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Ok energy-charts.info is providing all info regarding installed power and electricity generation for Germany. For heavy industries leaving Germany: * https://c

Ok energy-charts.info is providing all info regarding installed power and electricity generation for Germany. For heavy industries leaving Germany: * https://cen.acs.org/business/finance/BASF-cutting-back-main-site/101/web/2023/02 https://cen.acs.org/business/finance/BASF-cutting-back-main-... * https://www.theguardian.com/business/2023/feb/24/basf-cut-jobs-energy-crisis-germany-recession https://www.theguardian.com/business/2023/feb/24/basf-cut-jo... * https://www.ifo.de/en/press-release/2022-10-20/germanys-glass-industry-sees-bleak-future https://www.ifo.de/en/press-release/2022-10-20/germanys-glas... * https://www.politico.eu/article/germany-industry-europe-energy-prices-basf/ https://www.politico.eu/article/germany-industry-europe-ener... Here you can see that industrial part of the GDP is shrinking: * https://tradingeconomics.com/germany/manufacturing-value-added-percent-of-gdp-wb-data.html https://tradingeconomics.com/germany/manufacturing-value-add... What are your sources?

locallost 3y ago
BASF is a drop in the bucket and it left not because of high electricity prices like you claimed, but high natural gas prices which they directly use for production. e.g. https://www.reuters.com/business/energy/basf-could-cut-output-further-amid-fragile-gas-supply-2022-09-05/ https://www.reuters.com/business/energy/basf-could-cut-outpu... > BASF is already reducing production of ammonia, which relies heavily on natural gas, and sourcing some it its ammonia needs from outside Europe, where gas prices are lower. Heavy industries in general will take a while to electrify (globally), you can read on the challenges of that e.g. here https://www.iea.org/articles/the-challenge-of-reaching-zero-emissions-in-heavy-industry https://www.iea.org/articles/the-challenge-of-reaching-zero-... So again, sorry, but you are off.
- mahkeiro 3y ago
  Basic fact you don’t seem to grasp is that electricity price in Europe are directly dependent on gas price as the price is governed by the price of the last capacity called which in Europe are gas driven… Chemical plants but not only as the articles mentioned but glass ceramic etc are using large amount of electricity. The current decrease in electricity usage(that’s not only happening in Germany but throughout all Western Europe) is caused by industrial process moving out of Europe.
  - locallost 3y ago
    You seem to be hopping from one vaguely connected argument to another. I am aware that gas price sets the electricity price when deployed, but it has nothing to do with BASF, they were hit hard by specifically gas prices because they use gas. I already posted the link(s). And furthermore, that BASF went to China in 2023 did not affect electricity use in 2020, nor is BASF responsible for 50TWh of electricity per year. There is no grand scale industry movement out of Germany.

locallost 3y ago

BASF is a drop in the bucket and it left not because of high electricity prices like you claimed, but high natural gas prices which they directly use for production. e.g. https://www.reuters.com/business/energy/basf-could-cut-output-further-amid-fragile-gas-supply-2022-09-05/ https://www.reuters.com/business/energy/basf-could-cut-outpu... > BASF is already reducing production of ammonia, which relies heavily on natural gas, and sourcing some it its ammonia needs from outside Europe, where gas prices are lower. Heavy industries in general will take a while to electrify (globally), you can read on the challenges of that e.g. here https://www.iea.org/articles/the-challenge-of-reaching-zero-emissions-in-heavy-industry https://www.iea.org/articles/the-challenge-of-reaching-zero-... So again, sorry, but you are off.

mahkeiro 3y ago
Basic fact you don’t seem to grasp is that electricity price in Europe are directly dependent on gas price as the price is governed by the price of the last capacity called which in Europe are gas driven… Chemical plants but not only as the articles mentioned but glass ceramic etc are using large amount of electricity. The current decrease in electricity usage(that’s not only happening in Germany but throughout all Western Europe) is caused by industrial process moving out of Europe.
- locallost 3y ago
  You seem to be hopping from one vaguely connected argument to another. I am aware that gas price sets the electricity price when deployed, but it has nothing to do with BASF, they were hit hard by specifically gas prices because they use gas. I already posted the link(s). And furthermore, that BASF went to China in 2023 did not affect electricity use in 2020, nor is BASF responsible for 50TWh of electricity per year. There is no grand scale industry movement out of Germany.