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Warning over winter halts to German energy exports

Financial Times LogoFinancial Times2 mo ago

Warning over winter halts to German energy exports

Quick Summary

Such an imbalance is normally addressed by firing up more coal and gas fired power plants in southern Germany, but there may not be enough available capacity this winter.

Other headaches include the shutdowns of the French nuclear power plants and disrupted coal deliveries caused by low water on main rivers.

Neumann said he did not share the view of German economics minister Robert Habeck, who in July argued that the country was not facing an electricity problem.“If that was the case, we would not have been asked [by the government] to conduct a special analysis [on the electricity market in the winter],” he said.


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News Analysis

Author / Journalist: Olaf Storbeck

Category: Business

Topics: Neumann Grid Other Plants Power Germany Winter Year Electricity German Nuclear

Source Website Secure: Yes (HTTPS)

Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

News Source URL: ft.com

Readership Location: United States

Published Date: 2022-10-04, 04:00:57

News Timezone: GMT +8:00

Language: English

Original Article Length: 808 words

Reading Duration: 5 minutes read

Compatibility: Desktop Web, Mobile Web, iOS App, Android App

News ID: 2833526

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About Publisher

Financial Times Logo

Name: Financial Times

Main Topics: Business

Official Website: ft.com

Update Frequency: 27 posts per day

Last Update: 10h ago

Headquarters: United States

Coverage Areas: United States

Publication Owner: Independent Company

Publication Timezone: GMT +8:00

Languages Covered: English

RSS Feed: Available (XML)

API Available: Yes

Website Security: Secure (HTTPS)

Publisher ID: #150

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