Germany is backtracking on coal due to gas shortages. – The Informant.

Germany is backtracking on coal due to gas shortages.

Published on 21.6.2022

Rising gasoline prices in the United States have reached unprecedented levels, with the average price of a gallon of gasoline rising above $5 this month.

The price hike has been felt across the Atlantic as European countries reel from Russia’s invasion of Ukraine. The political fallout has led Russia to cut its gas exports to European countries, which now face a shortage.

This shortage has forced the hand of Germany, whose economy minister announced on Monday morning that it would temporarily return to burning coal for a “transitional period”.

CNBC reports:

Tendency : News, Pope Francis’ resignation may be “imminent.”

Germany says the deteriorating gas market situation means Europe’s biggest economy must limit the use of natural gas for power generation and burn more coal during a ‘transition period’ .

Economy Minister Robert Habeck warned on Sunday that the situation will be “really tense in winter” if precautionary measures are not taken to avoid a shortage of supply.

As a result, Germany will seek to offset a reduction in Russian gas supply by increasing the burning of coal, the most carbon-intensive fossil fuel and therefore the most important target for replacement in the transition. towards renewable alternatives.

“It’s bitter, but it is almost necessary in this situation to reduce gas consumption. We must and will do everything in our power to store as much gas as possible in summer and autumn,” Mr. Habeck, from the Greens party, said in a statement, according to a translation.

The European Union receives around 40% of its gas through Russian pipelines. Earlier this month, Russian oil giant Gazprom cut deliveries to Germany in half, in part due to “technical problems”, but German authorities say the decision is politically motivated.

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