Greece Faces Electric Meltdown

Tyler Durden's picture


Maybe the electrician-in-chief can send them some of those unused Solyndra solar panels?

From Reuters:

Greece's power regulator RAE told Reuters on Friday it was calling an emergency meeting next week to avert a collapse of the debt-stricken country's electricity and natural gas system.


"RAE is taking crisis initiatives throughout next week to avert the collapse of the natural gas and electricity system," the regulator's chief Nikos Vasilakos told Reuters.


RAE took the decision after receiving a letter from Greece's natural gas company DEPA, which threatened to cut supplies to electricity producers if they failed to settle their arrears with the company

Or, as they call it in Greece, Friday.

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Fri, 06/01/2012 - 08:26 | 2483159 cherry picker
cherry picker's picture

No internet, cell phone chargers including Iphone or Android, no refrigeration, air conditioning, gas needs to be pumped out of the ground, cash registers won't work nor terminal displays in all kinds of businesses, life support systems, x-ray machines, you name it, electricity rules the world today and a century ago the world survived without it.

Go figure...

Fri, 06/01/2012 - 08:31 | 2483178 CPL
CPL's picture

Name a single person you know that understands salting and curing meat now?


It was a skill, now it's a deli counter. more than ten people you personally know that know how to sew a button on a shirt?

Fri, 06/01/2012 - 08:37 | 2483239 Peter Pan
Peter Pan's picture

Like I tell my kids, if it wasn't for water and electricity coming into a home and sewage going out, there would not be much of civilization left.

Fri, 06/01/2012 - 08:39 | 2483260 ThirdWorldDude
ThirdWorldDude's picture

Most people don't even know how to skin an animal or sow grains. Now they'll have to learn it the hard way.

Fri, 06/01/2012 - 08:40 | 2483276 CPL
CPL's picture

No they won't, they'll just die waiting for the "gubermint" to show up.

Fri, 06/01/2012 - 14:58 | 2485379 Freddie
Freddie's picture

Not that big of an issue.  You can just go zombie and eat other people.  Obam's ACORN/SEIU/Hope & Change voters do it all the time now.

Fri, 06/01/2012 - 09:08 | 2483465 Stuck on Zero
Stuck on Zero's picture

No air conditioning.  Greek summertime temperatures.  Angry people.  Very bad. Go long on tear gas.

Fri, 06/01/2012 - 08:26 | 2483161 ultimate warrior
ultimate warrior's picture

I thought Greeks sat around the beach all the time. What do they need power and gas for? 

Fri, 06/01/2012 - 08:32 | 2483206 CPL
CPL's picture

Delivery of beer, wine.  Refridgeration for orangina and lemonchino.  Transport their asses to the beach.


Water to come out of the tap, salt water isn't good for you.


Think of the last black out you were through, it's like that except the power won't go back on.

Fri, 06/01/2012 - 08:54 | 2483383 pods
pods's picture

I laugh when people point to the NE USA blackout of a couple of years ago as to how people will react.

People were scared.  Information about the event was disbursed, and then people saw it as fun.

Fun because they knew that the lights would come back on.

Sort of the difference betweeen camping in a tent and living in a tent in the woods.

Once people realize that power ain't coming back on, things get icky.


Fri, 06/01/2012 - 08:27 | 2483163 francis_sawyer
francis_sawyer's picture

In the beginning, there was cold, dark, empty space...


Fri, 06/01/2012 - 08:28 | 2483168 rsnoble
rsnoble's picture

My electric bill is around $300 month, granted I use some power equipment in my shop but wtf. I'm sure carbon tax won't help any.

It seems they concentrate on anything that is cheap. Water is only $60 month(I have 2 houses on one property) now they want to revamp the system and say it will triple.

I'm about ready to just pitch a goddamn tent and burn this motherfucker down. No more taxes from me, and nothing left for them to tax anyone else. Yep, paid off house and the rotten fucking county demands almost $3,000 a year. Problem now is rent is sky high. So bitch as I might unless I want to really live in a tent im just stuck here.
3 states are starting to raise hell about property taxes and I expect it to escalate. Fuck public unions.

Fri, 06/01/2012 - 08:36 | 2483235 Gully Foyle
Gully Foyle's picture


Solution is move.

I've read that some RV owners claim SD as home because residency is something like a day a year. They grab a po box and spend the next year cruising the country.

Any state you live in, except ND (did that no property tax bill pass?) will have tax of some sort.

I've read there are really small sections of NH that have zero property tax, some carry over from old colonial days. Then again they are very rural.

Fri, 06/01/2012 - 09:32 | 2483634 Dr. Kenneth Noi...
Dr. Kenneth Noisewater's picture

Not that that exists, with eminent domain and taxes..

Fri, 06/01/2012 - 08:59 | 2483405 CommunityStandard
CommunityStandard's picture

The rent is too damn high!

Fri, 06/01/2012 - 09:05 | 2483455 Rentier
Rentier's picture

Why you need a rental property that is paid for.  Use that rent to pay for the taxes on it and the property you live on. 

Fri, 06/01/2012 - 08:29 | 2483171 King Dong
King Dong's picture

More scare mongering to frighten the sheeple into voting for pro-bailout parties this month.

Fri, 06/01/2012 - 08:36 | 2483233 CPL
CPL's picture

If they leave the grid down longer enough the charge in the grid will drain out, I'd like to see them get it running again.


Pakistan is at that state now.  All the crap is plugged in, Pakistan manages to get Oil then fires upt he plants.  Power surges through the grid and blows transformers like a 2 dollar dock hooker on sailor cock.


Pop POP pop POP...zzzzzt...pop pop pop pop pop.  Like firecrackers going off in a string.

Fri, 06/01/2012 - 08:37 | 2483249 Gully Foyle
Gully Foyle's picture


Isn't a two dollar a day hooker in Pakistan considered a high class call girl?

Fri, 06/01/2012 - 08:38 | 2483262 CPL
CPL's picture

...or a politician.  The roles are interchangable.

Fri, 06/01/2012 - 10:17 | 2483916 Jethro
Jethro's picture

I disagree.  Politicians provide nothing of value....

Sat, 06/02/2012 - 04:09 | 2486941 StychoKiller
StychoKiller's picture

I don't believe power distribution works that way.  For starters, ya don't spin up the generators to full speed, then dump high-voltage onto the grid for precisely the reason you state re:  Power surge.

Fri, 06/01/2012 - 08:32 | 2483181 godgunsandgold
godgunsandgold's picture

OOPAH!! Gimme sommore Ouzo!

Fri, 06/01/2012 - 08:38 | 2483258 Peter Pan
Peter Pan's picture

And a box of matches......

Fri, 06/01/2012 - 09:11 | 2483486 brooklynlou
brooklynlou's picture

Ouzo's not flammable. Tsipouro on the other hand ...

Fri, 06/01/2012 - 09:59 | 2483803 Peter Pan
Peter Pan's picture

Hmmm.....i wonder if Tsipras is more flammable than tsipouro.

Fri, 06/01/2012 - 08:32 | 2483192 Blkhat117
Blkhat117's picture

and here comes the rolling black outs

Fri, 06/01/2012 - 08:33 | 2483211 midgetrannyporn
midgetrannyporn's picture

Perfect timing.

Fri, 06/01/2012 - 08:35 | 2483225 oldgasII
oldgasII's picture

Labor unrest, poorly performing schools, power outages, high crime rates, the US State Deptartments indicators for a country sliding into third world status....Oh! I'm thinking of California.  I was reading that the Greeks would be making half as much if they left the EMU.  In that case they'd have to work twice as much to make the same they used to that would mean an actual, real, 25 hours per week wouldn't it?

Fri, 06/01/2012 - 08:38 | 2483257 Gully Foyle
Gully Foyle's picture


Turn Out The Lights - The Largest U.S. Cities Are Becoming Cesspools Of Filth, Decay And Wretchedness
Fri, 06/01/2012 - 08:38 | 2483256 insanelysane
insanelysane's picture

Well what happened there is that the Utilities in Greece are mandated to include things like property taxes in the utility bill because the government can't get anyone to pay them any other way.  Well people stop paying the bills which makes the Utilities unable to "keep the lights on."  And of course the unions refused to shut off people that didn't pay so just bad ideas all the way around.

Fri, 06/01/2012 - 08:40 | 2483273 Catullus
Catullus's picture

Yet another public utility failure. Privatize it now.

Fri, 06/01/2012 - 08:40 | 2483278 Tom Green Swedish
Tom Green Swedish's picture

Greece needs a Merekel.

Fri, 06/01/2012 - 08:42 | 2483295 Jason T
Jason T's picture

New Dark Age

Fri, 06/01/2012 - 08:48 | 2483344 CPL
CPL's picture

Depends how this all lands.


Orwellian controls require lots of tech.  No power, no tech.  Otherwise, think about getting your family rounded up and starting a fiefdom and killing anything that says it's from the government in stealth.


Accidents do happen, but odds can be increased to make sure it happens.  Not like forensic sciences will exist in a country that can't power a microscope or do hit matching in a computer.


rest easy, build a community and get a hamm radio.

Fri, 06/01/2012 - 09:10 | 2483473 spjk2k
spjk2k's picture

more power to them.

wait... nvm.

Fri, 06/01/2012 - 09:15 | 2483506 franzpick
franzpick's picture

Red light districts will go dark.

Fri, 06/01/2012 - 11:29 | 2484325 Cpl Hicks
Cpl Hicks's picture

Yeah, but bare skin is pretty sexy under black light.


Fri, 06/01/2012 - 09:15 | 2483509 brooklynlou
brooklynlou's picture

Wonderful. They're starting the stampede a little early - I thought we'd make it to the Fifa / Euro 2012 touranment before they got all medieval on the Euro. 

Greeks and Spaniards probably werent pulling out their Euros fast enough. Here let me flick the light switch a few times for you all to get the hint ...

Fri, 06/01/2012 - 11:34 | 2484351 Cpl Hicks
Cpl Hicks's picture

Thanks Lou.

My atm just hiccuped and gave me an extra 1,000 euros!

Fri, 06/01/2012 - 15:20 | 2485481 BooMushroom
BooMushroom's picture

If the ATM has no power, does the "hey someone is stealing the ATM *alarm* " have power? Bullish crowbars.

Fri, 06/01/2012 - 09:40 | 2483687 BluePill
BluePill's picture

Urgent action is needed now,World is running out of time and more over - there is a great need to generate conflict between india and pakistan


May these 2 shithole nations burn for eternity

Fri, 06/01/2012 - 09:43 | 2483700 youngman
youngman's picture

I know one thing..the utility is not fixing anything..or buying any new equipment..if it fails it will never be repaired....any monies they get will go straight to wages ....

Fri, 06/01/2012 - 10:06 | 2483846 bsdetector
bsdetector's picture

Does ZeroHedge have a plan for continuity of information dissemination?

Fri, 06/01/2012 - 15:40 | 2485570 BooMushroom
BooMushroom's picture

There is really only one good long-distance, off-grid means of communication that does not depend on the government utilities or personnel.

Fri, 06/01/2012 - 10:20 | 2483944 ceedub
ceedub's picture

So the Greek's obviously aren't getting the message quick enough, based on the election results.

Now they are going to shut the power off and let them choose between no electric or selling their shit off for pennies on the dollar to some bank.

Fri, 06/01/2012 - 10:47 | 2484056 Seorse Gorog fr...
Seorse Gorog from that Quantum Entanglement Fund. alright_.-'s picture

. Do you think we are some villagers- !! Your tweets become increasingly offensive




That's offensive to villagers!


Ironically, a good way to survive without getting your face chewed off is by living off the fat of the land and by your own skills.

Fri, 06/01/2012 - 11:13 | 2484227 CPL
CPL's picture

Amen brother.

Fri, 06/01/2012 - 21:30 | 2486565 PrinceDraxx
PrinceDraxx's picture

So...99 out of a hundred will be dead within a couple of weeks. If that many survive, since some of that 1% will be killed for what they have as well. Sounds like it is exactly what Bilderberg has been planning with Agenda 21, although not working out the way they might have liked.

Fri, 06/01/2012 - 10:49 | 2484072 Sturm und Drang
Sturm und Drang's picture

That doesn't seem very bright.

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