Urgent.News

What's breaking now, across thousands of outlets.

Business

Energie: Bundesnetzagentur sieht geringes Risiko einer Gasknappheit

Netzagenturchef Klaus Müller gibt trotz niedrigerer Füllstände der Gasspeicher Entwarnung bei der Versorgung. Der Lobbyverband warnt dagegen vor Risiken.

Energie: Bundesnetzagentur sieht geringes Risiko einer Gasknappheit

The German Federal Network Agency believes there is a low risk of a gas shortage in Germany, even if the legal gas storage targets are not met, Reuters reported Sunday. Federal Network Agency head Klaus Müller told Reuters that it is no longer mandatory to reach the storage targets to ensure a safe gas supply. Germany now has liquid gas terminals where gas can be imported.

However, Müller warned of higher costs, saying that all customers must be aware of the increased expense of gas. The reason for Müller’s comments is that Germany's gas storage levels have likely missed the legally prescribed fill level mark by the end of November. By November 1st, most German gas storage must be filled to at least 80 percent, with a lower requirement of 45 percent for six storage facilities.

This results in a nationwide target value of around 70 percent. As of Saturday, the fill level was slightly above 61 percent. Müller emphasized that storage is still important, "but their significance has changed." The key to supply is the interaction of pipelines, liquid gas imports, storage, infrastructure, and demand. "Gas supply is stable. The Federal Network Agency currently estimates the risk of strained gas supply as low."

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

More in Business

More from Sunday 1 November →