Germany Faces Lower Gas Storage Levels Amid Stable Winter Supply Outlook
Germany's gas storage currently at 66.74%, with stable supply despite lower-than-usual reserves, as the country shifts from Russian gas to diversified sources.
Energy industry
All energy industry news
Energy Prices Drive German Energy-Intensive Industries to Invest Abroad Amid New Subsidy Plans
High energy costs and regulatory hurdles are driving German energy-intensive industries to relocate investments abroad, prompting government plans for a subsidized industrial electricity price to retain competitiveness.
Germany's Gas Storage Levels Hold Steady Amid Rising Consumption in 2025
Germany's gas storage remains robust at 75.34% despite rising consumption and the transition away from Russian gas imports.
Hamburg Start-up flexOn Uses AI to Cut Business Energy Costs Amid Rising Prices
Hamburg start-up flexOn launches AI platform to help businesses cut electricity costs amid rising energy prices.
Uniper Plans to Close Major Gas Storage Facility, Raising Concerns Over Germany's Economic Vulnerability
Uniper's plan to close a major German gas storage site highlights risks to the country's energy security and economy amid challenges filling gas reserves.
British Firm VPI Launches Major Battery Storage Project in Bad Wildungen
British company VPI is investing €450 million in a battery storage facility in Bad Wildungen, aiming to enhance Germany's renewable energy grid stability.
Danish Innargi Plans Major Geothermal Energy Investment in Kiel
Danish company Innargi plans geothermal drilling in Kiel while Hesse's Waldeck-Frankenberg agency aids local businesses in energy transition.
Halver Advocates for Comprehensive Economic Reforms in Germany
Expert Robert Halver calls for urgent economic reforms to combat high energy costs in Germany.
Meyer Burger Cuts 600 Jobs Amid Solar Industry Crisis
Meyer Burger lays off 600 employees in Germany, reflecting broader solar industry challenges.
Economic Consequences of Germany's Transition from Gas Energy
Germany's move away from gas energy is imposing significant economic challenges for domestic companies.
Ruhr Area Companies to Receive Vital Support Amid Energy Cost Crisis
Companies in the Ruhr region are set to receive support as they confront high energy costs.