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German Gas Savings Fall Short of Target

NATURAL GAS
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German gas users, both households and businesses, saved too little gas in the second half of January according to the network regulator.

  • Gas consumers only saved 8.6% in the last week of January compared to the average use between 2018 and 2021, and 14% when taking colder temperatures into account.
  • The regulator has said consumption needs to be cut by 20% to help offset the lack of supplies from Russia.
  • German gas storage of 78% is well above the target of 40% by Feb 1 but the regulator wants to keep stocks as high as possible to prepare for next winter where they may not benefit from such warm temperatures.



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German gas users, both households and businesses, saved too little gas in the second half of January according to the network regulator.

  • Gas consumers only saved 8.6% in the last week of January compared to the average use between 2018 and 2021, and 14% when taking colder temperatures into account.
  • The regulator has said consumption needs to be cut by 20% to help offset the lack of supplies from Russia.
  • German gas storage of 78% is well above the target of 40% by Feb 1 but the regulator wants to keep stocks as high as possible to prepare for next winter where they may not benefit from such warm temperatures.