Energy: Ministry of Economics wants to finance gas reserve through surcharge
According to a draft, despite criticism, the ministry is sticking to the financing approach it has already been pursuing. For typical households, additional costs of a single-digit amount per year would arise.
The German Federal Ministry for Economic Affairs plans to finance a national gas reserve through a levy, according to a draft proposal. The reserve aims to hold 24 terawatt-hours of gas to cover extreme situations such as sabotage or infrastructure failure. The costs are estimated to be between 247 and 308 million euros per year for the first ten years.
The reserve would be used to prevent industrial customers from being disconnected and private gas supplies from being confiscated, and can only be deployed after the Federal Network Agency declares a state of emergency.
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.
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- Gas supply: Ministry sets up gas reserve - surcharge planned handelsblatt.com
