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Bruegel warns against ‘subsidy war’ over gas

In the future, Germany’s gas storage facilities are to be 90 percent full by December each year. The German government wants to set corresponding minimum filling levels with a law on the national gas reserve. Meanwhile, the think tank Bruegel warns against national solo efforts, a “subsidy war” among EU states – and risks that could arise if Gazprom supplies increase again.
By
Manuel Berkel
Image of Manuel Berkel

At current prices, storing 700 terawatt-hours of gas would cost at least €70 billion for the entire EU – compared to €10 billion in previous years, Bruegel analyst Simone Tagliapietra wrote on Twitter.

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