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NewsGermany risks winter gas shortage, authorities urge people to save even more - Reuters

Germany risks winter gas shortage, authorities urge people to save even more – Reuters

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According to him, to avoid shocks, companies and households will have to further reduce their consumption of “blue fuel”. Germany’s energy crisis is “not over yet”, MĂĽller explained, and much will depend on whether next winter will be colder than the last.

“The danger of a gas shortage is still present. Much depends on whether we continue to limit the use of gas and ensure a diversified supply to Germany. In this case, there is risk,” said the head of the German regulator.

According to him, among these risks is the recovery of the Chinese economy, which has accelerated “faster than expected”. As Muller noted, this has led to an increase in gas demand, which may have “price consequences.”

In this context, the head of the German regulator pointed out that in 2023-2024 winter will be the first that Germany will have to experience “in the absence of a gas pipeline from the Russian Federation”, while a significant increase global supplies of liquefied natural gas (LNG) this year or next year is not expected.
Muller called on German citizens to save money. “I think we can and should do more (to save gas – note” RG “)”, – he said.

The head of the German Federal Grid Agency also added that thanks to the actions of companies and households, it was possible to achieve significant savings in energy consumption, which is confirmed by relevant statistics. In particular, according to him, this winter the industry has consumed 20% less gas. However, as Muller said, this issue will probably have to be taken even further.


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