🎈 Up Big Today: Find today's biggest gainers (some over 50%!) with our free screenerTry Stock Screener

Majority of Germans confident energy supply to remain secure through winter - survey

Published 04/10/2022, 15:14
Updated 04/10/2022, 15:16
© Reuters. FILE PHOTO: Shop advertisement is illuminated after 10pm at night at Kurfuerstendamm shopping street in Berlin, Germany September 1, 2022. REUTERS/Lisi Niesner/File Photo
NG
-
ENRY
-

BERLIN (Reuters) - Nearly two thirds of Germans believe that power supply in Europe's biggest economy will remain secure over autumn and winter, a survey showed on Tuesday, as Berlin scrambles to compensate for falling Russian energy imports.

Despite the complete halt of Russian gas supplies to Germany though the now-defunct Nord Stream 1 pipeline, some 58% of Germans believe the government will secure enough gas supplies elsewhere, a survey published by RTL/ntv broadcasters showed.

Only a third of Germans said they had taken precautions for a possible energy supply interruptions, such as buying electric heaters or wood stoves, the survey by research institute Forsa of 1,008 respondents found.

Falling Russian gas supplies has forced Berlin to shore up gas supplies from outside of Russia. Last month, Berlin signed a deal with the United Arab Emirates to deliver liquefied natural gas to Europe's largest economy by the end of December.

© Reuters. FILE PHOTO: Shop advertisement is illuminated after 10pm at night at Kurfuerstendamm shopping street in Berlin, Germany September 1, 2022. REUTERS/Lisi Niesner/File Photo

The energy crunch has also pushed Germany to trigger an energy emergency plan and to open the possibility of extending the lifespan of its last three nuclear power plants until spring from originally planned year-end.

Some 68% of Germans are in favour of extending the nuclear power plants life until 2024, the RTL/ntv survey found.

 

 

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.