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European gas prices are fast, hitting levels on Wednesday not seen in more than 10 years. Sharply rising prices over the last week have caused fears of soaring bills as winter approaches. Norway and Russia are boosting supplies to the European Union, which is heavily dependent on imports.
CHRISTMAS is on brink as energy rations in China have sparked fears for Britons that shortages in factories could cause major disruption to the delivery and production of festive gifts. China is in a state of chaos, with 20 of its 31 provinces introducing some form of energy rationing as a result of reduced supplies, soaring prices and tighter environmental policies.
China is rationing electricity as it struggles to contain its worst power blackouts in a decade. Long hours of outages are affecting residential areas and shutting factories. The government has introduced coal rationing and is trying to increase coal imports. But as Al Jazeera’s Rob McBride reports from Hong Kong, the crisis is a result of several factors that are not easily solved.
Spiked Online Chief Political Writer Brendan O’Neill says the energy crisis is “far more serious” in the United Kingdom after they had to fire up the last two coal fired power stations because there was not enough wind power. “This really speaks to one of the biggest problems of our time which is that for some reason we’ve stopped seeing energy as something that has to be reliable and secure and provided cheaply to people who need it,” Mr O’Neill told Sky News host Chris Kenny. “And we’ve started talking about it as something that has to be sustainable, eco-friendly, lets turn to wind power and other renewables rather than nuclear, rather than coal. “This is the kind of outlook that has gripped significant sections of western Europe, including the UK, over the past few years; what we’re now seeing is that these renewables are not reliable.”
APPLE and TESLA suppliers have both reportedly halted production in China as an “unprecedented| power crisis strikes the country. Local media say “unexpected” and “unprecedented” electricity cuts in the provinces of Jilin, Liaoning and Heilongjiang, were caused by power rationing during peak hours. Millions of homes in eastern China are now without power.