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    Germany reactivates coal for electricity consumption, reserves Russian gas

    August 1, 2022 - CE Noticias Financieras


      Caracas - Germany has already reactivated a first coal-fired plant that was in "reserve" status to be used for electricity consumption, while the Russian gas that continues to be supplied by the Nord Stream pipeline is being used to fill its storage tanks for the winter.

      The Federal Network Agency (Bundesnetzgentur) intends to stop using the gas for electricity supply, according to the weekly "Der Spiegel".

      For the time being, only one plant in Lower Saxony (central Germany) is to be reactivated, in accordance with the plan approved on July 14 by the Ministry of Economics and Climate, which implies a de facto rethinking of the timetable for saying goodbye to this fossil fuel.

      The Minister of Finance, the liberal Christian Linder, had already pronounced himself last weekend in favor of no longer using gas for electricity consumption.

      Despite the ten-day interruption of supplies via Nord Stream in mid-July, and the fact that only about 20 % of capacity is being received in the country after its restoration, German storage tanks have continued to rise slowly.

      From 64.5 % about ten days ago, deposits have risen to 68.5 %, according to data from the Bundesnetzagentur.

      The goal of the Minister of Economics and Climate Protection, the Green Robert Habeck, is to reach 75 % at the beginning of September and 95 % in November in order to guarantee the necessary gas supply for the winter.


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