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A worker walks past a gas tube that connects the 'Hoegh Esperanza' Floating Storage and Regasification Unit (FSRU) with main land during the opening of the LNG (Liquefied Natural Gas) terminal in Wilhelmshaven, Germany, December 17, 2022. Michael Sohn/Pool via
A worker walks past a gas tube that connects the 'Hoegh Esperanza' Floating Storage and Regasification Unit (FSRU) with main land during the opening of the LNG (Liquefied Natural Gas) terminal in Wilhelmshaven, Germany, December 17, 2022. Michael Sohn/Pool via
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Energy crisis not over, warns German energy regulator

June 7th, 2023 | 23:09 PM BUSINESS Energy 1

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By Reuters

An energy crisis in Europe's biggest economy is not yet over, the head of Germany's energy regulator told the Funke media group on Thursday, adding, however, that he expected gas storage tanks to be full by late summer.

Klaus Mueller said much had been achieved in a short time last year to diversify supply and reduce Germany's dependence on Russian gas after Moscow's invasion of Ukraine.

"When it comes to storage (tank) filling, we are now at a different level to last year ... But the biggest factor remains the weather," said Mueller. "The energy crisis is not over yet."

If Europe experienced a cold winter, Germany would benefit from any precautions taken to save energy. He urged consumers to adapt their homes to save energy by installing insulation or more efficient heating systems.

"If everything goes well, we will have full storage facilities in the late summer," Mueller was quoted as saying.

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