Business · Energy & Commodities · 1 hr ago

German gas storage operators warn of winter shortages in extreme cold

German gas storage operators warn of winter shortages in extreme cold

Germany’s gas storage association says stores were only 61% full, a historically low level, and had fallen to about 59% by its latest cited data.

It warns that an extremely cold winter could strain supplies.

In its models, gas shortages could reach 6.6 terawatt-hours a month from January to March 2027, even after allowing for extra imports from neighbouring countries and full use of available LNG terminal capacity.

The association represents operators holding more than 90% of Germany’s gas storage capacity and is calling for a state gas reserve or incentives or rules to encourage storage.

Germany’s regulator sees the risk as low, saying the country can draw on additional imports and is not necessarily dependent on meeting storage targets.

The association says a winter as cold as 2010 is considered unlikely, and that supplies should be secure in normal or mild weather.

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Sebastian HeinermannINES managing director
Low storage levels pose a significant risk to security of supply
via Spiegel