Sergey Kondratiev, Deputy Head of the Economics Department of the Institute for Energy and Finance, commented in an interview with RT that Germany had raised the level of its gas emergency plan to the second of three due to supply cuts.
According to the expert, this may mean a gradual restriction of supplies to consumers, which gas supply organizations do not consider a priority.“In fact, enterprises in Germany have been in a rather strict gas saving regime for a long time. Because the current spot prices and prices for end consumers are at historical highs over the past six months, in the current conditions, consumers are forced to save money,” Kondratiev said.
“That is, someone may receive a notice or a strong recommendation to use alternative fuels. For example, the same power industry. That is, there may be a restriction and there will be proposals to load coal-fired power units. What will be the effect of this? We will be able to understand it two to three weeks after the start of these recommendations. It seems to me that the basic effect of these measures will be quite limited,” the interlocutor of RT concluded.
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