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Demand for electricity went down due to increasing deindustrialization, which leads to a lower price than it otherwise would be.
by cubefox 2y ago
Demand for electricity went down due to increasing deindustrialization, which leads to a lower price than it otherwise would be.
- jiggawatts 2y agoGerman machinery exports are growing, not shrinking: https://www.georesources.net/cms.php/en/news/755/Germany-Machinery-Exports-to-reach-Record-Level-in-2022 https://www.georesources.net/cms.php/en/news/755/Germany-Mac... There was a dip due to COVID, and it doesn't help matters that their biggest customer is China, which locked down their population for nearly a year during the pandemic. Sure, China makes widgets, but Germany makes the robots that make the widgets.
- cubefox 2y ago"Machinery exports" growing doesn't mean industry isn't moving out of the country.