The China Mail - Low Rhine deepens Germany's energy crisis

USD -
AED 3.672945
AFN 71.515562
ALL 86.94961
AMD 389.939958
ANG 1.80229
AOA 915.999667
ARS 1172.9892
AUD 1.560185
AWG 1.8
AZN 1.687821
BAM 1.720875
BBD 2.018575
BDT 121.46782
BGN 1.725883
BHD 0.37691
BIF 2935
BMD 1
BND 1.306209
BOB 6.908081
BRL 5.674401
BSD 0.99974
BTN 84.489457
BWP 13.685938
BYN 3.271726
BYR 19600
BZD 2.008192
CAD 1.37935
CDF 2872.999879
CHF 0.825695
CLF 0.024788
CLP 951.229649
CNY 7.27135
CNH 7.270995
COP 4243.1
CRC 504.973625
CUC 1
CUP 26.5
CVE 97.62505
CZK 22.028021
DJF 177.720538
DKK 6.590695
DOP 58.849845
DZD 132.651987
EGP 50.839498
ERN 15
ETB 131.849601
EUR 0.883015
FJD 2.25945
FKP 0.7464
GBP 0.750775
GEL 2.744963
GGP 0.7464
GHS 14.125014
GIP 0.7464
GMD 71.502639
GNF 8655.000086
GTQ 7.69911
GYD 209.794148
HKD 7.755845
HNL 25.824976
HRK 6.653403
HTG 130.612101
HUF 357.316013
IDR 16554.05
ILS 3.63992
IMP 0.7464
INR 84.561198
IQD 1310
IRR 42112.49408
ISK 128.649713
JEP 0.7464
JMD 158.264519
JOD 0.709199
JPY 143.008025
KES 129.497429
KGS 87.450184
KHR 4001.999982
KMF 434.49611
KPW 899.962286
KRW 1424.74995
KWD 0.306504
KYD 0.833176
KZT 513.046807
LAK 21614.999723
LBP 89600.000276
LKR 299.271004
LRD 199.577898
LSL 18.629585
LTL 2.95274
LVL 0.60489
LYD 5.454983
MAD 9.26875
MDL 17.160656
MGA 4509.999741
MKD 54.316596
MMK 2099.391763
MNT 3573.279231
MOP 7.987805
MRU 39.750136
MUR 45.159946
MVR 15.410097
MWK 1735.999892
MXN 19.613201
MYR 4.314499
MZN 64.000264
NAD 18.629738
NGN 1602.529753
NIO 36.697423
NOK 10.402335
NPR 135.187646
NZD 1.68454
OMR 0.384943
PAB 0.99974
PEN 3.6615
PGK 4.030499
PHP 55.780526
PKR 280.898478
PLN 3.78005
PYG 8007.144837
QAR 3.640973
RON 4.395801
RSD 103.43097
RUB 82.013774
RWF 1415
SAR 3.751221
SBD 8.361298
SCR 14.237635
SDG 600.502786
SEK 9.662047
SGD 1.305725
SHP 0.785843
SLE 22.790211
SLL 20969.483762
SOS 571.999643
SRD 36.846978
STD 20697.981008
SVC 8.747487
SYP 13001.4097
SZL 18.630308
THB 33.430038
TJS 10.537222
TMT 3.5
TND 2.96375
TOP 2.342099
TRY 38.52375
TTD 6.771697
TWD 32.047014
TZS 2690.000195
UAH 41.472624
UGX 3662.201104
UYU 42.065716
UZS 12945.00049
VES 86.73797
VND 26005
VUV 120.409409
WST 2.768399
XAF 577.175439
XAG 0.030629
XAU 0.000305
XCD 2.70255
XDR 0.71673
XOF 576.000137
XPF 105.649908
YER 244.950087
ZAR 18.60662
ZMK 9001.201184
ZMW 27.817984
ZWL 321.999592
  • CMSC

    -0.2300

    22.01

    -1.04%

  • CMSD

    -0.0500

    22.3

    -0.22%

  • SCS

    -0.0900

    9.92

    -0.91%

  • RBGPF

    63.0000

    63

    +100%

  • NGG

    -0.0400

    73

    -0.05%

  • AZN

    0.0800

    71.79

    +0.11%

  • RYCEF

    -0.2500

    10

    -2.5%

  • BTI

    0.6900

    43.55

    +1.58%

  • GSK

    0.8800

    39.85

    +2.21%

  • RIO

    -1.4800

    59.4

    -2.49%

  • RELX

    0.8400

    54.63

    +1.54%

  • BCC

    -1.2200

    93.28

    -1.31%

  • JRI

    -0.0200

    12.91

    -0.15%

  • BCE

    0.3300

    22.25

    +1.48%

  • VOD

    0.1800

    9.76

    +1.84%

  • BP

    -0.6100

    27.46

    -2.22%

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".

O.Yip--ThChM