Print Magazine
Brussels Morning Newspaper
Sunday, March 26, 2023
No Result
View All Result
  • Home
    • About Us
  • EU institutions
    • Commission
    • Parliament
    • Council
  • Europe
  • World
  • Economy
  • Culture and Society
  • In Depth
    • Ambassador’s Corner
    • The American Angle
    • Sustainable Perspective
    • Europe With Transparency
    • Place de la Bourse
    • The Macro-Economist
    • Southeast Europe
Brussels Morning Newspaper
  • Home
    • About Us
  • EU institutions
    • Commission
    • Parliament
    • Council
  • Europe
  • World
  • Economy
  • Culture and Society
  • In Depth
    • Ambassador’s Corner
    • The American Angle
    • Sustainable Perspective
    • Europe With Transparency
    • Place de la Bourse
    • The Macro-Economist
    • Southeast Europe
Brussels Morning Newspaper
No Result
View All Result
Home Europe

Germany to increase reliance on coal

Nikola Kiš by Nikola Kiš
20 June 2022
in Europe
Coal,Mining,:,Coal,Miner,In,The,Man,Hands,Of

Coal mining : coal miner in the man hands of coal background. Picture idea about coal mining or energy source, environment protection. Industrial coals. Volcanic rock. Panorama photo

Share on FacebookShare on Twitter

Belgium, (Brussels Morning Newspaper) The German Ministry for Economic Affairs and Climate Action announced plans to increase the country’s reliance on coal in response to the energy crunch.

The Ministry announced on Sunday that the response includes plans to increase natural gas storage levels before the winter, according to Reuters reporting.

Russian energy giant Gazprom has recently cut gas deliveries, which Germany is concerned about as it relies on Russian gas imports.

Besides turning back to coal-fired power plants, the Economy Ministry announced plans to incentivise the industry to consume less energy.

The Ministry is preparing credit lines worth 15 billion euro for the national gas market operator to fill storages faster than originally planned, according to a government source.

Robert Habeck, Minister for Economic Affairs and Climate Action, stressed that the Ministry will take further action if situation demands it.

According to two sources familiar with the matter, the Ministry could launch the second phase of the gas emergency plan, which would allow utilities to pass on rising prices to consumers if the country faces risk of long-term shortages.

Habeck blames Putin

“The tense situation and the high prices are a direct consequence of [Russian President Vladimir] Putin’s war of aggression on Ukraine,” Habeck asserted in a statement.

“What’s more, it is obviously Putin’s strategy to make us insecure, to drive up prices, and to divide us,” he continued and added “we will not let that happen… we will fight back decisively, precisely and thoughtfully.”

Habeck pointed out that coal-fired power plants can help to address any gas shortages and announced that proposed regulations will be sent to MPs on 8 July.

“That is painful, but it is a sheer necessity in this situation to reduce gas consumption,” he observed, but stressed the importance of preparing for the winter.

Habeck noted that, if the government does not prepare, “we run the risk that the storage facilities will not be full enough at the end of the year towards the winter season… and then we are blackmailed on a political level.”

According to plans, Germany is to fill gas storages to 80% by October and further to 90% by November.

Tags: Main-Sliderreliance on coal
Facebook Twitter Youtube LinkedIn

About Us

Brussels Morning is a daily online newspaper based in Belgium. BM publishes unique and independent coverage on international and European affairs. With a Europe-wide perspective, BM covers policies and politics of the EU, significant Member State developments, and looks at the international agenda with a European perspective.

Category

  • Ambassador’s Corner
  • Belgium News
  • Brussels
  • Commission
  • Council
  • Culture and Society
  • Diplomacy
  • Economy
  • EU Institutions
  • Europe
  • Europe With Transparency
  • Features
  • Health & Fitness
  • In Depth
  • Member States
  • Middle East Eye
  • Opinion
  • Our pick
  • Parliament
  • Place de la Bourse
  • Southeast Europe
  • Sustainable Perspective
  • The American Angle
  • The Macro-Economist
  • Uncategorised
  • US Elections
  • World

More info

  • About Us
  • Advertising
  • Cookies Policy
  • Contact Us
  • FAQ
  • Jobs

Brussels Morning Newspaper - All Rights Reserved © 2020

No Result
View All Result
  • Home
  • About Us
  • Brussels Bubble
    • Parliament
    • Commission
    • Council
  • Wider Europe
    • Member States
  • World
  • Business & Society
  • Europe With Transparency
  • Culture & Society
  • Policy Talks
    • Place de la Bourse
    • The Macro-Economist
    • Sustainable Perspective
    • Ambassador’s Corner
    • The American Angle
    • Southeast Europe
  • Print Magazine

Brussels Morning Newspaper - All Rights Reserved © 2020

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT