Gas supply in winter: This is how the increased consumption influences the filling levels of the gas storage facilities in Germany and gas imports

Gas supply in winter: This is how the increased consumption influences the filling levels of the gas storage facilities in Germany and gas imports

According to a report from www.stern.de, the early onset of winter in Germany has led to above-average gas consumption. The gas storage facilities are well filled, but gas consumption has increased significantly due to the cold. The Federal Network Agency points out that the gas supply in the country is guaranteed, but the forecast regarding temperatures is classified as “critical”.

The situation of gas reserves is assessed as “stable” and the storage facilities are still well filled. Nevertheless, the Federal Network Agency warns of a very cold winter, which would significantly increase gas consumption. There is also the possibility that southeastern Europe, in a situation of shortage, would have to be supplied with gas via Germany if Russia stops its deliveries. It is therefore important to use gas sparingly.

According to information from the Federal Network Agency, the largest quantities of natural gas imported into Germany now come from Norway, Belgium and the Netherlands.

If you analyze the situation from a financial perspective, if the winter continues to be cold, there is a risk that gas prices could rise due to increased demand. In addition, the high dependence on natural gas imports from other countries could lead to further price increases.

It is therefore advisable to pay greater attention to alternative energy resources such as renewable energy in order to reduce dependence on natural gas imports and reduce price fluctuations in the energy market.