The cut in Russian gas supplies has Germany enacting the second phase of their gas emergency plan. What do these plans entail?
On 23 June, Germany triggered the second stage of their emergency gas plan in response to the cut in Russian gas supplies since 14 June and the high price levels. A gas crisis team, which was already set up when the first emergency level was declared in late March, meets daily to monitor and assess the situation.
While the security of supply is currently still guaranteed, “the situation is tense”, according to the German Federal Ministry for Economic Affairs and Climate Action. If the Russian gas supply remains low, it will complicate achieving storage level targets by winter. Federal Minister for Economic Affairs and Climate Protection Robert Habeck called the current situation “serious”, referring to gas as a “scarce commodity”.