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

USD -
AED 3.67295
AFN 66.503991
ALL 80.603989
AMD 366.170403
AOA 917.000367
ARS 1491.937904
AUD 1.414627
AWG 1.80125
AZN 1.70397
BAM 1.696506
BBD 2.013896
BDT 123.776354
BHD 0.377104
BIF 2987.5
BMD 1
BND 1.281271
BOB 11.884005
BRL 5.083304
BSD 0.999879
BTN 95.145572
BWP 13.496235
BYN 2.977343
BYR 19600
BZD 2.010921
CAD 1.39555
CDF 2262.50392
CHF 0.80802
CLF 0.023137
CLP 913.560396
CNY 6.747604
CNH 6.743285
COP 3157.16
CRC 454.53954
CUC 1
CUP 26.5
CVE 95.703894
CZK 20.982104
DJF 177.720393
DKK 6.46804
DOP 58.250393
DZD 132.93304
EGP 49.555853
ERN 15
ETB 160.000358
EUR 0.86495
FJD 2.20855
FKP 0.743241
GBP 0.741235
GEL 2.610391
GGP 0.743241
GHS 11.76039
GIP 0.743241
GMD 73.503851
GNF 8775.000355
GTQ 7.628986
GYD 209.187745
HKD 7.84315
HNL 26.880388
HRK 6.518804
HTG 130.738004
HUF 314.060388
IDR 17801
ILS 2.99985
IMP 0.743241
INR 95.13785
IQD 1310.5
IRR 1375550.000352
ISK 123.340386
JEP 0.743241
JMD 158.790465
JOD 0.70904
JPY 157.80604
KES 128.780385
KGS 87.450384
KHR 4052.503796
KMF 426.00035
KRW 1407.890383
KWD 0.30866
KYD 0.833247
KZT 468.616634
LAK 22582.503779
LBP 89550.000349
LKR 335.380452
LRD 181.550382
LSL 16.130381
LTL 2.95274
LVL 0.60489
LYD 6.365039
MAD 9.305039
MDL 17.387495
MGA 4310.000347
MKD 53.374161
MMK 2099.552715
MNT 3596.040078
MOP 8.079926
MRU 40.090379
MUR 47.050378
MVR 15.450378
MWK 1737.000345
MXN 17.136204
MYR 4.090104
MZN 63.905039
NAD 16.250377
NGN 1364.860377
NIO 36.795607
NOK 9.51237
NPR 152.232915
NZD 1.696641
OMR 0.382792
PAB 0.999866
PEN 3.385039
PGK 4.42225
PHP 60.705038
PKR 277.803701
PLN 3.719205
PYG 5945.498155
QAR 3.644504
RON 4.536304
RSD 102.024038
RUB 81.892834
RWF 1465
SAR 3.780227
SBD 8.065696
SCR 14.475038
SDG 600.503676
SEK 9.480804
SGD 1.278204
SLE 24.603667
SOS 600.503662
SRD 37.866504
STD 20697.981008
STN 21.375
SVC 8.749095
SZL 16.245038
THB 33.050369
TJS 9.223917
TMT 3.51
TND 2.912038
TRY 47.697504
TTD 6.777323
TWD 32.250604
TZS 2647.503038
UAH 44.783463
UGX 3724.827703
UYU 40.249652
UZS 11950.000334
VES 755.762404
VND 26204.5
VUV 119.010387
WST 2.728415
XAF 568.992228
XAG 0.015756
XAU 0.00023
XCD 2.70255
XCG 1.802071
XDR 0.708194
XOF 568.000332
XPF 103.350363
YER 238.403589
ZAR 16.14632
ZMK 9001.203584
ZMW 18.872278
ZWL 321.999592
  • CMSC

    0.0240

    21.744

    +0.11%

  • RIO

    1.4500

    101.1

    +1.43%

  • NGG

    0.4700

    80.88

    +0.58%

  • BCE

    -0.0200

    22.75

    -0.09%

  • RBGPF

    0.7600

    70.5

    +1.08%

  • VOD

    0.1900

    16.19

    +1.17%

  • CMSD

    -0.1600

    21.82

    -0.73%

  • RYCEF

    0.2300

    20.85

    +1.1%

  • BTI

    0.6000

    59.33

    +1.01%

  • BCC

    2.3400

    86.6

    +2.7%

  • JRI

    0.1500

    12.81

    +1.17%

  • GSK

    0.7900

    52.96

    +1.49%

  • RELX

    0.0485

    35.52

    +0.14%

  • BP

    -0.6000

    41.63

    -1.44%

  • AZN

    1.4100

    161.42

    +0.87%

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