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.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
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...

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?

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.

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.

CPL's picture

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

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.

Stuck on Zero's picture

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

ultimate warrior's picture

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

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.

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.


francis_sawyer's picture

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


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.

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.

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. 

King Dong's picture

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

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.

Gully Foyle's picture


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

CPL's picture

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

Jethro's picture

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

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.

godgunsandgold's picture

OOPAH!! Gimme sommore Ouzo!

brooklynlou's picture

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

Peter Pan's picture

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

Blkhat117's picture

and here comes the rolling black outs

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?

Gully Foyle's picture


Turn Out The Lights - The Largest U.S. Cities Are Becoming Cesspools Of Filth, Decay And Wretchedness
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.

Catullus's picture

Yet another public utility failure. Privatize it now.

Tom Green Swedish's picture

Greece needs a Merekel.

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.

spjk2k's picture

more power to them.

wait... nvm.

franzpick's picture

Red light districts will go dark.

Cpl Hicks's picture

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


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 ...

Cpl Hicks's picture

Thanks Lou.

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

BooMushroom's picture

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

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

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 ....

bsdetector's picture

Does ZeroHedge have a plan for continuity of information dissemination?

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.

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.

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.

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.

Sturm und Drang's picture

That doesn't seem very bright.