The Russia-Ukraine War has caused historical turmoil and fluctuations in the international energy markets. As you know, behind the oil crises of the 1970s, there were discussions of global politics and regional politics. 11 Middle East and Gulf Region Countries producing and exporting oil, OPEC They wanted to send a message by raising oil prices, as they did not like the Middle East policies of western countries. This development brought with it many changes related to global energy and especially oil markets. OPEC control over global oil prices has weakened. Today, however, ‘War’ is more complex, deeper, multifaceted than in the 1970s. a energy crisiswhat has become.
So much so that we are faced with historical price increases not only in oil prices, but also in natural gas and coal prices on the third. This is the first important issue. Therefore, natural gas prices, fuel prices, and even coal prices have increased so much that there is a serious increase in the costs of electricity produced by power plants that produce with fossil fuels. Therefore, households and industry not only suffer from high gas prices, but also high electricity pricelariHe is also in shock. Also, the iron and steel industry, which needs to run a high-temperature furnace in the production process, or other metal manufacturers who need to use similar processes are in a very difficult situation.
Many European factories have thrown in the towel, as manufacturers of construction materials and, in particular, in the fertilizer industry, which needs derivative outputs from natural gas. Therefore, in order to balance energy costs so far, 492 billion euro While the struggle of the European countries that have supported the 200 billion eurosThe financial support package has also worried other European capitals. As if this were not enough, the extremely low flow of rivers in Europe, which has been experiencing the driest period of the last 500 years since the end of last spring, has seriously affected the production of hydroelectric power plants on the one hand and the transport of coal to thermal power plants through important rivers on the other. Worse, the European Center for Medium-Range Weather Forecasts (ECMWF) early indicators for the coming November and December months are also very demoralizing.
ECMWF’s analysis shows that a possible period of high pressure awaits Western Europe, which will bring colder and less winds. Well, very little precipitation and of drought Continuing risks may reduce renewable energy production. Due to the main and aftershocks caused by the ‘war’, the EU is turning to more renewable energy and making gas deals with other countries, 2027 It has rolled up its sleeves for a new energy supply mechanism by 2020. Florence Rabier, Executive Director of ECMWF, said that while recent hurricanes in the Atlantic have resulted in milder, wetter and windier weather in the short term, colder weather later in the year is a weather condition derived from cooling of the Pacific Ocean surface, triggering changes in wind and precipitation patterns in different regions. with a model La Nina It shows that Europe’s energy crisis will deepen further, depending on the atmospheric conditions known as