{"id":61102,"date":"2021-12-24T10:00:36","date_gmt":"2021-12-24T15:00:36","guid":{"rendered":"https:\/\/olduvai.ca\/?p=61102"},"modified":"2021-12-24T10:00:36","modified_gmt":"2021-12-24T15:00:36","slug":"rolling-blackouts-spread-across-europe-amid-energy-crisis","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=61102","title":{"rendered":"Rolling Blackouts Spread Across Europe Amid Energy Crisis"},"content":{"rendered":"<header class=\"ArticleFull_header__11o5_\">\n<h3 class=\"ArticleFull_title__2cUI6\"><a href=\"https:\/\/www.zerohedge.com\/commodities\/rolling-blackouts-hit-kosovo-amid-europes-energy-crunch\">Rolling Blackouts Spread Across Europe Amid Energy Crisis<\/a><\/h3>\n<\/header>\n<div class=\"NodeContent_mainContent__38L44\">\n<div class=\"NodeContent_body__2clki NodeBody_container__1M6aJ\">\n<p>Europe&#8217;s energy crisis worsened this week when Kosovo introduced rolling blackouts to most of its two million citizens, according to\u00a0<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-12-23\/europe-s-energy-crisis-deepens-as-kosovo-rolls-out-power-cuts\">Bloomberg<\/a>.<\/p>\n<p>On Thursday, the Kosovo Energy Distribution Services (KEDS) announced rolling two-hour power blackouts for 2 million people due to an &#8220;overload&#8221; of its electrical grid.<\/p>\n<p>KEDS asked customers to reduce power given\u00a0&#8220;insufficient internal generation to cover consumption and the global energy crisis.&#8221;<\/p>\n<div class=\"Advert_desktop__1J5vD Advert_tablet__3QEBr Advert_mobile__1rlLc Advert_placement__1I4yb Advert_align__N0_fw\">\n<aside id=\"in-content-video\" class=\"Advert_verticallySpaced__wnPy3\" data-google-query-id=\"CLSZn7jY_PQCFcjBhwodXhEJ5A\">\n<div id=\"google_ads_iframe_\/21841313772,21778456762\/zerohedge\/in_content_video_0__container__\">The Balkan country, Europe&#8217;s poorest nation, experienced a technical issue at its largest coal-fired power plant that had to shut down last month, which forced the government to import electricity at high prices.<\/div>\n<\/aside>\n<\/div>\n<p><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/map_14.jpg?itok=6VQSjI6d\" data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/map_14.jpg?itok=6VQSjI6d\" data-link-option=\"0\"><picture><img loading=\"lazy\" decoding=\"async\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/map_14.jpg?itok=6VQSjI6d\" alt=\"\" width=\"500\" height=\"579\" data-entity-type=\"file\" data-entity-uuid=\"3dca3405-c93a-43aa-8fbc-38f57ab9d8ad\" data-responsive-image-style=\"inline_images\" \/><\/picture><\/a><\/p>\n<p>Simultaneously, Serbia was forced to cut electricity to customers, Britain&#8217;s network operator issued a power supply warning, and France&#8217;s nuclear plant outage, all culminated into a perfect storm of straining the continent&#8217;s grid, resulting in reduced power supplies and exorbitantly high prices.<\/p>\n<div class=\"twitter-tweet twitter-tweet-rendered\"><iframe id=\"twitter-widget-0\" class=\"\" title=\"Twitter Tweet\" src=\"https:\/\/platform.twitter.com\/embed\/Tweet.html?dnt=false&amp;embedId=twitter-widget-0&amp;features=eyJ0ZndfZXhwZXJpbWVudHNfY29va2llX2V4cGlyYXRpb24iOnsiYnVja2V0IjoxMjA5NjAwLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X2hvcml6b25fdHdlZXRfZW1iZWRfOTU1NSI6eyJidWNrZXQiOiJodGUiLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X3NwYWNlX2NhcmQiOnsiYnVja2V0Ijoib2ZmIiwidmVyc2lvbiI6bnVsbH19&amp;frame=false&amp;hideCard=false&amp;hideThread=false&amp;id=1474060196192342016&amp;lang=en&amp;origin=https%3A%2F%2Fwww.zerohedge.com%2Fcommodities%2Frolling-blackouts-hit-kosovo-amid-europes-energy-crunch&amp;sessionId=8261d651837d78fbe4246fbca11d091198d5834d&amp;siteScreenName=zerohedge&amp;theme=light&amp;widgetsVersion=9fd78d5%3A1638479056965&amp;width=550px\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" data-tweet-id=\"1474060196192342016\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<p>Last week, Kosovo&#8217;s economy minister, Artane Rizvanolli, said the shuttering of the nation&#8217;s main coal-fired power plant had worsened the energy crisis. He said power imports were &#8220;extremely costly.&#8221;<\/p>\n<p>Grid data from Entso-E shows electricity imports from Albania, Serbia, Montenegro, and North Macedonia plunged from 750 megawatts on Wednesday to about 469 megawatts on Thursday.<\/p>\n<p>Jeremy Weir, CEO of commodities trader Trafigura Group, warned that more European countries could face rolling blackouts\u00a0in the event of a severe winter.<\/p>\n<p>Eleven European associations (from steel to fertilizers to cement to paper mills)\u00a0<a href=\"https:\/\/www.zerohedge.com\/commodities\/european-firms-warn-unbearably-high-energy-costs-may-spark-wave-production-shutdowns\">published a memo<\/a>\u00a0Thursday indicating energy-intensive companies are paying &#8220;unbearably high energy prices&#8221; that may force them to shutter operations.<\/p>\n<p>However, there is good news for the continent as benchmark Dutch front-month gas plunged as much as 43% from a peak of 180 euros per megawatt-hour to around 102 euros in the last several days as a\u00a0<a href=\"https:\/\/www.zerohedge.com\/commodities\/us-sends-fleet-lng-ships-fuel-starved-europe\">flotilla<\/a>\u00a0of US liquefied natural gas (LNG) tankers is headed to the fuel-starved continent.<\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Rolling Blackouts Spread Across Europe Amid Energy Crisis Europe&#8217;s energy crisis worsened this week when Kosovo introduced rolling blackouts to most of its two million citizens, according to\u00a0Bloomberg. On Thursday, the Kosovo Energy Distribution Services (KEDS) announced rolling two-hour power blackouts for 2 million people due to an &#8220;overload&#8221; of its electrical grid. KEDS asked [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[79,1103,265,281,1574,22855,4318],"class_list":["post-61102","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-blackouts","tag-electricity","tag-energy-crisis","tag-europe","tag-power-grid","tag-rolling-blackouts","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/61102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=61102"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/61102\/revisions"}],"predecessor-version":[{"id":61103,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/61102\/revisions\/61103"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=61102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=61102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=61102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}