Germans could overload their power grid as they switch to inefficient electric heaters in an attempt to avoid gas shortages this winter, utilities warned in an article published on Sunday. Continue Reading
VNG (VNG.UL), one of Germany’s biggest importers of Russian natural gas, on Friday asked the government for aid to stay afloat, the latest European energy firm to seek state support Continue Reading
Germany and Europe are prepared to weather the fallout should Russia decide to halt gas deliveries altogether, the country’s chancellor Olaf Scholz said in a statement Saturday. Germany has prepared Continue Reading
German Economy Minister Robert Habeck faced a backlash on Wednesday for saying he could imagine parts of the economy stopping production due to rising energy prices that German firms say Continue Reading
Germany plans to subsidise a basic level of electricity usage for households and set aside cheaper power for small and medium-sized businesses, according to measures set out in an Economy Continue Reading
Germany is not convinced that a price cap on Russian gas imports would be a smart move, Politico has reported , citing a spokesman for the German economy ministry. “We Continue Reading
All nuclear reactors still to go offline at year-end Two reactors to remain in reserve in case of shortages Crises in power supply ‘very unlikely’, minister says Critics say move Continue Reading
France will send gas to Germany if needed while Germany stands ready to provide it with electricity, President Emmanuel Macron said on Monday, saying this showcased European solidarity in the Continue Reading
German gas importer Uniper has said that the country does not rule out undertaking gas rationing at some point following Russia’s decision to indefinitely halt gas flows via the Nord Continue Reading
German factory orders fell for a sixth month as inflation and uncertainty about energy supplies undermine Europe’s largest economy. Demand slipped 1.1% from June, driven by a slump in consumer Continue Reading
