Energy crisis not yet over, German regulator warns

The energy crisis in Germany is not over yet, Klaus Müller, head of the German Bundesnetzagentur, told the media company Funke today. However, he expects the country’s gas storage facilities to be full by the end of the summer. The Bundesnetzagentur is in charge of regulating energy networks.

Reducing dependence on Russian gas

Müller said that last year, following the invasion of Ukraine by Russian troops, a number of successes were achieved in a short time in diversifying supplies and reducing Germany’s dependence on Russian gas. “We are now at a different level than last year when it comes to filling our storage tanks. But the biggest factor remains the weather,” Müller said. “The energy crisis is not over yet.”

Should Europe experience a cold winter, Germany could benefit from measures taken to save energy. Müller also urged consumers to make improvements to their homes to save energy, for example by using insulation or more efficient heating systems.

Expected filling of storage tanks

Müller also expects the country to be able to fill its gas storage tanks by the end of the summer. “If all goes well, we’ll have the storage tanks full by the end of the summer,” he said.

Czech Industry and Trade Minister Jozef Sikel said on Wednesday that domestic gas storage facilities are currently more than 70 percent full, with over 2.5 billion cubic meters of gas in them. The current stocks are thus several times higher than in the same period a year ago and the current rate of filling is sufficient to fill the reservoirs completely before winter, according to Sikkela.

Source Czech Press Office

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