Energy squeeze could see Berlin’s gaslights flicker out
The night has a different colour in parts of Berlin where the streets are lit by gas: the light more ethereal and the shadows deeper. But these areas could be Continue Reading
Seven out of 10 Germans using less energy due to soaring prices -survey
Seven out of 10 Germans are using less energy due to decades-high inflation in Europe’s largest economy while half are spending less on leisure activities, according to a new survey. Continue Reading
German Power Climbs to Fresh Record as Industry Starts to Buckle
German power prices climbed to a fresh record, putting more pressure on industrial production and consumers struggling with a cost-of-living crisis. Rallying gas and coal prices and little sign of Continue Reading
Germany’s Rhine Seen Surging to More Navigable Level Next Week
The water level at a key German chokepoint on the Rhine River is forecast to surge early next week, making it significantly easier for barges carrying vital cargoes to traverse Continue Reading
Europe’s Gas Crunch Will Squeeze BASF
BASF’s hub in Ludwigshafen, Germany, could be run at 50% under contingency plans for possible gas rationing. This column is part of the sixth annual Heard on the Street stock-picking Continue Reading
Germany to lower sales tax on gas to 7% in bid to relieve consumers
Germany will lower the sales tax on gas to 7% in an effort to cushion the blow of additional charges being placed on consumers to ensure energy companies can afford Continue Reading
More U.S. sour crude heads to Germany to replace Russia oil
A second shipment of crude from a U.S. Gulf of Mexico offshore field has sailed for Germany, according to vessel tracking data and trade sources on Tuesday, as European refiners Continue Reading
Germany to Keep Last Three Nuclear-Power Plants Running in Policy U-Turn
The Isar nuclear-power plant in Essenbach, Germany, is one of the last nuclear plants still operating in the country. BERLIN—Germany plans to postpone the closure of the country’s last three Continue Reading
German families face 480 euro rise in gas bills under new levy
German households will have to pay almost 500 euros ($509) more a year for gas after a levy was set to help utilities cover the cost of replacing Russian supplies, Continue Reading
German energy market would collapse without gas levy – Habeck
German Economy Minister and Vice Chancellor Robert Habeck arrives to address the media after the announcement of the gas levy at Federal Ministry for Economic Affairs and Climate Action, in Continue Reading