🇩🇪 Germany faces winter gas shortage: Gas storage facilities full at historic low ▪️ As of November 1, Germany's gas reserves were only 61% of storage capacity - 9 points below the government's target, according to the Neue Zürcher Zeitung. ▪️ The main reason is the war with Iran, which led to a sharp increase in energy prices. In the summer, gas costs €40-60 per MWh, which has made traders hesitant to fill storage facilities in anticipation of a possible price drop. Instead, gas prices recently rose by €100 per MWh for the first time since 2022. According to estimates by the German Association of Gas Storage Operators INES, during severe winters, Germany could face a shortage of up to 6.6 TWh of gas in the months of January, February and March. Furthermore, the calculations already take into account supplies from neighboring countries and LNG imports. Experts emphasize that during the normal winter weather, the gas supply will remain stable. However, at very low temperatures, uninterrupted supply can no longer be guaranteed. ⚠️ RV:.

🇩🇪 Germany faces winter gas shortage: Gas storage facilities full at historic low ▪️ As of November 1, Germany's gas reserves were only 61% of storage capacity - 9 points below the government's target, according to the Neue Zürcher Zeitung. ▪️ The main reason is the war with Iran, which led to a sharp increase in energy prices. In the summer, gas costs €40-60 per MWh, which has made traders hesitant to fill storage facilities in anticipation of a possible price drop. Instead, gas prices recently rose by €100 per MWh for the first time since 2022. According to estimates by the German Association of Gas Storage Operators INES, during severe winters, Germany could face a shortage of up to 6.6 TWh of gas in the months of January, February and March. Furthermore, the calculations already take into account supplies from neighboring countries and LNG imports. Experts emphasize that during the normal winter weather, the gas supply will remain stable. However, at very low temperatures, uninterrupted supply can no longer be guaranteed. ⚠️ RV:.