Gas supply: Targets for gas storage missed - what does this mean?
Winter is approaching - and Germany's gas storage facilities are relatively low. Targets are not being met. What now?
Germany's gas storage facilities are currently filled to 61.4%, below the target of 70% set for November 1. Despite this, the government and regulatory bodies assert that the country's gas supply is secure for the winter. The low storage levels are attributed to high wholesale prices, which made it economically unattractive for traders to stock up on gas during the summer.
The government has taken precautionary measures, including special tenders to secure gas supplies, which are expected to have a positive impact on supply security, particularly in late winter.
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.
