Kees van der Leun
European gas price now up 48% since Friday!
And Dutch gas storages at a very low level (10% filled).
But: no incentive at all for commercial companies to start filling up again: prices throughout the year are higher than those for next winter. If we want the storages filled, governments need to act.
Mar 2 at 1:51pmWeb
Show threadToni AittoniemiMar 2
@Sustainable2050 Great opportunity to boost non-fossil fuel sources... ;)
Show threadBenedikt NeuzweigMar 2
@gimulnautti @Sustainable2050 Tough luck for us in German: Electricity price is tied to gas prices, no matter how much renewables we have. You're welcome, power corporations!
Show threadToni AittoniemiMar 2
@benedikt_lauenburg @Sustainable2050 What? Good job.. :(
Show threadBenedikt NeuzweigMar 2
@gimulnautti @Sustainable2050 More information on the subject can be found here: https://de.wikipedia.org/wiki/Merit-Order#Gaspreisschock (in German)
Merit-Order – Wikipedia

Show threadElizenery🔻Mar 2
@Sustainable2050 Policies to ensure filling are already in place. No need to panic yet. I do hope EU and national governments will step up efforts to increase energy efficiency and electrification with renewed sense of urgency. High prices will boost these efforts.
Show threadKees van der LeunMar 2
@lisettedeboer not planning to panic, but thanks ;)
For the Netherlands, the obligation is only 74%, and what I'm saying is that under current forward prices, the government will have to support or carry out all of the filling required. And that's not something that can be done within one or two months.
Btw, it's not a strategic storage: it can be freely used throughout the winter season.