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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
NATURAL GAS
German natural gas consumption last week fell further below the 2018-21 average to 20.5%, compared with 19.9% the week prior, Bnetza data show.
- Gas demand in Germany increased by 3.3% on the week, driven by an increase in demand from industry which surpassed 2022 levels for calendar week 34.
- German natural gas reserves stood at 93.85% on 29 August, up from 93.31% a week earlier, GIE data show.
- German gas output for electricity generation in August increased on the month, replacing some hard coal and lignite-fired burn, and amid lower renewables output this month, data from Fraunhofer ISE show.
- German gas output for power generation stood at 7.84TWh, or 21.8% of total generation, in August, compared with 7.51TWh, or 19.3%, in July.
- Solar PV, onshore and offshore wind output in August fell to a share of 37.8%, compared with a share of 46.9% of total output in July.
- Hard coal and lignite output reached a share of 21.13% this month, up from 13.4% last month.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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