Temperatures might be soaring across Germany but staying warm this winter without Russian gas — which until the start of the war supplied over 50% of annual demand — is already a pressing concern. Plans to make up the shortfall, if Russian supplies run dry, are already in place: Higher …
Read More »Germans Urged to Cap Heat in Offices this Winter to Save Gas
German businesses and public institutions should heat their offices no higher than 19 degrees Celsius (66.2 degrees Fahrenheit) this winter to help reduce the country’s consumption of natural gas, Germany’s economy minister said Saturday. Germany, the European Union’s biggest economy, is quickly trying to wean itself off using natural gas …
Read More »Scholz Promises Tax Relief to Help Germans with Energy Bills
German Chancellor Olaf Scholz on Thursday (11 August) promised a new package of measures, including tax relief, to help people struggling with rising energy bills as a result of a gas standoff with Russia. “Citizens can count on us not to abandon them,” Scholz told journalists in Berlin. An energy …
Read More »Germany’s Economy Faces a €260 Billion Blow as Energy Crunch Persists
Germany’s economy will lose over £220bn (€260bn) in added value by the end of the decade, following Russia’s invasion of Ukraine and skyrocketing energy prices – revealing negative effects on the country’s labor market. According to a study from the Institute of Employment Research (IAB), Germany’s price-adjusted gross domestic product …
Read More »Germany Blames Russia for Reduced Gas Supplies through Nord Stream 1
Germany blamed Russia on Wednesday for reduced gas supplies through the Nord Stream 1 pipeline and dismissed Gazprom’s claim that disruptions were the result of legal and technical problems. Chancellor Olaf Scholz said a gas turbine repaired in Canada has been waiting for transfer at Siemens Energy’s site in western …
Read More »Germany has Three Months to Save itself from a Winter Gas Crisis
Germany’s presidential palace in Berlin is no longer lit at night, the city of Hanover is turning off warm water in the showers of its pools and gyms, and municipalities across the country are preparing heating havens to keep people safe from the cold. And that’s just the beginning of …
Read More »German Consumers Face Gas-Bill Surge with Move to Pass on Costs
German households will have to start paying an energy levy this fall, adding as much as 1,000 euros ($1,020) per year to the cost of living following Russia’s moves to squeeze gas deliveries. Starting in October, utilities will be able to pass along costs for offsetting missing Russian supplies. The …
Read More »Germany Says It may Leave Its Final 3 Nuclear Energy Plants Running for Longer than Planned, Reversing Nearly a Decade of Work
Germany is thinking about delaying the shutdown of the country’s remaining three nuclear plants as Russia continues to reduce natural-gas supply to Europe’s top economy. “The economy minister has commissioned an intensified worst-case scenario calculation. Let’s have a look at that,” said German Chancellor Olaf Scholz on Friday, Bloomberg reported. …
Read More »Germany’s Gas Supply Situation Stabilizes after Restart of Nord Stream 1
During the temporary halt to Russian gas supplies via Nord Stream 1, gas flows to Germany were significantly reduced, putting further pressure on prices. The German government aims to fill storage to 95 percent of capacity by November. BERLIN, July 25 (Xinhua) — German gas supplies are solid again as …
Read More »Germany again Rejects Russian Explanation for Gas Supply Cut
The German government said Monday that a turbine at the centre of uncertainty about future gas deliveries through a major pipeline from Russia to Europe was only supposed to be installed in September, underlining its insistence that there should be no technical obstacle to the gas flow. Meanwhile, Germany’s biggest …
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