Germany falls back on coal as Russia slows gas supply to Europe – IOTW Report

Germany falls back on coal as Russia slows gas supply to Europe

Wa Ex: Germany announced measures on Sunday to reduce natural gas consumption and reignite the country’s reliance on coal, as Russian cuts to gas exports threaten shortfalls for next winter.

German Vice Chancellor Robert Habeck said the country would need to return to coal-fired power plants “for a transitional period” while putting more gas into storage to get the country through the winter.

“Security of supply is currently guaranteed, but the situation is serious,” Habeck said in a statement. “That means, to be honest, more coal-fired power plants for a transitional period. That’s bitter, but it’s almost necessary in this situation to reduce gas consumption.”

Habeck, a member of the Green Party, also said Germany is preparing a gas auction model to be unveiled later this summer to encourage consumers to save gas. In March, German lawmakers passed a gas storage act to specify that gas storage must be completely full by the start of the heating period so as to get through the winter with enough reserves. more

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