Turkey institutes 3-days a week of NO ELECTRICITY due to Nat Gas shortages. These brownouts are the kiss of death to industry — anyone who imports from them needs to be considering the implications of an enforced throttling of all economic activity.

Resetting right into the post-industrial, “zero-carbon” age …

… and hey Europe — you’re next!

___

The government has imposed three days of power outages a week in the country’s hundreds of organised industrial zones. The main electricity distribution company TEIAS verbally informed zone managers over the weekend and said written notices would follow.

Car maker Renault SA announced it will stop production at its Bursa plant for 15 days, according to reports in the Turkish press, as the outages compound the global chip shortage already battering the automotive industry.

Turkey’s automotive sector is the country’s top exporter, accounting for 11% of all exports in 2021.

#Turkey #AbsoluteZero

https://www.business-standard.com/article/international/largest-ever-power-cuts-hit-turkey-s-industrial-production-report-122012500009_1.html