternate energy now or in the future - it will be many times more expensive than Russian energy and less green. Germany/EU/EK economies are doomed.
@@skozzi2845 Skozzi; I have to giggle about the responses given the fact that Russians have some of the filthiest gas commercially available, if you choose to call it "green" gas. Have you seen the horrific environmental consequences of prewestern energy production? Its a moonscape that Russians clearly never intended to be proactively concerned about. Had the EU and the west not pitched in with investments in all the best technology and best markets ever for the product Russian energy would resemble the Afghanistan's of energy production. Russians took the "gifts" and then promptly shot the horse that brought them being as treacherous as the Russians are so well known to be.
@@efrosvovelu9076 You know, a country that is not self sufficient in any aspect is going to be dependant on the whims of who they depend. Not that I really care about Germany's future. I mean they even came to my country seeking some energy resources and depend more on us, which is good for my country.
Hahaha! Fail! The US and Germany are friends and can trust one another. No one on earth trusts Russia, that's why 95% of Europeans are in an alliance for protection against it. (Except who? Serbia and Belarus, who want to join it. Besides that, Ireland, Switzerland and Austria.) The US and Germany are such good friends you should try attacking them and see what happens! Try!
Germany already dig up alot of coal, they increased it after Japans nuclear disaster a decade or so ago. And planned on shutting down nuclear power plants, now they might keep the few ones they still have open. So no, they cant really increase the production but they could start importing more
i still don't understand why germany won't keep it's reactors online. they should also really look into reactivating the ones that were shut down over the past few years
We only have 3 reactors left and two of those are now outfitted to be kept operating for a year or two longer if necessary (they were supposed to go offline by the end of the year). Apart from that, the German people have decided quite some time ago, that nuclear energy is expensive, very risky (just look at all the scary reports on Zaporizhzhia now) and an unacceptable burden to future generations. We will stick by this decision - end of story. Why is everyone so fussed about it? The three remaining reactors do not produce a large amount of German energy anyway. It is in the low, single-digit percentage range.
@@krollpeter that's still 3-6% less gas that will need to be imported and provides base load power that can be used to balance out renewable spikes and dips
@@FroggyTWrite 37 % of the gas is used for industry, 13 % for other commercial activities, and 31 % for heating. Only 12 % is used to generate electricity. We would only need to save about that amount to be safe, not a gargantuan task. Of course, it also depends on how strong the winter will get. On a European level Russia supplies currently only about 9 % of previous quantities. If Putina turns off the tap completely, it would be not a killer for Europe. I personally think he will do that as soon as the winter breaks in anyway. That would be normal for the way he functions.
everyone is acting like woolly jumpers dont exist, an energy crisis is not a death sentence. people need to learn that they dont need to heat their homes, but instead heat the occupants. its very rare that i will ever turn on a heater because i dress cozy for the winter, too many people have gotten used to walking around their heated homes in shorts and tshirts...
It also about the other end Lack of *EXPORT* LNG terminals. In Canada we have more gas than we can use but not one LNG export terminal. We can not help Europe at all.
@John Smith As far as I got it, Canada and Germany did some sort of agreement, to support with building infrastructure etc. Greetings to Canada from Germany 😉
@@saba1030 It was on the news here in Canada. Will take a very long time. We do not even have our main gas line all they way to the east coast of Canada and no EXPORT LNG Terminal. In Fact Canada has a IMPORT LNG Terminal on the east coast that takes LNG ships from the US. We sell all excess gas to the US by pipeline. So we actually buy our own Canadian gas back from the USA. Its crazy.
The Netherlands has a large LNG terminal in Rotterdam that could handle some of the LNG imports over the Rhine river and the Netherlads in the last 6 months build a temporary LNG terminal in Eemshaven close to Germany. As the Netherlands will likely need less gas every year from now on capacity will become available.
Imagine you tell your boss, if we get lucky we will finish the project, has someone make those guys accountable of the bad decisions they make or people just have to accepted and pay the consequences
@@ibiedun156 Hahaha, it's Russian IP that's already down 60%. Don't worry-as a liberal democracy Germany is quite rich and just orders what it needs, not like poverty-stricken Russia, which can't afford toilets. An extra few billion euros is just a pimple for Germany, so try not to lose any sleep on their behalf. See ya!
Well done Europe. We in South Africa are sitting without electricity 8 hours a day called Loadshedding. Our government stole and destroyed our infrastructure. Europe organise in a few months. Africa been years in almost total collapse.
@Brian Wiltshire South Africa is blessed with endless amount of sun, how is it going over there with solar/ photo voltaic? Villages/ towns etc could get completely independent.
All sounds great! But you forgot to tell to our German fellow at what price you will pay GNL! 20% 30% maybe 40% more expensive? And what about industrial competitiveness? How much will cost electricity in the next 5 years?
If Europe uses LNG to power industry how competitive will your products made with 10x price gas be with the products of "Friendly" countries using Russian gas at 1x price?
@@Rimrock300 Power of Siberia pipeline now in service 1 more in construction and another on the way. Do you think Russia started this conflict without plans? Their energy revenues and profits are up .
@@neodym5809 Russia has pipeline gas to China soon to Pakistan and many others. if you are totally Right Russia will have enough gas to attract lots of industry to locate in Russia right next to the gas.
@@enriquelaroche5370 80% of gas went to Europe, 3% to China. The Russian Chinese pipeline is tiny. Industry moves into Russia because of the gas? Why? They would not be able to sell to the big markets (EU, USA)
@@paperandmedals8316 Germany is still buying Russian LNG to fill the storage. It is not the fact that they have gas, it is the cost of that gas. Everything made in Germany will cost more, and make it's main source of income, which is exports, more expensive than it's competitors. So having gas is only part of the puzzle, if that gas is too expensive exports and income will fall. With no exports no money to buy future gas imports, if they have to print money to pay for gas, inflation will explode. You need to stop criticizing people, when you yourself don't understand macro economics...
@@philipkoene5345 You are misinformed. Russia does sell LNG, and Germany is buying it to fill it's reserves since the pipeline gas has mostly stopped. They are buying it a spot prices from Russia. Here is some information your western media fails to tell you. Last year, Russia also exported 8.9 trillion cubic feet (Tcf) of liquefied and piped natural gas, 36% of the 24.8 Tcf of natural gas it produced. In 2021, 84% of Russia’s exported natural gas arrived at its destination country by pipeline, and the rest was shipped as liquefied natural gas (LNG). As you see Russia does sell LNG. Russia does not have a lot of pipelines to Asia, so that gas goes by LNG. You need to be informed and not misinformed...
Those 2 terminals will not cyt it, only 1/4 of previous Russian imports. Until 2026 this will be unstable and very expensive for them. They don't want long term contracts, so no deals
It will come from Canada. Hey, I hope you can smell the smoke in Russia. Let it remind you of your certain defeat in Ukraine. Does Russia have enough spruce trees for coffins? Canada will sell you the lumber, I'm sure.
What was the name of that guy that said Germany was sooo foolish for creating such dependence on Russia, while at the same time paying them billions while they are a military rival? Who was that guy?
Thank you and I am sure German politicians have learned from you. They ignored your warnings, but that will not happen again. Greetings to your beautiful country!
@@krollpeter Just a Pooty-bot troll. He's conveniently forgetting that Russia's population will be down by 25m by mid-century. There are twice as many babushkas in Russia as women in their prime childbearing years, so it's unstoppable. And the population of Russian men is falling by 500 a day. Pooty-poot-poot just can't get it up!
Yeah, they should do it, but more to as a political sign of "this is serious, government is doing everything possible" and to keep the childish german conservatives in the south quiet. In Terms of actual reduction in natural gas consumption nuclear power will do only a small effect.
I wonder how much of a difference a significant amount of electrification could make in Germany. Not just replacing gas for electricity generation but in people's homes for heating and cooking.
As mentioned above cooking is a non issue. To the question of heating: There is a big push for heat pumps (wich run on electricity) but there a lot of obstacles. A) Most older homes need to have a energetic renovation before a heat is viable B) significant shortage of qualified tradesmen for installation C) Suppychain issues D) Cost
I don't see many alternatives for Germany at the moment. They have let their energy planning be dictated by naive activists on the one hand, and naive corporatists on the other, and it's time for practical solutions that can be brought online fast, while longer-term solutions are put in place, but won't be in time for winter. Hopefully, Germany (and the rest of the EU) learns from this, and doesn't forget the lesson again anyttime soon.
Bullsh**! We had for the past 50 years very reliable energy suppliers! We paid always low prices. Now we were naive to listen to sleepy Joe and jeopardized our strategic production advantages!!! Now sleepy Joe betrayed us and we have to pay higher prices
By the way everything is going long term solutions are mostly useless cuz either humans will be rotated alive by repeated heatwaves or flooded to the point most buildings will be disfunctional and energy infrastructure will be under water
@@Matthew-rp3jf Alliances are shifting on a scale that they haven't in a long time, and the map is being redrawn. The reality is that the EU in general does not have adequate energy supplies to support its population at the level its become accustomed to. Personally, I'd rather see the EU's energy coming from N. America than from Russia.
Liquid Natural Gas is very expensive compared to Pipeline Gas. I keep a small supply of LNG at my house for Emergencies. It's about 100 times more expensive per Cubic Meter than Pipeline Gas here. Hopefully Europe can improve Cost of LNG
@@OakleyMoodie I'm not afraid. Prices of 16 OZ Steel Bottles of Propane are now 3X higher than last year even though Pipeline Gas is flowing from Canada and North Dakota freely here. It's odd. I use it for a Catalytic Ice fishing heater. Thank God I don't need to for my Home. I'd be chopping down Trees like Europe now.
The problem with LNG is that it is inherently much more expensive than Russian piped gas. Many companies even whole industries are not competitive at those prices. Even Wolkswagon is thinking of shifting production out of Germany, Czech, and other eastern European countries. The storage tanks are full. And they will last all winter because at current prices no one can afford to buy that gas. However the stored gas will allow all these companies to shut down and move production overseas in an orderly manner. Quite a few companies will move production to China. That is not so good when the US starts its economic war against China. But even if that is delayed, would germans buy Volkswagon cars made in Xinjiang?
No, It's not clean or economically viable at all for German industry or domestic German consumers, especially when their global competitors are still availing piped Russian LPG and industrial raw materials at a fraction of the cost.
@@AKAHEIZER Ask Bavaria about that subject. The North is ready to go, the South is blocking, while at the same time demanding support, but without any infrastructure 😉 Greetings from the North 😉
Good to see real rapid action by Germany to get itself off Russian energy. We should all be diversifying our energy sources, and the speed/approach undertaken by German is amazing. Nothing moves fast in the energy market, but Germany is doing a great job in showing how to do it.
looking forward to seeing some rapid action in support of Ukraine - rather than just German industry. Germany has given a pathetically small amount of military aid in terms of German GDP. DYOR.
Today Germany is buying lots of LNG that it didn't previously buy because of it's last 10 years of mistaken energy policy. It is driving up the price of LNG and making ME pay more for energy because of Germany's totally avoidable problems, but that's not the worst of it..... The LNG Germany buys this winter means that poorer countries can't afford to win the auctions and while Europe gets poorer due to German policy errors some parts of the world will have to go without LNG. Paying more doesn't suddenly create all the needed extra gas, it just makes it too expensive for the poorest in the world. Germany shouldn't be patting itself on the back for filling its tanks it should be apologizing to Ukraine and the rest of the world for empowering Putin and letting him out of his cage. AND SEND SOME DAMN TANKS TO UKRAINE YOU SELFISH........people.
@Michael Davison May I ask where you are from? In regards to the military aid, I think you failed to do your own research. There are some underlying problems you are seemingly not aware of. That said, among the small amount of military equipment that was sent is some of the most valuable out of all the military equipment that was sent (from all the countries), but to be fair, the Bundeswehr was not the only one who provided that kind of equipment, other countries provided the same out of their arsenals as well. But military aid is not the only thing that is important, there are areas which Germany was actually able to be more of service. The Bundeswehr deploys wounded Ukrainian soldiers from Poland since day one. The patients are send to different hospitals around Germany and Europe, esp. to trauma ambulances in big cities. The Bundeswehr does it with an Airbus 310 MedEvac. A flying hospital. The MedEvac Airbus is so unique that even USA sometimes asked Germany for that. It is specially designed for heavily traumatized people that need intensive care during transport. This is the most sophisticated flying hospital you can think of, but the best of it is not the plane, it is the people working on it. 100% highly qualified professionals, specialists for wounded soldiers, to take care of the patients, to save lives. It is one of a kind (I do not know if anyone else in NATO has something with similar capabilities). Plus Germany is the second biggest financial aid after the US. I mean, there is much and more to criticize, but I really don't know what you are trying to do here. Obviously German policies were a huge mistake which can't be corrected immediately and which entail their own problems and consequences, but it's also pretty obvious that the former government is not in power anymore and the new government does its best to support Ukraine without committing suicide (which isn't the same as selfishness).
I have recently checked Germany's progress and as yet NO FSRU's are in Germany yet as of 10/5/22. Two confirmed to German contract FSRU's are anchored off Spain. One is heading for the US (FSRU's can serve as ordinary LNG tankers when not used as Regasification units, and the fourth possible FSRU is docked in France an may be in the process of being drydocked as it's lower hull paint appears to be needing a new paint job before being sent to Germany where it will sit for ten years. The current confirmed German FSRU's are Hoegh Esperanza, Transgas Power, and Transgas Force. I think that Hoegh Giant, recently released from an Indian contract and it France possibly for a hull repaint might be the fourth FSRU for Germany.
One thing I know, gas prices will never be the same. 1 cost of transportation 2 cost of conversion to gas 3 must compete with international buyers.. Meaning you have to offer higher price.
Wishfull thinking, there is simply not sufficient LNG gas available to cover the needs of Europe. Furthermore there are not sufficient gas tankers nor the infrastructure to unload the tankers in even close to sufficient quantities available in the world.
@@hpoels851 :DDD toast ? Then what gonna happen to Ruzzia ? their economy is fked beyond imagination :)) but keep wet dreaming, EU gonna be fine, cant say same for Ruzzia ;)
naaaaa.. they will just pay 2x or 3x more for LNG.... good luck to compete with China.... EU gave the cheap gas to china market and buy US LNG with 2x the price... what a genious...
@@ricbace You forget that this is a worldwide crisis. China is facing increasing energy prices too. Russia has nowhere near the needed infrastructure to supply china's energy demand. Also, the EU is one of China's main markets, and with raising inflation, it's losing purchase power. So your hypothesis is very short-sighted.
Germany has always depended on cheap gas. To switch to LNG, will change everything. Will Germany remain competitive in the future, especially when there is developing countries paying lower commodities prices
Why we are not just hooking on to the receiving points of Nordstream 1 and 2? The receiving peers for LNG tanker are relatively fast to build. Naturally the Government has to take over the pipeline infrastructure through legal emergency procedure
too bad they cant open LNG terminals in northern italy or southern france and then pipe the gas to germany...so the LNG ships dont have to travel all the way around europe to germany.
There is significant LNG infrastructure in Spain. However, the French are blocking any pipeline plans from Spain to Germany, because they want to sell nuclear power to Germany.
What about the ships? It's all very nice building terminals but in order to transport LNG on a ship you need to have many more ships. I know there are already ships specifically built for LNG but the amount of ships specifically built for LNG matches the demand for these ships before the war. If there is so much extra LNG being transported, where are the extra ships go to come from? It would be nice to build some new ships but that takes years to build a new ship. Also if the shipyards where these ships are built isn't available then you have to wait. Shipyards don't just wait around for this particular situation to happen, they schedule work years into the future building ships. They might be busy building cargo ships or anything.
@@edwardbarnett6571 Germany can't turn on Nordstream 2. Russia is the one that has to deliver the gas and they don't want to. 4 pipelines are currently not delivering from Russia. If you connect Nordstream 2 to the German gas grid, we have 5 pipelines that don't deliver gas. And it's not the sanctions alone that lead to Russia not delivering gas. It was a long time planned action. Russia bought multiple gas storage facilities in Western Europe in the last decade and deliberately stopped them from refilling the storage in summer of 2021, to cause a supply shock in 2022. Germany took control of the storage facility in 2022 and tried to fill it for this winter, but since the Russian deliveries are gone, they had to buy spot market gas, leading to an explosion of the price.
(Why don't you look up the answer you seek?) In response to growing demand, the makers of the ships, about 90% of which are built in South Korea and Japan, were already boosting their output prior to Putin's war. There are enough to handle the increased European demand, but it will probably be necessary to outbid users elsewhere in order to lease enough of them. New tankers are coming online rapidly.
@@edwardbarnett6571 Worldwide demand is so healthy that a larger and larger fleet is needed anyway. Nice to see your anxious concern for the shipping companies of the world, but you needn't lose any sleep over the state of their business. Besides, NordStream 2 is dead...dead as a Russian tank commander. Cheers.
You still need to find natural gas first before you can liquefy it. So where is the new source of natural gas. There is simply not enough supply to meet the demand for next few years. Plus you will have to build special infrastructures and ships. This will take years. Of course now Europe is going to be totally dependent on US and won't be competitive unless Europe can find new source of gas in some poor country they can take for free.
Italy's PM and UK's PM already went down, I wonder who will be next this winter when people freeze and become poorer than they were thanks to sanction-induced inflation. The West side of that Iron Curtain will suffer more.
We could sign 25 years contracts, phase out gas in the mean time, resell the LNG as is on the market if we no longer need it. That worked with pipeline gas, too, didn't it? I think there are worse things than having a surplus of energy, right :)
It does not make to subsidize energy, because they want people to consume less, and the only way to consume less is by jacking-up the price. But do not worry we are winning the war in Ukraine (according to West media 😀)
As per the government 100% filled gas storage lasts 2.5 month in a normal winter. That's not counting the cost of gas. Evey 10th business is now registered as insolvent due to enegry bills
Why don't the Germans practice adjusting their thermostats to use less gas now, today, rather than waiting until the middle of winter. I can imagine that living in a 60 degree house during the day can be uncomfortable, but it could be worse.
LNG is 50% to 70% expensive than Natural gas. .In long term the products and everything is going to to expensive .Germany is hitting on it foot by buying expensive Gas
if we get the LNG from qatar, wouldn´t it be more sensible to deliver the german ´LNG ito greece, italy,. france, spain, netherlands etc and get it to germany via pipeline? getting from the mediterranian to the baltic doubles the distance and time... with the same amount of lng tankers europe could get twice the amount of gas if the delivery is close to the suez exit... crete, cypress ...
If you go by that route, there will probably be no gas left for Germany? Everyman (or country) for himself..... EU only appears to work as one.. but they are probably not working as one. According to this video, it is only supplying 4.5BCM of gas.... still far from what Germany needs... not to mention at a much higher cost. Habeck and Olaf is throwing a lot of Germany's tax payers money into the problem they created...... They should have sanctioned Russia AFTER they are ready to cut off Russia's energy supply.... what are they thinking i wonder...
Italy and Spain are also leasing LNG gasification ships to take LNG from all sources, likely including Qatar. The USA has stepped up LNG exports and is supplying the EU with half the peak Russia gas supplies. We can send more, the EU just has to have the capacity to accept it.
More avoidance. LNG terminal can’t be up by winter. What they need to do is start domestic drilling or encourage nearby drilling in EU. Fracking will produce all over EU.
"Only" 12 to 13% of Germany's imported NG is from Russia, that's relatively replaceable. Too bad we have a dysfunctional, idiotic American Administration or we could fill that gap alone.
@@Thor.Jorgensen For several years did not listen to the concerns of the 3 small Baltic states. They were spot on, but we ignored them. That will not happen ever again.
The problem is: There is not enough LNG on the markets to replace the russian natural gas. Germany und the EU have a big problem. Biogas would have been a solution but that was blocked by german politicians in 2017 because of ideology.
Building new LNG terminals and storage facilities won't help if there is no LNG available to purchase unless it is at a very high price. Aside from being expensive, Germany has been paying an extra premium for the LNG now which eventually will become financially unsustainable. These high prices will have to be passed down to consumers so this cycle won't end unless the sanctions are lifted.
@@slobodanpaunovic3834 I am happy for Germany Slobodan trying their very best to come out of the energy crisis . This will prove beneficial for the Commercial Industrial and Domestic energy needs.
Fairley certain that a deal was reached with Canada , which has plenty of energy , and while people should be prudent , keeping Europe warm is going to be seen as part of keeping Ukraine supplied on the battlefield.....Germany quitely reached 90% reserves......that these countries are working daily and will solve the problem is without doubt !
Trump warned them what would happen if they relied on Russia. Germany laughed and know we laugh at Germany. Canada is fighting a climate crisis so no energy for you people.
Canada said, "No" to Germany. To save face, they agreed to some future hydrogen green tech that will never happen. The USA is the only game in town, besides Norway for LNG.
Still seems like nobody understand: LNG is only for emergency purpose, it's too expensive for industries as well as consumers, particularly if it comes from far distance countries like US, China or out of Europe. Because it counts on highly unreliable shipping with complex terminals, it's quite unreliable when counting on delivery.
Japan and China rely on LNG on a regular and constant basis, China is the top manufacturing country (28% of global manufacturing output) and the top LNG importer. LNG is not that expensive and liquefaction adds $2 to 3 per MMBTU (1 MMBTU = 0.293071 MWh ), cost of gas in Europe right now is 194 euros/MWh, cost of gas in the US is around $7.5/MMBTU, LNG will be around $10.5/MMBTU, with long term contracts Germany will avoid having to pay the European spot price of 194/MWh or 56/MMBTU.
From whom are they going to get the LNG? They need enormous amounts. When will people understand that this is misinformation aimed to stop civil unrest.
@@pjhgerlach Natural gas? No, it isn't. Nuclear? Yes, it is. All electricity generation requires construction, transport of materials, etc. Even wind and solar are not zero-carbon in that respect, either. But in generation itself, nuclear is zero-carbon. In the long run, burning fuels is inefficient and as much as possible moving to electric vehicles, machinery, appliances is the way to go. Of course, reforestation is one way to offset emissions as well.
@@stephenbailey9969 I'm all for nuclear but only if they are replaced in the future with more efficient ones. The current power plants use only a fraction of the fuel rods.
@@philipkoene5345 Correct. That requires facilities for recycling/re-using or locations for burial. The technology over the last forty years has advanced significantly compared to the first nuclear power generation facilities.
Are you that naive? 91% of what? You did not ask 91% of 1 liter? 91% of 100 milliliters? You need to know the total storage capacity. Knowing 91% is not enough information to determine if it is enough. They are hiding the true number. What is the total storage capacity, and in a normal winter how much of that is used daily. So many numbers are missing on purpose to give people a false sense of security...
Something interesting you may not have thought of with LNG is LNG is a liquid that needs to be turned into a gas to put into your natural gas network. While you may say "Duh!", there is an obvious point missed here. This is steam turbines work on the principle of of turning water into steam and the expansion of water into steam at least in part is used to generate electricity. With LNG the interesting thing is you only need outside air as a heat source to turn cryogenic LNG into 'steam' a.k.a. natural gas. So yeah, you could have a "cryo steam" power plant at your conversion facility as in you boil the dense LNG into voluminous natural gas and run a 'steam' turbine with it to generate electricity.
The gas however also needs to be fed into the bulk transport pipeline grid afterwards, which runs at 200 bar. So you can’t do that much expansion right at port, what however you could do, is gain energy at the various fed in points for the distribution grid in cities running at 60 bar.
@@paulschmidts5429 This is an interesting point you bring up. For whatever reason I thought the pressure was lower than this, but I am no expert, so defer to you. I thought turning LNG into gas in the same volume would be ~550 bar, so even 200 bar would be a big step down. In a way this is more efficient because say in a gas turbine expansion cools the gas alone and then each subsequent disk is less efficient at extracting energy from the working fluid as heat expands while cooling lowers the pressure. With this with each stage far apart, there is plenty of time for the gas to warm up before hitting the next step down in pressure. Thus the expanded and further re-warmed gas as it travels down the pipeline will create more volume for a more effective next stage. It is just now your "cryo power plant" using the environment as its heat source is distributed throughout the country and having the 200 bar at the top is a plus because then more power is generated closer to where it will be used.
There is enough LNG on the spot market for Europe at 18Bn tons. The problem for Europe is that spot market is expensive. The solution for Europe is to enter into contracts with reliable suppliers, something that illogically the Europeans have declined to do. Meanwhile Japan, South Korea and others have secure long term LNG supplies because they made themselves reliable customers, something that the Europeans aren’t.
Then maybe, just maybe, Asian political leaders should be as adamant as Western political leaders in telling Putin to cut it out. Putin started all of this.
@@philipkoene5345 Hardly Putin will gain much of this. USA is started all and NATO, USA will start selling all their resources to Europe now with much higher price than Russians sell to them. More gain for USA everyone in EU now want their weapons they will sell everything now just 100Billion Germany alone.
I think it was in context of germany getting trough the winter /without any/ economic damage which would be the best case and like really impressive if we look at our dependence from a year ago. At the end we will get trough the winter without major problems and thats the important part.
Germany will get by this winter with 90% current gas storage filled, conservation methods including high price getting people to turn down thermostats, and six new LNG terminals opening beginning in December. Of course LNG suppliers must increase production and shipping capacity to fill the lost Russian supply as well. Near total cutoff of Russian gas is the worst case scenario and most of Europe will get by just fine this year though it may be costly. Eastern Europe may have more trouble with their high dependence on Russian gas.
6 new LNG ports in December? What are you smoking? The point isn't to replace Russian gas, but to replace it at the same price. And that won't be possible.
@@panongkone no. In REALITY they will pay more but only turn down their thermostats a few degrees and wear a sweater inside. How tough is that? Eastern Europe may have more trouble with countries like Estonia Latvia Lithuania Czech Slovakia Hungary Romania Bulgaria with high dependence on Russian gas. But Latvia has an LNG terminal Romania produces its own gas And Bulgaria gets gas from the Transanatolian pipeline
Yeah it is 80% reserves only to last 3-4 months with shut downs of industries and decreased household consumption where most Germans will be colder than previous winters. It is the end of German competitiveness, all done thanks to the US.
Germany got 40% of their gas from Russia so 60% came from elsewhere . Also only Nord Stream was cut of , there are two smaller pipelines still supplying gas to Germany from Russia.
They have been building up the reserves over a longer time periode, since before the ukraine war. It's now about 90% of max. Norway, Netherlands, among else, supply them the most now.
The German utilities have to sign up for the 20-25 yr LNG contracts. The Liquefaction plants are expensive to build, and the exporters need those contracts to justify the additional construction costs. You cannot rely on the spot market.
precisely. why would LNG suppliers invest in a short term solution, they won't. So are germany going to end up buying much higher priced LNG for their foreseeable future? what happens if they get reserves to 95% but then use it all this winter? then they will be on 0% next year?
@@Writeous0ne You guys sound like you work in the Kremlin at the Ministry of Gazprom. I suggest you find work elsewhere. On the Ukrainian front maybe? I hear they're hiring.
I would have never guessed to live thru a winter with so many „if“ statements. Considering what is at stake, we simply just can’t rely on the weather or the frugality of the people. That’s not risk management, that’s wishful thinking.
Of course Germany will not run out of gas if they pay the right price. The question is will Germany's industries be able to stay competitive and even survive after paying much higher price? If they are not able to many will loose their jobs and their economy will be in ruins...
Probably yes. Based on cost analysis at current market rates, you're talking within a 10-15% price difference, and LNG is just a small part of the energy production (natural gas is ~12% of energy production, so probs a 5-10% energy price cost difference, and that was pre-Russia times the percentage, it's dropped now). Most of it goes into heating, which is the issue, and the electricity prices should stabilize by year-end anyways, since French nuclear reactors are coming back online, that's a major reason for the energy deficit in Europe.
@@michaelyun2407 I can't stand Trump, but you are right that he did warn the Germans about using Russian gas. He was the only one saying it that I can recall and he was...right.
@@thepianist7084 he was far from the only one, Bush already said in 2009 that Nord Stream 1 (and the proposed 2) were bad, Obama same thing (was even one of the last official statements end of 2016), it's one of the few things that Democrats and Republicans could agree on since the beginning that hasn't changed.
Can't ever forget the moment the German delegation was laughing at Trump, when he was warning them for being overly reliant on the Russians for energy, who was right 😂😂
The sad thing is, that (the laughing dudes) was the party which was governing the last 1/2 decades but right after they completely failed with corona got replaced with our new govrnment who needs to fix 2 decades of ignorance in sooooo many parts of Germany. While getting politically backstabbed by the (now opposition) party which drove us in the pit the first place... Love the fact that many people still vote for them after all of their proven incompentence... germany babyy.. (but prob everywhere really xD).
Obama already told the Germans about it , well before Trump . I wonder why the people who bring this up always forgot that Obama had already said it and make it all about Orange Man🤣 . The Germans made a mistake and have admitted it but the Americans elected Trump as a president who later try to overthrow American democracy and stole Top secret documents putting USA national security in danger , so I don't know who is worse 🤣🤣
I was standing by the Rhine at Dusseldorf two weeks ago and noticed a number of barges carrying LNG, something I had never noticed before.
From where they are importing? I think from US, this is the only thing US government wanted from long.
@@Anaskhanartist The US companies will be trustworthy suppliers. Unlike Vladolf Putzler the psycho.
@@Anaskhanartist Saudi Arabia
This is not about Germany alone. Lots of neighbours are interconnected with Germany's gas storage as well, so winning this race is vital for all of Europe.
Germany and Europe are not winning anything - their industrial economies are doomed - they have been played by the US and cheer their own demise.
they can warm themselved by their hypocrisy feeling good about themselves for being western ukraine supporters (whilst pumping the region with arms)
And at a price of its all industry! All Hail to Green Pastoral Germany!
people: live in inflation cold dark
leader: build millitary
media: they are evil, we are good
yes, iam talking abt north korea
@@xi1864 WTF that not really what’s happening in Germany
Diversification of energy supply is extremely important for each country which want to be called an independent.
How would it influence competitiveness of German production it's another question.
But in current situation there's no wide range of choice for Germany
An independent country should have independent diplomatic policies. Not blindly following others while sacrificing the welfare of their own people.
@@mori27 Meaning, that you are a Troll, meaning that you are ok with Russia´s aggression towards Ukraine. It means you support killing babies/children/women in the hundreds if not the thousands. Who´s blind following whom? Is following and supporting Putin a good thing for you? The world thinks different, let´s see if Putin gets poisoned or falls out a window from the fourth floor soon. He seems to like these methods!
@@uhwake Don't ask what "liberal democracy" can possibly do for you. Ask who can you make to suffer to please "liberal democracy".
I DON NOT UNDERSTAND they keep "harping on" about this...
SIMPLE FACTS
There does NOT EXIST enough gas to replace the Russian gas.
Russia sold around 150 billion M3 of gas / year to Europe, THIS GAS CAN NOT BE SOLD TO ANYBODY ELSE because these pipelines goes to Europe.
The 3 largest LNG exporters in the world, USA, Qatar, Australia export around 300 billion M3/ year (Russia is the worlds 4th largest LNG exporter)
EU WOULD NEED 50% of this...
BUT this gas already have customers....
YES Europe MAYBE could outbid these countries but THAT WOULD BE VERY EXPENSIVE as we can see when Gas in Europe is up > 1000% compared to 5 year average price.
So... MAYBE EU could get hold of the gas BUT IT WON''T be economically feasible.
AND it would starve the rest of the world of gas...
So really... Europe CAN NOT AFFORD to skip Russian gas, industries are already closing down.
The questions is not IF Europe could get hold of energy... MAYBE it can BUT Europe NEEDS CHEAP ENERGY.
THAT IT CAN NOT GET.
Industry can't just "wait" for 5-10 years they can't wait for 6-12 months
This winter is very tough for anyone and all manufacturing to survive!
Mark my words
Many small companies will not reopen Next spring
You Germans are very industrious, resourceful and resilient people, simply in a time of need, not a word of panic.
Delightful to see some calm reality on display
AND crazy to boot. They will NOT restart nuclears. I'm speechless, Japan is restarting SIX.
LOL
Keep a deep sleep in Lala land this winter! LOL.
Germany can try and source alternate energy now or in the future - it will be many times more expensive than Russian energy and less green. Germany/EU/EK economies are doomed.
@@skozzi2845
Skozzi;
I have to giggle about the responses given the fact that Russians have some of the filthiest gas commercially available, if you choose to call it "green" gas.
Have you seen the horrific environmental consequences of prewestern energy production? Its a moonscape that Russians clearly never intended to be proactively concerned about.
Had the EU and the west not pitched in with investments in all the best technology and best markets ever for the product Russian energy would resemble the Afghanistan's of energy production.
Russians took the "gifts" and then promptly shot the horse that brought them being as treacherous as the Russians are so well known to be.
So, now Germany will give its energy sovereignity to the US instead of Russia?
Better
What’s the problem with that?
@@efrosvovelu9076 You know, a country that is not self sufficient in any aspect is going to be dependant on the whims of who they depend. Not that I really care about Germany's future. I mean they even came to my country seeking some energy resources and depend more on us, which is good for my country.
Hahaha! Fail! The US and Germany are friends and can trust one another. No one on earth trusts Russia, that's why 95% of Europeans are in an alliance for protection against it. (Except who? Serbia and Belarus, who want to join it. Besides that, Ireland, Switzerland and Austria.)
The US and Germany are such good friends you should try attacking them and see what happens! Try!
Well it beats doing business with the Russian mafia in the Kremlin
Does Germany have any substantial coal reserves? I know coal is frowned upon, but could it be an option if things got really bad?
It has plenty of lignite which is the most polluting coal but beggars can’t be choosers and all that.
Germany already dig up alot of coal, they increased it after Japans nuclear disaster a decade or so ago. And planned on shutting down nuclear power plants, now they might keep the few ones they still have open. So no, they cant really increase the production but they could start importing more
Green green
@@uhwake You will forget about climate when temperatures go down, trust me.
Yeah Europe is full of coal. UK still riddles with the stuff
i still don't understand why germany won't keep it's reactors online. they should also really look into reactivating the ones that were shut down over the past few years
Green politics backed by the US, has infected German political logic.
We only have 3 reactors left and two of those are now outfitted to be kept operating for a year or two longer if necessary (they were supposed to go offline by the end of the year). Apart from that, the German people have decided quite some time ago, that nuclear energy is expensive, very risky (just look at all the scary reports on Zaporizhzhia now) and an unacceptable burden to future generations. We will stick by this decision - end of story. Why is everyone so fussed about it? The three remaining reactors do not produce a large amount of German energy anyway. It is in the low, single-digit percentage range.
They contribute only 3 - 6 %, depending how you calculate.
@@krollpeter that's still 3-6% less gas that will need to be imported and provides base load power that can be used to balance out renewable spikes and dips
@@FroggyTWrite 37 % of the gas is used for industry, 13 % for other commercial activities, and 31 % for heating. Only 12 % is used to generate electricity.
We would only need to save about that amount to be safe, not a gargantuan task. Of course, it also depends on how strong the winter will get.
On a European level Russia supplies currently only about 9 % of previous quantities. If Putina turns off the tap completely, it would be not a killer for Europe. I personally think he will do that as soon as the winter breaks in anyway. That would be normal for the way he functions.
everyone is acting like woolly jumpers dont exist, an energy crisis is not a death sentence.
people need to learn that they dont need to heat their homes, but instead heat the occupants.
its very rare that i will ever turn on a heater because i dress cozy for the winter,
too many people have gotten used to walking around their heated homes in shorts and tshirts...
I hear Gernany, Germany, Germany, but what about the rest of us in EU?
Germany will be frugal this winter, will build the terminals, and work things out
To rely on a good weather this is not what people need to hear from politicians ! This is not strategy ! This is not assurances
It also about the other end
Lack of *EXPORT* LNG terminals.
In Canada we have more gas than we can use but not one LNG export terminal.
We can not help Europe at all.
@John Smith As far as I got it, Canada and Germany did some sort of agreement, to support with building infrastructure etc.
Greetings to Canada from Germany 😉
@@saba1030 It was on the news here in Canada.
Will take a very long time.
We do not even have our main gas line all they way to the east coast of Canada and no EXPORT LNG Terminal.
In Fact Canada has a IMPORT LNG Terminal on the east coast that takes LNG ships from the US.
We sell all excess gas to the US by pipeline.
So we actually buy our own Canadian gas back from the USA.
Its crazy.
It's time for canada to look for better solutions✌️😉
@@Lysandra-8 no, we voted against LNG terminals.
@@awonderingsoul2445 good for you✌️🌻
Yes Thank God
The Netherlands has a large LNG terminal in Rotterdam that could handle some of the LNG imports over the Rhine river and the Netherlads in the last 6 months build a temporary LNG terminal in Eemshaven close to Germany. As the Netherlands will likely need less gas every year from now on capacity will become available.
Imagine you tell your boss, if we get lucky we will finish the project, has someone make those guys accountable of the bad decisions they make or people just have to accepted and pay the consequences
Em Portugal continuamos a viver no verão.
Not "in-dependence", "re-dependence" where you just change the country you depend upon. That was the whole US' idea ))
Maybe or not but it will be costly no doubt.
Cost is 3-4x more than natural pipelines
Getting rid of Razzian dependencies - priceless😁🤣😋
not costly unaffordable bye bye German industry lol
Industrial capacity and production down to zero!!!!
@@ibiedun156 Hahaha, it's Russian IP that's already down 60%. Don't worry-as a liberal democracy Germany is quite rich and just orders what it needs, not like poverty-stricken Russia, which can't afford toilets.
An extra few billion euros is just a pimple for Germany, so try not to lose any sleep on their behalf. See ya!
What a way to loose your main customers. Next year all gas will be from other sources.
Well done Europe. We in South Africa are sitting without electricity 8 hours a day called Loadshedding. Our government stole and destroyed our infrastructure. Europe organise in a few months. Africa been years in almost total collapse.
@Brian Wiltshire South Africa is blessed with endless amount of sun, how is it going over there with solar/ photo voltaic? Villages/ towns etc could get completely independent.
Total collapse of Europe is on the way. Happening in front of your eyes.
All sounds great! But you forgot to tell to our German fellow at what price you will pay GNL! 20% 30% maybe 40% more expensive? And what about industrial competitiveness? How much will cost electricity in the next 5 years?
If Europe uses LNG to power industry how competitive will your products made with 10x price gas be with the products of "Friendly" countries using Russian gas at 1x price?
These countries would be? Russia can’t sell its gas anywhere else
Russian gas export pipelines are quite limited except those going to Europe. Will take a time to build up capasity for transport to like China
@@Rimrock300 Power of Siberia pipeline now in service 1 more in construction and another on the way. Do you think Russia started this conflict without plans? Their energy revenues and profits are up .
@@neodym5809 Russia has pipeline gas to China soon to Pakistan and many others. if you are totally Right Russia will have enough gas to attract lots of industry to locate in Russia right next to the gas.
@@enriquelaroche5370 80% of gas went to Europe, 3% to China. The Russian Chinese pipeline is tiny.
Industry moves into Russia because of the gas? Why? They would not be able to sell to the big markets (EU, USA)
Can’t see how they can get that many shipments to fully substitute the pipelines.
You likely don’t know the first thing about energy transportation so why would you?
@@paperandmedals8316 Germany is still buying Russian LNG to fill the storage. It is not the fact that they have gas, it is the cost of that gas. Everything made in Germany will cost more, and make it's main source of income, which is exports, more expensive than it's competitors. So having gas is only part of the puzzle, if that gas is too expensive exports and income will fall. With no exports no money to buy future gas imports, if they have to print money to pay for gas, inflation will explode. You need to stop criticizing people, when you yourself don't understand macro economics...
@@maximusfl3926 there is no Russian LNG, what are you even talking about?
@@philipkoene5345 You are misinformed. Russia does sell LNG, and Germany is buying it to fill it's reserves since the pipeline gas has mostly stopped. They are buying it a spot prices from Russia.
Here is some information your western media fails to tell you.
Last year, Russia also exported 8.9 trillion cubic feet (Tcf) of liquefied and piped natural gas, 36% of the 24.8 Tcf of natural gas it produced. In 2021, 84% of Russia’s exported natural gas arrived at its destination country by pipeline, and the rest was shipped as liquefied natural gas (LNG). As you see Russia does sell LNG. Russia does not have a lot of pipelines to Asia, so that gas goes by LNG. You need to be informed and not misinformed...
Those 2 terminals will not cyt it, only 1/4 of previous Russian imports. Until 2026 this will be unstable and very expensive for them. They don't want long term contracts, so no deals
Don’t worry, Germany still has some trees that could be cut down to be used as firewood.
It will come from Canada. Hey, I hope you can smell the smoke in Russia. Let it remind you of your certain defeat in Ukraine.
Does Russia have enough spruce trees for coffins? Canada will sell you the lumber, I'm sure.
I hear no numbers.
Says enough for me.
What was the name of that guy that said Germany was sooo foolish for creating such dependence on Russia, while at the same time paying them billions while they are a military rival? Who was that guy?
Love him or hate him, he was 100% spot on for that issue. Spooky how right he was.
Germany is a great country with smart and innovative people. Sending loads of love to Germany from Lithuania ❤️
Thank you and I am sure German politicians have learned from you. They ignored your warnings, but that will not happen again. Greetings to your beautiful country!
@Ewan4-20 and what has this to do with the subject?
@@krollpeter Just a Pooty-bot troll. He's conveniently forgetting that Russia's population will be down by 25m by mid-century. There are twice as many babushkas in Russia as women in their prime childbearing years, so it's unstoppable. And the population of Russian men is falling by 500 a day. Pooty-poot-poot just can't get it up!
Start up the two idle reactors would be a good start!
Yeah, they should do it, but more to as a political sign of "this is serious, government is doing everything possible" and to keep the childish german conservatives in the south quiet. In Terms of actual reduction in natural gas consumption nuclear power will do only a small effect.
I wonder how much of a difference a significant amount of electrification could make in Germany. Not just replacing gas for electricity generation but in people's homes for heating and cooking.
In Germany not many cook with gas. The main user is the industry.
Percentage of heating with Gas in German homes is significant (around 50%). Cooking with Gas is almost non-existent.
As mentioned above cooking is a non issue. To the question of heating: There is a big push for heat pumps (wich run on electricity) but there a lot of obstacles. A) Most older homes need to have a energetic renovation before a heat is viable B) significant shortage of qualified tradesmen for installation C) Suppychain issues D) Cost
Where does this electricity come from unicorn farts
@@brianjohnson6053 You know all those billions of Euros they're spending on gas and oil products?...
The price the germans and other are going to pay this winter is small if they cave in to the putler . So stand tall people !
I don't see many alternatives for Germany at the moment. They have let their energy planning be dictated by naive activists on the one hand, and naive corporatists on the other, and it's time for practical solutions that can be brought online fast, while longer-term solutions are put in place, but won't be in time for winter. Hopefully, Germany (and the rest of the EU) learns from this, and doesn't forget the lesson again anyttime soon.
Bullsh**!
We had for the past 50 years very reliable energy suppliers! We paid always low prices.
Now we were naive to listen to sleepy Joe and jeopardized our strategic production advantages!!!
Now sleepy Joe betrayed us and we have to pay higher prices
By the way everything is going long term solutions are mostly useless cuz either humans will be rotated alive by repeated heatwaves or flooded to the point most buildings will be disfunctional and energy infrastructure will be under water
And Canada and the US are having to bail them out...seems fair.
@@Matthew-rp3jf US caused this to start with. EU leaders are just sheep though that they do not care about their citizens.
@@Matthew-rp3jf Alliances are shifting on a scale that they haven't in a long time, and the map is being redrawn. The reality is that the EU in general does not have adequate energy supplies to support its population at the level its become accustomed to. Personally, I'd rather see the EU's energy coming from N. America than from Russia.
paying 2x or 3x more.... good luck with your industry...
USA has become spains largest gas supplier all LNG. Doubt there is enough capacity to liquify and regasify Europe's needs for gas.
If people just use gas for heating i don't think there will be a problem, we need to cut down on unnecessary usage of gas.
The steel and chemical industry do a lot of heating. And I mean a lot.
Liquid Natural Gas is very expensive compared to Pipeline Gas. I keep a small supply of LNG at my house for Emergencies. It's about 100 times more expensive per Cubic Meter than Pipeline Gas here. Hopefully Europe can improve Cost of LNG
LNG gas is imported then is converted to Pipeline gas . In Brazil almost all the gas is imported this way. There is a big one in Bahia. No problem.
Economy of scale. Fear not.
Grind your teeth for freedom and democracy of Ukrainians!
@@OakleyMoodie I'm not afraid. Prices of 16 OZ Steel Bottles of Propane are now 3X higher than last year even though Pipeline Gas is flowing from Canada and North Dakota freely here. It's odd. I use it for a Catalytic Ice fishing heater.
Thank God I don't need to for my Home. I'd be chopping down Trees like Europe now.
@@yomismo6969 You can't be running Naked in the Brazilian Jungle hunting Monkey with a Blowgun in a European Winter. All places are not the same.
The problem with LNG is that it is inherently much more expensive than Russian piped gas. Many companies even whole industries are not competitive at those prices. Even Wolkswagon is thinking of shifting production out of Germany, Czech, and other eastern European countries. The storage tanks are full. And they will last all winter because at current prices no one can afford to buy that gas. However the stored gas will allow all these companies to shut down and move production overseas in an orderly manner. Quite a few companies will move production to China. That is not so good when the US starts its economic war against China. But even if that is delayed, would germans buy Volkswagon cars made in Xinjiang?
No, It's not clean or economically viable at all for German industry or domestic German consumers, especially when their global competitors are still availing piped Russian LPG and industrial raw materials at a fraction of the cost.
Time for them to get even more efficient, and finally switching to alternative energy sources, everything is possible you just have to do it.
@@AKAHEIZER Ask Bavaria about that subject. The North is ready to go, the South is blocking, while at the same time demanding support, but without any infrastructure 😉
Greetings from the North 😉
It’s about time.
Good to see real rapid action by Germany to get itself off Russian energy. We should all be diversifying our energy sources, and the speed/approach undertaken by German is amazing. Nothing moves fast in the energy market, but Germany is doing a great job in showing how to do it.
looking forward to seeing some rapid action in support of Ukraine - rather than just German industry. Germany has given a pathetically small amount of military aid in terms of German GDP. DYOR.
Today Germany is buying lots of LNG that it didn't previously buy because of it's last 10 years of mistaken energy policy. It is driving up the price of LNG and making ME pay more for energy because of Germany's totally avoidable problems, but that's not the worst of it..... The LNG Germany buys this winter means that poorer countries can't afford to win the auctions and while Europe gets poorer due to German policy errors some parts of the world will have to go without LNG. Paying more doesn't suddenly create all the needed extra gas, it just makes it too expensive for the poorest in the world.
Germany shouldn't be patting itself on the back for filling its tanks it should be apologizing to Ukraine and the rest of the world for empowering Putin and letting him out of his cage.
AND SEND SOME DAMN TANKS TO UKRAINE YOU SELFISH........people.
@Michael Davison
May I ask where you are from? In regards to the military aid, I think you failed to do your own research. There are some underlying problems you are seemingly not aware of. That said, among the small amount of military equipment that was sent is some of the most valuable out of all the military equipment that was sent (from all the countries), but to be fair, the Bundeswehr was not the only one who provided that kind of equipment, other countries provided the same out of their arsenals as well.
But military aid is not the only thing that is important, there are areas which Germany was actually able to be more of service. The Bundeswehr deploys wounded Ukrainian soldiers from Poland since day one. The patients are send to different hospitals around Germany and Europe, esp. to trauma ambulances in big cities. The Bundeswehr does it with an Airbus 310 MedEvac. A flying hospital. The MedEvac Airbus is so unique that even USA sometimes asked Germany for that. It is specially designed for heavily traumatized people that need intensive care during transport. This is the most sophisticated flying hospital you can think of, but the best of it is not the plane, it is the people working on it. 100% highly qualified professionals, specialists for wounded soldiers, to take care of the patients, to save lives. It is one of a kind (I do not know if anyone else in NATO has something with similar capabilities).
Plus Germany is the second biggest financial aid after the US.
I mean, there is much and more to criticize, but I really don't know what you are trying to do here. Obviously German policies were a huge mistake which can't be corrected immediately and which entail their own problems and consequences, but it's also pretty obvious that the former government is not in power anymore and the new government does its best to support Ukraine without committing suicide (which isn't the same as selfishness).
@@Cliohna Good points.
@@michaeldavison9808 Your opinion is outdated, Germany is now No.3 in total arms to Ukraine
I have recently checked Germany's progress and as yet NO FSRU's are in Germany yet as of 10/5/22. Two confirmed to German contract FSRU's are anchored off Spain. One is heading for the US (FSRU's can serve as ordinary LNG tankers when not used as Regasification units, and the fourth possible FSRU is docked in France an may be in the process of being drydocked as it's lower hull paint appears to be needing a new paint job before being sent to Germany where it will sit for ten years. The current confirmed German FSRU's are Hoegh Esperanza, Transgas Power, and Transgas Force. I think that Hoegh Giant, recently released from an Indian contract and it France possibly for a hull repaint might be the fourth FSRU for Germany.
The short answer is no.
???
@@parkerburrus289 I have a more detailed comment about that in this same comment section.
So, less than 10% of North Stream 1 capacity, sometimes next year?
One thing I know, gas prices will never be the same.
1 cost of transportation
2 cost of conversion to gas
3 must compete with international buyers..
Meaning you have to offer higher price.
Other pipelines will be built.
@@theraiderra8798 pipelines to where lol through the ocean?
@@PeterTrimboli There have been plans to build pipelines to other countries near Europe.
Read about it, since you obviously know nothing.
@@theraiderra8798 name the country if you know so much?
@@PeterTrimboli Read about it, why do i have to tell you!?
This will kill tourism for another year.
Wishfull thinking, there is simply not sufficient LNG gas available to cover the needs of Europe.
Furthermore there are not sufficient gas tankers nor the infrastructure to unload the tankers in even close to sufficient quantities available in the world.
Could not agree more!
@@uhwake There is no solution. Germany and the rest of the EU are toast.
@@hpoels851 :DDD toast ? Then what gonna happen to Ruzzia ? their economy is fked beyond imagination :)) but keep wet dreaming, EU gonna be fine, cant say same for Ruzzia ;)
why not open nuclear stn and go to electric heater??
Poland did it first not germany
Germany dancing with the Russian 🐻
Industrial output would be badly hit..
naaaaa.. they will just pay 2x or 3x more for LNG.... good luck to compete with China.... EU gave the cheap gas to china market and buy US LNG with 2x the price... what a genious...
Won't that depend on how much residents use?
@@ricbace You forget that this is a worldwide crisis. China is facing increasing energy prices too. Russia has nowhere near the needed infrastructure to supply china's energy demand.
Also, the EU is one of China's main markets, and with raising inflation, it's losing purchase power. So your hypothesis is very short-sighted.
@@TheGabbaKeks the collapse of industrial society, limits to growth, is here to stay.
GAS IS GREEN ENERGY ACCORDING TO GERMANY.
Germany has always depended on cheap gas. To switch to LNG, will change everything. Will Germany remain competitive in the future, especially when there is developing countries paying lower commodities prices
Say goodbye to 35-hour work weeks and 6 weeks of annual vacations. The Russian subsidy on German GDP is over.
We had overcome worse crisis than that.
Better work more or pay higher prices than living under the rule of a fascist again.
@@krollpeter Arent democracy supposed to provide higher living standards then fascists?
Germany is supposed to be building nuclear plants instead of shutting them down anyway.
people: live in inflation cold dark
leader: build millitary
media: they are evil, we are good
yes, iam talking abt north korea
Why we are not just hooking on to the receiving points of Nordstream 1 and 2? The receiving peers for LNG tanker are relatively fast to build. Naturally the Government has to take over the pipeline infrastructure through legal emergency procedure
too bad they cant open LNG terminals in northern italy or southern france and then pipe the gas to germany...so the LNG ships dont have to travel all the way around europe to germany.
There is significant LNG infrastructure in Spain. However, the French are blocking any pipeline plans from Spain to Germany, because they want to sell nuclear power to Germany.
@@philipkoene5345 The cost of the pipelines was prohibitive to France and not needed.....then came the war.
What about the ships?
It's all very nice building terminals but in order to transport LNG on a ship you need to have many more ships. I know there are already ships specifically built for LNG but the amount of ships specifically built for LNG matches the demand for these ships before the war.
If there is so much extra LNG being transported, where are the extra ships go to come from?
It would be nice to build some new ships but that takes years to build a new ship. Also if the shipyards where these ships are built isn't available then you have to wait. Shipyards don't just wait around for this particular situation to happen, they schedule work years into the future building ships. They might be busy building cargo ships or anything.
And what happens to them if Germany turns on nord 2 ?
@@edwardbarnett6571 Germany can't turn on Nordstream 2. Russia is the one that has to deliver the gas and they don't want to. 4 pipelines are currently not delivering from Russia. If you connect Nordstream 2 to the German gas grid, we have 5 pipelines that don't deliver gas. And it's not the sanctions alone that lead to Russia not delivering gas. It was a long time planned action. Russia bought multiple gas storage facilities in Western Europe in the last decade and deliberately stopped them from refilling the storage in summer of 2021, to cause a supply shock in 2022. Germany took control of the storage facility in 2022 and tried to fill it for this winter, but since the Russian deliveries are gone, they had to buy spot market gas, leading to an explosion of the price.
(Why don't you look up the answer you seek?) In response to growing demand, the makers of the ships, about 90% of which are built in South Korea and Japan, were already boosting their output prior to Putin's war. There are enough to handle the increased European demand, but it will probably be necessary to outbid users elsewhere in order to lease enough of them. New tankers are coming online rapidly.
@@edwardbarnett6571 Worldwide demand is so healthy that a larger and larger fleet is needed anyway. Nice to see your anxious concern for the shipping companies of the world, but you needn't lose any sleep over the state of their business. Besides, NordStream 2 is dead...dead as a Russian tank commander. Cheers.
You still need to find natural gas first before you can liquefy it. So where is the new source of natural gas. There is simply not enough supply to meet the demand for next few years. Plus you will have to build special infrastructures and ships. This will take years. Of course now Europe is going to be totally dependent on US and won't be competitive unless Europe can find new source of gas in some poor country they can take for free.
Europe will make America great again...
That's the goals of the Us and recently alots of German companies are thinking about moving to the US because the gas is much cheaper over there.
Germany buying LNG at a much much higher price then Russian gas. Thank you America
The Iron Curtain is coming sooner than we thought. Fantastic!
U mean civil unrest in germany? There will be breakup between support for russia
@@TMM-N lol. only Russians are “worried” that Europe will freeze or somthing. Their last hope. 😅
Italy's PM and UK's PM already went down, I wonder who will be next this winter when people freeze and become poorer than they were thanks to sanction-induced inflation.
The West side of that Iron Curtain will suffer more.
We could sign 25 years contracts, phase out gas in the mean time, resell the LNG as is on the market if we no longer need it. That worked with pipeline gas, too, didn't it? I think there are worse things than having a surplus of energy, right :)
EU policies are against long term contracts.
unless the government subsidize energy, it will cost a lot.
It does not make to subsidize energy, because they want people to consume less, and the only way to consume less is by jacking-up the price. But do not worry we are winning the war in Ukraine (according to West media 😀)
German gas storage has reached 89% 'all because of LNG' - so Norway supplying extra gas, the UK sending over gas, non of this matters it seems .. ?
As per the government 100% filled gas storage lasts 2.5 month in a normal winter. That's not counting the cost of gas. Evey 10th business is now registered as insolvent due to enegry bills
Why don't the Germans practice adjusting their thermostats to use less gas now, today, rather than waiting until the middle of winter. I can imagine that living in a 60 degree house during the day can be uncomfortable, but it could be worse.
60 degree ? what? my house has 18 degree and its fine.
@@wokeaf1337 Ever heard of Fahrenheit?
Do you realize how cold it gets there
Why do you assume we don't?
@@cyberfunk3793 Yes but has nothing to do with temperature in Europe.
LNG is 50% to 70% expensive than Natural gas. .In long term the products and everything is going to to expensive .Germany is hitting on it foot by buying expensive Gas
if we get the LNG from qatar, wouldn´t it be more sensible to deliver the german ´LNG ito greece, italy,. france, spain, netherlands etc and get it to germany via pipeline?
getting from the mediterranian to the baltic doubles the distance and time...
with the same amount of lng tankers europe could get twice the amount of gas if the delivery is close to the suez exit... crete, cypress ...
@@benchoflemons398 ty
If you go by that route, there will probably be no gas left for Germany? Everyman (or country) for himself..... EU only appears to work as one.. but they are probably not working as one. According to this video, it is only supplying 4.5BCM of gas.... still far from what Germany needs... not to mention at a much higher cost. Habeck and Olaf is throwing a lot of Germany's tax payers money into the problem they created...... They should have sanctioned Russia AFTER they are ready to cut off Russia's energy supply.... what are they thinking i wonder...
Italy and Spain are also leasing LNG gasification ships to take LNG from all sources, likely including Qatar. The USA has stepped up LNG exports and is supplying the EU with half the peak Russia gas supplies. We can send more, the EU just has to have the capacity to accept it.
That pipeline construction will require around 5+ years, but they can also procure it from Algeria, Libya and Nigeria
@@Anaskhanartist we got lots of gas pipelines already connecting pretty much all of europe....
More avoidance. LNG terminal can’t be up by winter. What they need to do is start domestic drilling or encourage nearby drilling in EU. Fracking will produce all over EU.
Respect and quite an achievement in such a short time, bravo!🙌❤️
"Only" 12 to 13% of Germany's imported NG is from Russia, that's relatively replaceable. Too bad we have a dysfunctional, idiotic American Administration or we could fill that gap alone.
If only they could have started 8 years ago and finished two years ago.
@@Thor.Jorgensen For several years did not listen to the concerns of the 3 small Baltic states. They were spot on, but we ignored them. That will not happen ever again.
@@Tarcidz indeed, nobody could
@@Tarcidz why Russia? Russia didn’t impose any sanctions. They did this to themselves 😂😂😂
No it will not fill the needs.
The problem is: There is not enough LNG on the markets to replace the russian natural gas. Germany und the EU have a big problem. Biogas would have been a solution but that was blocked by german politicians in 2017 because of ideology.
Authoritarian Russian gas goes to India, Indians urinate in said gas making it 95% pure, thus becoming clean democratic gas. It's all good, man.
Building new LNG terminals and storage facilities won't help if there is no LNG available to purchase unless it is at a very high price. Aside from being expensive, Germany has been paying an extra premium for the LNG now which eventually will become financially unsustainable. These high prices will have to be passed down to consumers so this cycle won't end unless the sanctions are lifted.
@@uhwake freeze to death then in poverty when grermna industries collapse.
Buy LNG from the US
@@godisgoodallthetime3845 this is what will eventually happen, whether or not they want to admit it now.
Why is Geothermal heating not being used?
This is great for Germany to procure LNG from other energy suppliers . I trust these signed
I trust these signed agreements for energy will prove useful for Germany for the upcoming winter months.
@@waldensmith4796 VERY good, price will very good for busniess and public..
@@slobodanpaunovic3834 I am happy for Germany Slobodan trying their very best to come out of the energy crisis . This will prove beneficial for the Commercial Industrial and Domestic energy needs.
Germany manufacturing bases and economy will implode anyway. It's too late for now!!
@@waldensmith4796 Sounds awesome, just one question...uhmmm who is going to pay for it and what is a cost?
Let's set a ' Price Cap ' on the Oil & Gas from America ( our ally ) !
No empty compressor port available for new buyer like Germany. This is long term contract and preparation , not sudden buy and take.
It will be very expensive.
Freedom is never free.
Fairley certain that a deal was reached with Canada , which has plenty of energy , and while people should be prudent , keeping Europe warm is going to be seen as part of keeping Ukraine supplied on the battlefield.....Germany quitely reached 90% reserves......that these countries are working daily and will solve the problem is without doubt !
Good thing the U.S. and Canada are bailing out Europe's gas or they'd be in trouble.
Trump warned them what would happen if they relied on Russia. Germany laughed and know we laugh at Germany. Canada is fighting a climate crisis so no energy for you people.
How much you will pay?
Canada said, "No" to Germany. To save face, they agreed to some future hydrogen green tech that will never happen. The USA is the only game in town, besides Norway for LNG.
Germany is also buying Russian LNG...
Still seems like nobody understand: LNG is only for emergency purpose, it's too expensive for industries as well as consumers, particularly if it comes from far distance countries like US, China or out of Europe. Because it counts on highly unreliable shipping with complex terminals, it's quite unreliable when counting on delivery.
Japan and China rely on LNG on a regular and constant basis, China is the top manufacturing country (28% of global manufacturing output) and the top LNG importer. LNG is not that expensive and liquefaction adds $2 to 3 per MMBTU (1 MMBTU = 0.293071 MWh ), cost of gas in Europe right now is 194 euros/MWh, cost of gas in the US is around $7.5/MMBTU, LNG will be around $10.5/MMBTU, with long term contracts Germany will avoid having to pay the European spot price of 194/MWh or 56/MMBTU.
With money everything is possible 👏🏾
Yep 4.5 TRILLION dollars to be exact
From whom are they going to get the LNG? They need enormous amounts. When will people understand that this is misinformation aimed to stop civil unrest.
This is the result of turning away from zero-carbon nuclear electricity generation.
Turning away from nuclear energy was a strategic blunder but this form of energy is not carbon neutral.
@@pjhgerlach Natural gas? No, it isn't.
Nuclear? Yes, it is.
All electricity generation requires construction, transport of materials, etc. Even wind and solar are not zero-carbon in that respect, either.
But in generation itself, nuclear is zero-carbon.
In the long run, burning fuels is inefficient and as much as possible moving to electric vehicles, machinery, appliances is the way to go.
Of course, reforestation is one way to offset emissions as well.
@@stephenbailey9969 I'm all for nuclear but only if they are replaced in the future with more efficient ones. The current power plants use only a fraction of the fuel rods.
It might be Zero-Carbon. It is not Zero-Nulear-Waste.
@@philipkoene5345 Correct. That requires facilities for recycling/re-using or locations for burial.
The technology over the last forty years has advanced significantly compared to the first nuclear power generation facilities.
GERMANY PAST POOR LEADERSHIP GAVE YOU THIS SITUATION. YOU REAP WHAT YOU SOW !!!!!!!!!
German reserves are already at 91%. So it wont run out of gas
91% of what?
91% Windows 7 progress bar to "Not Nearly Enough"
@@paulblichmann2791 dude 91% full
just like the citizens pay 91% of their wage for energy hahaha
just like 91% can't afford to pay the bills haha
Are you that naive? 91% of what? You did not ask 91% of 1 liter? 91% of 100 milliliters? You need to know the total storage capacity. Knowing 91% is not enough information to determine if it is enough. They are hiding the true number. What is the total storage capacity, and in a normal winter how much of that is used daily. So many numbers are missing on purpose to give people a false sense of security...
Renewable gas, heat pumps really, are a far better solution vs fracked gas.
Something interesting you may not have thought of with LNG is LNG is a liquid that needs to be turned into a gas to put into your natural gas network. While you may say "Duh!", there is an obvious point missed here. This is steam turbines work on the principle of of turning water into steam and the expansion of water into steam at least in part is used to generate electricity. With LNG the interesting thing is you only need outside air as a heat source to turn cryogenic LNG into 'steam' a.k.a. natural gas. So yeah, you could have a "cryo steam" power plant at your conversion facility as in you boil the dense LNG into voluminous natural gas and run a 'steam' turbine with it to generate electricity.
The gas however also needs to be fed into the bulk transport pipeline grid afterwards, which runs at 200 bar. So you can’t do that much expansion right at port, what however you could do, is gain energy at the various fed in points for the distribution grid in cities running at 60 bar.
@@paulschmidts5429 This is an interesting point you bring up. For whatever reason I thought the pressure was lower than this, but I am no expert, so defer to you. I thought turning LNG into gas in the same volume would be ~550 bar, so even 200 bar would be a big step down. In a way this is more efficient because say in a gas turbine expansion cools the gas alone and then each subsequent disk is less efficient at extracting energy from the working fluid as heat expands while cooling lowers the pressure. With this with each stage far apart, there is plenty of time for the gas to warm up before hitting the next step down in pressure. Thus the expanded and further re-warmed gas as it travels down the pipeline will create more volume for a more effective next stage. It is just now your "cryo power plant" using the environment as its heat source is distributed throughout the country and having the 200 bar at the top is a plus because then more power is generated closer to where it will be used.
Why are you disregarding imports from Norway via Europipe I and II?
Nobody should rely on Russian energy unless they want to be ruled by Putin.
And also world should never depend upon west and usa reliance.
Russian gas delivery is always reliable
There is enough LNG on the spot market for Europe at 18Bn tons. The problem for Europe is that spot market is expensive. The solution for Europe is to enter into contracts with reliable suppliers, something that illogically the Europeans have declined to do. Meanwhile Japan, South Korea and others have secure long term LNG supplies because they made themselves reliable customers, something that the Europeans aren’t.
If any country can do it, Germany can! 👍💪🧠
LNG is in huge demand in Asia since they don't have any pipelines, they will always pay premium of LNG since they don't have many alternatives.
No they won't because the biggest LNG exporter is the US. It will give them a discount not to have to deal with germany.
no they don't pay premium, most have long term agreement with fixed low price
Then maybe, just maybe, Asian political leaders should be as adamant as Western political leaders in telling Putin to cut it out. Putin started all of this.
@@philipkoene5345 Hardly Putin will gain much of this. USA is started all and NATO, USA will start selling all their resources to Europe now with much higher price than Russians sell to them. More gain for USA everyone in EU now want their weapons they will sell everything now just 100Billion Germany alone.
If we are frugal and lucky with the weather we have chance? That sounds like not a chance
I think it was in context of germany getting trough the winter /without any/ economic damage which would be the best case and like really impressive if we look at our dependence from a year ago. At the end we will get trough the winter without major problems and thats the important part.
Why are they not using their wind farms? They have 61,000 megawatts of capacity which do not need fossil fuel and give off no co2 emissions.
1:25 - we all know how long it takes to get anything done in Germany. Let's see if they can get things done by next spring - when storage is empty.
Hopefully faster than the BER airport!🤣
@@dimzoll3669 🤣😂🤣😂✔️🍾
You already spent $10B building the infrastructure, namely the Nordstream 2. But alas, you must do Washington's bidding.
Germany will get by this winter with 90% current gas storage filled, conservation methods including high price getting people to turn down thermostats, and six new LNG terminals opening beginning in December. Of course LNG suppliers must increase production and shipping capacity to fill the lost Russian supply as well.
Near total cutoff of Russian gas is the worst case scenario and most of Europe will get by just fine this year though it may be costly. Eastern Europe may have more trouble with their high dependence on Russian gas.
Europe will get by with suffering
6 new LNG ports in December? What are you smoking?
The point isn't to replace Russian gas, but to replace it at the same price. And that won't be possible.
@@panongkone no. In REALITY they will pay more but only turn down their thermostats a few degrees and wear a sweater inside. How tough is that?
Eastern Europe may have more trouble with countries like Estonia Latvia Lithuania Czech Slovakia Hungary Romania Bulgaria with high dependence on Russian gas.
But Latvia has an LNG terminal
Romania produces its own gas
And Bulgaria gets gas from the Transanatolian pipeline
Yeah it is 80% reserves only to last 3-4 months with shut downs of industries and decreased household consumption where most Germans will be colder than previous winters.
It is the end of German competitiveness, all done thanks to the US.
What with next winter? How they will fill storages?
How can the reserves rise when the supply has been cut off
This doesn't add up
Germany got 40% of their gas from Russia so 60% came from elsewhere .
Also only Nord Stream was cut of , there are two smaller pipelines still supplying gas to Germany from Russia.
They have been building up the reserves over a longer time periode, since before the ukraine war. It's now about 90% of max. Norway, Netherlands, among else, supply them the most now.
It would take China a few weeks to build 5 LNG terminals.
Not friendly country
And they'd accidentally start on fire.
@@Matthew-rp3jf All good the CCP will cover it up. lol.
Most things they build work well for a few years.
This is gonna cost a fortune
It already is... up to 1000% increase, every 10 th business is registered insolvent now and it's just the beginning
The German utilities have to sign up for the 20-25 yr LNG contracts. The Liquefaction plants are expensive to build, and the exporters need those contracts to justify the additional construction costs. You cannot rely on the spot market.
precisely. why would LNG suppliers invest in a short term solution, they won't. So are germany going to end up buying much higher priced LNG for their foreseeable future? what happens if they get reserves to 95% but then use it all this winter? then they will be on 0% next year?
@@Writeous0ne You guys sound like you work in the Kremlin at the Ministry of Gazprom. I suggest you find work elsewhere. On the Ukrainian front maybe? I hear they're hiring.
@@dixonpinfold2582 just an objective view, which part of what i said is not correct?
Russian gas was a good solution during the last 70 years and it will be a good solution for the next 70 years.
LNG is rubbish.
I would have never guessed to live thru a winter with so many „if“ statements. Considering what is at stake, we simply just can’t rely on the weather or the frugality of the people. That’s not risk management, that’s wishful thinking.
Of course Germany will not run out of gas if they pay the right price. The question is will Germany's industries be able to stay competitive and even survive after paying much higher price? If they are not able to many will loose their jobs and their economy will be in ruins...
Probably yes. Based on cost analysis at current market rates, you're talking within a 10-15% price difference, and LNG is just a small part of the energy production (natural gas is ~12% of energy production, so probs a 5-10% energy price cost difference, and that was pre-Russia times the percentage, it's dropped now).
Most of it goes into heating, which is the issue, and the electricity prices should stabilize by year-end anyways, since French nuclear reactors are coming back online, that's a major reason for the energy deficit in Europe.
Their own fault. They been warn about this year's ago. Even Trump told them not to use Russia gas. They just laugh at him. Looks who is laughing now.
@@michaelyun2407 I can't stand Trump, but you are right that he did warn the Germans about using Russian gas. He was the only one saying it that I can recall and he was...right.
@@thepianist7084 he was far from the only one, Bush already said in 2009 that Nord Stream 1 (and the proposed 2) were bad, Obama same thing (was even one of the last official statements end of 2016), it's one of the few things that Democrats and Republicans could agree on since the beginning that hasn't changed.
@@Masterrunescapeer Interesting. Thanks!
LNG is like filling out tank with a syringe ...
Can't ever forget the moment the German delegation was laughing at Trump, when he was warning them for being overly reliant on the Russians for energy, who was right 😂😂
The sad thing is, that (the laughing dudes) was the party which was governing the last 1/2 decades but right after they completely failed with corona got replaced with our new govrnment who needs to fix 2 decades of ignorance in sooooo many parts of Germany. While getting politically backstabbed by the (now opposition) party which drove us in the pit the first place... Love the fact that many people still vote for them after all of their proven incompentence... germany babyy.. (but prob everywhere really xD).
Broken clocks and all that
And Obama before that
Can't ever forget the moment you let a couple of Trump's fascists storm your capitol 😂😂
Obama already told the Germans about it , well before Trump . I wonder why the people who bring this up always forgot that Obama had already said it and make it all about Orange Man🤣 . The Germans made a mistake and have admitted it but the Americans elected Trump as a president who later try to overthrow American democracy and stole Top secret documents putting USA national security in danger , so I don't know who is worse 🤣🤣