Germany on June 23 moved to stage two of its three-tier emergency gas plan after Russia reduced deliveries via the Nord Stream 1 pipeline.
Germany is working to prepare for a possibly permanent reduction or disruptions or stoppages caused by east-west tensions over war in Ukraine, sanctions and counter threats.Here is a closer look at the three stages, set by Germany's Economy Ministry, as context to a possible move to stage three any time in the future.- This stage was triggered on March 30.
- Electricity TSOs also started coordinating to keep grids stable should gas to power stations drop and cut their output. - The official wording said there "is a disruption in the gas supply or an exceptionally high demand for gas which leads to a significant deterioration of the gas supply situation, but the market is still able to cope with this disruption or demand without the need to take non-market based measures".
- State intervention kicks in because market fundamentals no longer work, effectively meaning that gas supplies must be rationed.
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