Tag Archives: Germany

It sure looks as though momentum is all of a sudden getting behind nuclear power, with even NPR coming out and writing yesterday that “resistance to nuclear power is on the decline worldwide — and environmentalists helped lead the push.” Now, with energy prices going parabolic in his country, German …

German Chancellor Olaf Scholz insisted Tuesday that his country was well-prepared to tackle a possible energy shortage due to Russia’s squeeze on European gas supplies, as fears grow about the rising prices that will hit consumers across the continent this winter. Speaking at the start of a two-day government retreat, …

With winter just around the corner, Germany has been desperately trying to fill up its gas reserves. On Sunday, the German Vice-Chancellor confirmed that the reserves were filling up quickly, easing fears of households not having access to heating in the coming months. German gas reserves target set to be …

The German government has created a holding company for nationalizing the German branch of Russia’s Gazprom. Germany wants to carry out the nationalization as soon as possible. The former Gazprom Germania was initially renamed Securing Energy for Europe (SEFE), and then in June renamed Securing Energy for Europe Holding GmbH …

Europe is hoping the new gas levy Germany is introducing for all gas consumers not have “unintended consequences”. It is hoped that this new tax will allow the country to offset the rising cost of gas imports caused by the reduced Russian gas flows through Nord Stream 1 pipeline. Germany …

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 …

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 …

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 …

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 …

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 …