Storage levy increased

Germans “exacerbate” gas situation in Austria

Nachrichten
21.05.2024 19:28

Germany is increasing the controversial gas storage levy from 1.86 euros to 2.50 euros per megawatt hour from July. This will also have a massive impact on Austrian imports from and exports to Germany. The government in Vienna renewed its criticism on this occasion.

"The gas storage levy makes the purchase of non-Russian gas more expensive and thus makes it more difficult to diversify our gas supply," Energy Minister Leonore Gewessler announced on Tuesday. "The increase will further exacerbate this situation," criticized Gewessler. From the point of view of domestic experts, the levy is contrary to European law, she reminded. However, talks with Germany for a reversal have apparently not been successful so far. The EU Commission therefore initiated a pilot procedure in March as the first step in the infringement proceedings. "We expect the next steps to follow quickly," said the Minister.

Energy Minister Leonore Gewessler is hoping for support from Brussels in the fight against the German gas storage levy. (Bild: APA/ROLAND SCHLAGER)
Energy Minister Leonore Gewessler is hoping for support from Brussels in the fight against the German gas storage levy.

What is the gas storage levy?
The gas storage levy is a surcharge on the gas price that was introduced during the energy crisis. Germany wants to use the levy to cover the costs of gas storage. The surcharge was initially introduced in 2022 at 59 cents per megawatt hour due to the Russian war of aggression against Ukraine and its impact on the energy market.

This is how the Germans justify the increase in the levy
At that time, the German government had set the minimum filling quantities in order to ensure sufficient gas reserves, especially during the winter. Trading Hub Europe GmbH justified the current increase by stating that gas had to be purchased at high prices in 2022 to fill the storage facilities, but was later sold at significantly lower prices. This was due to developments on the global market on the one hand and a significant decline in gas consumption in Germany on the other.

This article has been automatically translated,
read the original article here.

 krone.at
krone.at
Loading...
00:00 / 00:00
play_arrow
close
expand_more
Loading...
replay_10
skip_previous
play_arrow
skip_next
forward_10
00:00
00:00
1.0x Geschwindigkeit
explore
Neue "Stories" entdecken
Beta
Loading
Kommentare
Eingeloggt als 
Nicht der richtige User? Logout

Willkommen in unserer Community! Eingehende Beiträge werden geprüft und anschließend veröffentlicht. Bitte achten Sie auf Einhaltung unserer Netiquette und AGB. Für ausführliche Diskussionen steht Ihnen ebenso das krone.at-Forum zur Verfügung. Hier können Sie das Community-Team via unserer Melde- und Abhilfestelle kontaktieren.

User-Beiträge geben nicht notwendigerweise die Meinung des Betreibers/der Redaktion bzw. von Krone Multimedia (KMM) wieder. In diesem Sinne distanziert sich die Redaktion/der Betreiber von den Inhalten in diesem Diskussionsforum. KMM behält sich insbesondere vor, gegen geltendes Recht verstoßende, den guten Sitten oder der Netiquette widersprechende bzw. dem Ansehen von KMM zuwiderlaufende Beiträge zu löschen, diesbezüglichen Schadenersatz gegenüber dem betreffenden User geltend zu machen, die Nutzer-Daten zu Zwecken der Rechtsverfolgung zu verwenden und strafrechtlich relevante Beiträge zur Anzeige zu bringen (siehe auch AGB). Hier können Sie das Community-Team via unserer Melde- und Abhilfestelle kontaktieren.

Kostenlose Spiele