Bloomberg news agency reported that the global energy crisis forced the German company Stege to stop operating a power plant after it ran out of coal.
In a statement emailed to Bloomberg, the company said it closed the Bergkamen-a-Planet plant in the western part of the country this week due to a shortage of coal.
Bloomberg notes that this shutdown of the plant is the first indication that Europe may need to rely on mild weather and winds to save energy as the continent faces a shortage of natural gas and coal is unlikely to come to its rescue.
Energy prices are rising from the United States to Europe and Asia, as economies begin to recover from the recession caused by the outbreak of the Corona virus epidemic and employees return to work from offices.
Bloomberg explains that the severe shortage of energy has prompted the Chinese government to ask state-owned companies to secure supplies at any cost. The shortage has also prompted Europe to consume more of its already depleted stock of the dirtiest fossil fuels, a move that could complicate climate talks next month.
“We are short on coal…There is a strong demand for coal per se, and secondly, there is a strong demand for barges,” said Daniel Mohlenfeld, a spokesman for the Steg. Since there is no railway in the town of Bergkamen, there are no logistical alternatives. Available here.”
European utilities have already switched to coal due to a shortage of natural gas, and recently turned to the spot market to secure shipments and even demand more supplies from Russia.