The Fort Worth Press - Low Rhine deepens Germany's energy crisis

USD -
AED 3.672504
AFN 65.000368
ALL 79.60134
AMD 362.536449
ANG 1.790365
AOA 918.000367
ARS 1514.503978
AUD 1.400168
AWG 1.8
AZN 1.70397
BAM 1.702398
BBD 2.01149
BDT 122.644384
BGN 1.683441
BHD 0.376463
BIF 3002.654829
BMD 1
BND 1.276233
BOB 9.812421
BRL 5.142041
BSD 0.998738
BTN 95.698307
BWP 13.543979
BYN 3.021108
BYR 19600
BZD 2.008617
CAD 1.39985
CDF 2311.000362
CHF 0.822497
CLF 0.024299
CLP 959.460396
CNY 6.69765
CNH 6.703907
COP 3159.072116
CRC 446.794621
CUC 1
CUP 26.5
CVE 95.978587
CZK 21.197204
DJF 177.847413
DKK 6.508104
DOP 58.945902
DZD 134.064499
EGP 52.246159
ERN 15
ETB 163.132872
EUR 0.870604
FJD 2.215904
FKP 0.747943
GBP 0.74691
GEL 2.603861
GGP 0.747943
GHS 11.505418
GIP 0.747943
GMD 73.503851
GNF 8780.084432
GTQ 7.621535
GYD 208.948079
HKD 7.84505
HNL 26.810289
HRK 6.559704
HTG 130.530531
HUF 317.150388
IDR 17812.1
ILS 3.03663
IMP 0.747943
INR 95.935504
IQD 1308.35183
IRR 1374600.000352
ISK 121.190386
JEP 0.747943
JMD 157.705532
JOD 0.70904
JPY 156.880385
KES 129.329329
KGS 87.450384
KHR 4047.525787
KMF 428.00035
KPW 900.000318
KRW 1386.040383
KWD 0.30816
KYD 0.832311
KZT 446.516081
LAK 22379.771075
LBP 89435.000218
LKR 330.574052
LRD 172.781477
LSL 16.23702
LTL 2.95274
LVL 0.60489
LYD 6.343735
MAD 9.462593
MDL 17.552335
MGA 4329.546938
MKD 53.553554
MMK 2099.853501
MNT 3598.053261
MOP 8.069983
MRU 40.178439
MUR 47.570378
MVR 15.450378
MWK 1731.818775
MXN 17.228804
MYR 4.083704
MZN 63.910377
NAD 16.23702
NGN 1331.730377
NIO 36.749793
NOK 9.410376
NPR 153.117465
NZD 1.735659
OMR 0.385359
PAB 0.998738
PEN 3.37024
PGK 4.445315
PHP 62.910375
PKR 276.819167
PLN 3.79885
PYG 5920.703312
QAR 3.65052
RON 4.582404
RSD 102.180441
RUB 84.084084
RWF 1467.119293
SAR 3.757625
SBD 8.000512
SCR 14.034038
SDG 601.503676
SEK 9.829604
SGD 1.276204
SHP 0.747524
SLE 24.650371
SLL 20969.491881
SOS 570.744658
SRD 37.945504
STD 20697.981008
STN 21.325673
SVC 8.739174
SYP 13002.000254
SZL 16.231884
THB 33.323038
TJS 9.213126
TMT 3.51
TND 2.937894
TOP 2.40776
TRY 48.767038
TTD 6.779823
TWD 31.780367
TZS 2646.559603
UAH 44.62123
UGX 3939.591766
UYU 40.161901
UZS 11824.868347
VES 847.485104
VND 26022
VUV 118.239179
WST 2.750232
XAF 571.078855
XAG 0.015096
XAU 0.000228
XCD 2.70255
XCG 1.799974
XDR 0.707052
XOF 571.078855
XPF 103.808156
YER 236.550363
ZAR 16.26987
ZMK 9001.203584
ZMW 19.630065
ZWL 321.999592
SSP 5704.181901
MXV 1.953264
  • CMSC

    0.0400

    20.71

    +0.19%

  • GSK

    -0.8400

    50.22

    -1.67%

  • BP

    -0.8400

    44.58

    -1.88%

  • RIO

    -0.6700

    97.37

    -0.69%

  • NGG

    -0.8000

    76.8

    -1.04%

  • AZN

    -0.0600

    166.08

    -0.04%

  • JRI

    -0.0600

    11.55

    -0.52%

  • BTI

    -0.1900

    55.83

    -0.34%

  • RBGPF

    -1.6900

    68.3

    -2.47%

  • BCC

    0.1600

    75.69

    +0.21%

  • CMSD

    0.0000

    20.45

    0%

  • RYCEF

    0.7100

    20

    +3.55%

  • BCE

    -0.2200

    22.06

    -1%

  • VOD

    -0.5700

    16.95

    -3.36%

  • RELX

    -0.9700

    33.41

    -2.9%

Low Rhine deepens Germany's energy crisis
Low Rhine deepens Germany's energy crisis / Photo: © AFP

Low Rhine deepens Germany's energy crisis

A hot, dry July made worse by climate change has raised the risk that the German economy could run aground as sinking Rhine waters make shipping along the river harder.

Text size:

The prospect of severe, longer-term limits to traffic spells a new headache for the industries lined up on the river's banks and threatens to further strain Germany's efforts to wean itself off Russian energy imports as coal counts among key cargo moved on the waterway.

Roberto Spranzi, boss of DTG, a shipping cooperative, says the volumes that his fleet can carry are already limited by the unusually low water levels.

"At the moment we have a capacity where, we have to use three or four vessels where we would normally need one," Spranzi tells AFP.

Pointing at the worrying ebb at the entrance to the inland port of Duisburg in western Germany, Spranzi notes that "currently it's at 1.70 metres (5.6 feet) In theory, the normal water level is over two metres".

Further up the river in Kaub, a noted bottleneck for shipping where the Rhine runs narrow and shallow, the reference level is forecast to go below 40 centimetres by the end of the week and squeeze traffic further.

"We supply factories on the Rhine with their raw materials. When that's not possible any more -- or less often -- that's a threat to German industry, too," Spranzi says.

- Coal power -

Around four percent of freight in Germany is carried via its waterways, including the Rhine, which winds its way from Switzerland, along the border with France, through Germany's industrial heartland and the Netherlands to the sea.

As Berlin turns to mothballed coal power capacity to plug the gap after Russia curtailed its energy deliveries, the Rhine has taken on added significance as a key artery for coal transport.

But the sinking water level has already led energy providers to warn they may have to limit output.

Uniper has said the low level of the Rhine may lead to the "irregular operation" of two of its coal plants into September.

EnBW, which runs sites in the southwestern region of Baden-Wurttermberg, has warned that deliveries of the fuel could be restricted.

The dwindling waters have seen "transport costs per tonne rise", EnBW said in a statement, adding that it had preemptively built stocks of coal earlier in the year.

Alternative routes were available -- either by road or rail -- but capacity was "tight", EnBW said.

The Rhine freight restrictions have added to the supply chain disruption seen by industry and increased the risk of scarcity.

Across southern Germany, a shortage of fuel at the pump has been traced back to the dry weather, among other factors.

"Low water levels on the Rhine mean that in this area very important transportation of oil products, such as petrol, diesel or heating oil can't operate as normal," says Alexander von Gersdorff, spokesman for the German energy and fuel industry lobby.

- 'Much earlier' -

A 2018 drought, which saw the Rhine's reference depth at Kaub fall as low as 25 centimetres in October, shaved 0.2 percent off German GDP that year, according to Deutsche Bank Research.

"The low levels have come much earlier this time," Deutsche Bank Research economist Marc Schattenberg tells AFP.

"If the problems we are now observing last longer (than in 2018), the loss of economic value becomes all the more serious."

Industrial heavyweights stationed along the Rhine rely on the waterway to ferry goods to and from their sites.

Duisburg-based conglomerate ThyssenKrupp said in a statement it had "taken measures" to assure its supplies of raw materials.

The chemical giant BASF, whose Ludwigshafen base sits south of the Kaub choke-point, said its production had not yet been limited by the low water levels, but warned that it could not rule out "reductions for specific units in the coming weeks".

P.Grant--TFWP