Germany faces a gas supply “crisis” and declares alert levels

Germany launches the second phase of its three-stage emergency plan on natural gas supply on Thursday, Europe’s largest economy faces a “crisis” and winter storage targets are jeopardized by reduced deliveries from Russia I warned that there was.

The government said the decision to raise the level to an “warning” would follow Russia’s gas flow cuts and rising energy prices worsened by the war in Ukraine after June 14. The third and highest level is the “urgent” level.

“The situation is serious and winter will come,” Robert Habeck, the economic minister, said in a statement.

“The decline in gas supply is an economic attack on us by (Russian President Vladimir) Putin,” he said. “We will protect ourselves, but our country now needs to go down the stone path.”

Russia went to Germany, Italy, Austria, the Czech Republic and Slovakia last week, just as European Union countries struggle to replenish the storage of fuel used in electricity, the electricity industry and heating facilities in the winter. Reduced gas flow.

Russia’s state-run energy giant Gazprom has blamed the missing parts sent to Canada for the repair of a cutback from the Nord Stream 1 pipeline running under the Baltic Sea to Germany. This is Europe’s leading natural gas pipeline.

This is in addition to gas outages to Poland, Bulgaria, Denmark, Finland, France and the Netherlands in recent weeks.

The German government said the current gas demand has been met and its gas storage facility is filled with 58% capacity, which is higher than this time last year. However, he said the goal of reaching 90% by December would not be possible without further measures.
“Even if we can’t feel it yet, we’re in a gas crisis,” Habeck said.

He said Germany would not react to the situation by keeping all the supplies it receives in its own country and blocking neighboring countries. Instead, the government urged German industry and residents to reduce their consumption as much as possible.

“Prices are already high and we need to prepare for further increases,” Habeck said. “This will affect industrial production and will be a heavy burden for many producers.”

To reduce demand, the government will hold auctions to receive money if large industrial consumers renounce their contracts.

Since declaring the first phase of the emergency program in March, Germany and other countries have obtained additional gas from neighboring European countries such as the Netherlands and Norway, and liquefied natural gas from the Gulf and further distant producers. I’m trying to get.

To the horror of environmentalists, the government also announced on Sunday that it would increase the burning of more polluted coal and reduce the use of gas for power generation.

The government said it had previously notified its European partners of the move.

Germany faces a gas supply “crisis” and declares alert levels

Source link Germany faces a gas supply “crisis” and declares alert levels

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