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Energy security like from the US? Germany spending billions to switch to US LNG as fast as possible just to be gut punched. Russia delivered gas without problem
by KingOfCoders 3y ago
Energy security like from the US? Germany spending billions to switch to US LNG as fast as possible just to be gut punched. Russia delivered gas without problems for 50+ years, the US is not able to deliver LNG reliably for 1 year:
"The U.S. has become the biggest exporter of LNG to Europe [..] U.S. President Joe Biden last week paused approvals for applications to export from new LNG projects to review the climate change and economic impact of such projects." [0]
The only energy the EU can really control is solar, but probably has not enough room for panels to replace LNG with green hydrogen.
[0] https://www.reuters.com/business/energy/us-lng-export-pause-leaves-eu-industry-odds-over-energy-security-2024-02-02/ https://www.reuters.com/business/energy/us-lng-export-pause-...