Water levels to rise on German River to relieve energy crunch

Bloomberg water levels on the Rhine are expected to rise over the weekend, potentially providing respite to a crisis that has snarled the shipment of energy products and other goods along one of Europe's most important rivers.

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By August 22 German government data shows that the marker at Kaub, a narrow and shallow waypoint west of Frankfurt, is set to rise to 67 centimeters 26.4 inches. The current level is about 38 centimeters.

The level is not the actual depth of the water, which can be several feet deeper than that, but rather a measure of navigability. Many barges find it uneconomic to pass along that stretch of the waterway at 40 centimeters or below.

The crisis is not over yet, and some vessels are still restricting loads. The low water is a result of hot and dry weather and is causing a historic energy-supply crunch that is threatening to plunge some of the region's largest economies into recession.

The region and barge rates are near record highs in energy prices. In the coming days, there will be a lot of rain in Germany. The country's temperatures are expected to climb next week, according to forecaster Maxar Technologies Inc.

The water levels will rise again in the entire Rhine catchment area due to the announced precipitation, the Rhine Waterways and Shipping Authority, known as the WSA, said in a statement, referring to the middle and lower parts of the river.

The 14 day forecast suggests that water levels will rise by about 50 centimeters by the end of next week, but will subside after the wave has passed, it added.

The marker at Kaub is expected to be much less than the five-year average of about 1.7 meters after the weekend.

The Rhine is now open in both directions after a barge that suffered a fault on Wednesday was towed away, a spokesman for the WSA said. The incident, which wasn't related to low water, temporarily blocked traffic between St. Goar and Oberwesel, near Kaub.

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