Extremely high temperature "Boiling" Europe

Jimu Journalist Hu Xiuwen

According to the US Cable Television News Network on July 23, Casten Bujeski, an economist of the Netherlands International Group, said that climate change has intensified the dryness and heat of summer, making the entire European company more headache. This kind of weather gives it. Economic output is stressful.

The water level decreases, the Rhine dried up impact supply chain

In the past week, the heat swept the northern hemisphere, and the recorded heat wave caused wild fire in Spain, France and the United States. In Europe, the economic costs caused by hot summer are increasing.

On July 18, the low water level of the Rhine in Germany (picture source: CNN)

The Rhine is the most important industrial cargo in Germany to transport inland waterways, and the water level along the Rhine has dropped sharply, disturbing the ship's routes.

The Rhine is essential for commodity transportation including coal. The total length of the Rhine is 1233 kilometers. It crosses industrial areas in Switzerland, Germany, the Netherlands and other countries, and finally flows into the North Sea in the port of Rotterdam. It is an important river affecting European business activities.

According to data from the German Federal Institute of Hydrology, the water flow in western Frankfurt is 45%of the average level of the year at this time. The agency said it caused obstacles to the ship. The water level is expected to be restored until late August.

Some analysts of Deutsche Bank Research Eric Heman said that this means that not all ships can be loaded at full load. According to the Federal Institute of Hydrological, some people will think that if they load less goods, it will have no economic significance to complete certain shipments.

"This is another interference to the supply chain, and it is also a risk factor for power supply." Hayman said.

The water level of the Rhine may put pressure on Germany's extremely important manufacturing industry. The heat waves in 2018 caused the Rhine for the first time for the first time, leading to a decrease of 0.2 percentage points in Germany's 2018 GDP in 2018.

The rise of water temperature hinders the operation of nuclear power plants

The higher water temperature also makes it difficult for inland nuclear power plants to run because they rely on the river to cool down.

The public utility giant French power company said on July 22 that due to the high temperature of nearby rivers, the three nuclear reactors have low operating capacity. Hydropower production in Europe is expected to be hit.

Marca Alvira, the chief executive officer of the Italian Energy Infrastructure Corporation, is worried about the high -use electricity of this summer because family and enterprises are using air conditioners, which may consume winter electricity reserves. Europe is reserving fuel to prepare for the upcoming winter.

"I'm worried about power outages." Alvilla, who has become the person in charge of Green Hydrogen Energy Corporation, said, "Even if Russia does not reduce natural gas supply, the market is very tight."

Drought affecting agricultural production

High temperature also affects the Agricultural sector in Italy.

The largest river in Italy, 652km in length, is at a record low water level. The river passed through the center of Italy.

On July 21, in Kamaniola, Italy, a pump was irrigating cornfield (source: CNN)

In northern Italy, farmers are in the worst drought in 70 years, and droughts have affected the production of crops such as soybeans to Parma cheese.

The impact of weather on the economy cannot be ignored. From 1980 to 2020, the European Economic Zone countries estimated that it would lose $ 460 billion to $ 532 billion due to weather and climate -related incidents. Financial losses in the next few years may increase.

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