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German Gas Regulator Suggests Demand Cuts for Households

NATURAL GAS

The German people have to save at least 20% of their energy consumption to avoid a gas shortage by December due to weak flows from Russia according to head of Germany’s network regulator Klaus Mueller in an interview released over the weekend.

  • Mueller said Germany should also cut its gas exports to neighbouring countries by 20% and import 10 to 15 Gigawatt hours (Gwh)of gas to avoid shortages.
  • “If we don’t save a lot and don’t get any additional gas, we’ll have a problem,” he said.
  • “In order to secure jobs, I think austerity measures for private households are legitimate,” Mueller said.
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