The European country does not have enough gas to get through the upcoming northern winter, local media warn. They add that "Germany has very little gas in storage," noting a risk that prices could skyrocket and that supply issues could even arise.
Currently, gas reserves are "considerably lower" than in previous years, standing at barely 58%, reports indicate. According to data from the German Association for Energy Storage (INES), if the winter proves to be especially cold, reserves could be depleted as early as January.
Despite the policy to gradually phase out all coal-fired power plants by 2038, the country’s Minister of Economy and Energy, Katherina Reiche, has already proposed partially abandoning the green agenda and reactivating coal-fired power plants, according to media reports.
Source of information: Global News Agencies including REUTERS / TASS / AFP / AP / ANADOLU / INT.RU / Al Jazeera / CNN
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