Clean Energy WireBenjaminWehrmann
Germany widely misses winter gas storage target, fuelling calls for mandatory filling
Germany fell well short of its target to have its gas storages at least 70 percent full at the start of November, underlining the need for binding rules to secure supplies for future winters, according to gas storage industry association INES.
Germany’s economy ministry said the low storage level does not threaten gas supply security for the coming winter, newspaper Die Zeit reported.
A ministry spokesperson said storage levels alone would not determine security of supply, which is also influenced “by the rate of withdrawal from storage facilities, ongoing imports and other precautionary measures.” Germany’s government long resisted calls for market intervention, arguing these would lead to higher prices for consumers.
Industry groups like INES that would benefit from a storage obligation early this year warned that the low filling…
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