Comments by "SaBa" (@saba1030) on "EU members discuss gas price cap | DW News" video.

  1. @Slim When the energy prices are sinking (=production costs) the food prices will sink as well.
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  2.  @Nvk95729  Germany has stopped importing Russian nat gas in August. No LNG at all, the nat gas was delivered through pipelines only. LNG terminals are recently under construction, therefor no Russian LNG LOL
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  3. @Dennis Kgatla When the gas price is sinking (= production prices) food prices will sink as well.
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  4. @Jesus Aguilar Since September no Russian nat gas imports into the EU, apart from Hungary. Greetings from the EU
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  5.  @jesusaguilar4585  Yup as it's first time ever the EU27 are doing that to "calm down" speculation on the worlds nat gas markets/ stock exchange. Mostly everything is part of speculation at the stock exchanges in these days, including food, energy etc. Greetings from the EU
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  6.  @jesusaguilar4585  Yes, but because of the recent situation at Ukraine the nat gas prices are really high, therefor the markets are a bit "out of tune". Greetings from the EU
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  7.  @jesusaguilar4585  Don 't worry, the EU27 are well on the way to replace ALL FOSSIL FUELS (oil, nat gas, coal) with green hydrogen, the goal is focused on 2030-2045. Hydrogen can be used as storage battery for the overloads from the offshore windmill parks and others. Lots of start ups are working on alternative storage possibilities as well. Hydrogen will replace nat gas as raw material for proceeding things like steel, glass, paper etc. The Netherlands, Danmark and Germany have this project called " green hydrogen coast line", Fraunhofer Institut Bremerhaven is involved as well, all subsidiesed by the EU and the Gvts. All along the coast lines (North Sea and Baltic Sea) electrolyseurs are under construction (wind to power), and Daimler and Volvo Trucks have developed hydrogen powered trucks as well as the Faun Group, the hydrogen powered trucks/vehicles are already in use. Some weeks ago the world wide first 14 hydrogen powered trains (Alston) started their service in Lower Saxony/ Germany. Namibia and Germany will build the worlds largest solar park including production plants for green hydrogen and Ammoniac. The recent situation, as terrible this war is, is just "speeding up/forcing the progress towards renewables enourmisly. Btw, 48% of Germany's electricity gets produced by renewables (wind, solar, water). Everything else, like starting coal power plants again is just temporarily because of the recent situation. The recently build LNG terminals are convertable for hydrogen. BASF received €135 million from the German Gvt recently, to build its own electrolyseur. Greetings from the EU
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  8.  @jesusaguilar4585  Thanks for your good wishes! As far as I know, Norway, the Netherlands and Belgium have taken over from Russia with delivering nat gas. End of the year Russian oil imports into the EU will be stopped as well. The EU27 are prepared for that. And as usual, the markets will sort that and prices (hopefully) will be a bit more "normal" again. Not as cheap as before the war (of course), but not as high as it is at the moment. Apart from that, we're in a very much better Position then the Ukrainian people, so nothing to complain about really. Btw, the EU Parliament is the worlds second largest democratic Parliament, with free, independent and secret elections every five years since 1979. All the best to you with greetings from the EU 😉
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