On Wednesday, the German government passed a bill to create a strategic gas reserve managed by the Federal Network Agency (Bundesnetzagentur), to be used only in the event of a crisis threatening the country's energy supply.
The strategic reserve, which should reach 24 terawatt-hours, or about 10% of Germany's total storage volume, is intended to replace, starting in 2027, mandatory targets for filling the country's gas bins.
A surprising legislative fervor is evident against the background of Germany in last place in terms of filling gas storage facilities in EU countries at the beginning of the heating season.
Berlin now believes that mandatory standards for filling underground gas storage facilities, introduced in 2022, could disrupt the market and discourage its participants from filling storage facilities.
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