Urgent.News

What's breaking now, across thousands of outlets.

Business

Energy: "Not acceptable": Municipal utilities criticize new gas network rules from the Federal Network Agency

The authority determines how much money gas network operators are allowed to make from 2028. They warn that the networks cannot be made future-proof like this. The network agency reacts unimpressed.

Translated from German Read in German

Energy: "Not acceptable": Municipal utilities criticize new gas network rules from the Federal Network Agency

The German Federal Network Agency has released draft regulations that will determine the return on investment for gas network operators from 2028. The draft has sparked criticism, as it affects the future of gas supply lines across Germany that provide heating and production for households and businesses. With more people switching to electricity, gas network operators face challenges in upgrading their infrastructure to accommodate climate-friendly hydrogen and maintaining the existing gas network.

City utilities fear they may not have sufficient capital to cover these costs due to declining gas business.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

More in Business

Major automakers announce vehicle recalls

Eleven carmakers, including Tesla and Xiaomi, launched software updates and vehicle recalls on Friday, the companies said, in China's largest-ever automotive recall campaign, as regulators tighten…

More from Friday 21 August →