
German gas storage level is curently 64%, only 0.2% lower than a week ago. Over the weekend,gas storage levels increased by 0.15% on both Saturday and Sunday. Heating season is nearing end,and we’ve only consumed 1/3 of our gas in storage over this winter
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source:[https://www.zeit.de/wirtschaft/energiemonitor-deutschland-gaspreis-spritpreis-energieversorgung](https://www.zeit.de/wirtschaft/energiemonitor-deutschland-gaspreis-spritpreis-energieversorgung)
good news is that also at the European level gas storage withdrawal is slowing down to a halt
up 0.02% on Saturday
[https://agsi.gie.eu/](https://agsi.gie.eu/)
last year we started to fill gas storage from 25% ,now we are starting from 54% despite 80% less Russian gas flows
All that money wasted in august buying expensive gas to stockpile for nothing…
Back in December, some analysts said that the next winter, 2023/2024 would be the real challenge, because there’s no Russian gas to be had to refill the German storage this year. And that a few makeshift LNG terminals won’t be able to supply the same amount.
I take it analysts/politicians are more optimistic now?
So, global warming saved us?
Dutch TTF is was briefly below 40€ today. That is higher then normal, but it is not insane anymore and falling.
Yet the rent prices which shot up are not coming down in the nearest sight.
This reminds me of those Brits who kept posting about their vaccine numbers during that phase of the pandemic
Germany saved by global warming. You love to see it.
Probably still a good reason to build more on shore and off shore storage.
Ideally, with the new ownership in a Germany Wealth Fund.