Gas supply: What does a gas reserve bring? Cabinet decision expected
The Federal Government wants to introduce a gas reserve as an instrument of crisis preparedness. Which scenarios gas customers are to be protected from - and how much it will cost them.
The German government plans to establish a national gas reserve to mitigate risks to the country's gas supply. The reserve, aimed at crisis preparedness, is expected to hold 24 billion kilowatt-hours of gas, equivalent to about 10% of Germany's storage capacity. The reserve will be funded through a surcharge on gas customers, estimated to add 3.77 to 7.20 euros per year to typical household gas bills, and is set to be built up by 2027.
The surcharge is expected to generate 247 to 308 million euros per year, with households and businesses paying around 40% of the costs and industrial customers paying around 60%.
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.
