Europe’s biggest Russian gas buyers raced to find alternative fuel supplies on Monday and could burn more coal to cope with reduced gas flows from Russia.
Germany, Italy, Austria, and the Netherlands have all signaled that coal-fired power plants could help see the continent through a crisis that has sent gas prices surging.
The Dutch government said on Monday it would activate the first phase of an energy crisis plan.
Russian gas flows to Germany through the Nord Stream 1 pipeline are still running at about 40% of capacity.
Europe’s gas inventories are still filling – albeit more slowly – and are about 54% full on Monday against a European Union target of 80% by October and 90% by November.
RWE said it could prolong the operation of three 300 megawatts (MW) brown coal power plants if needed.
RWE AG, headquartered in Essen, is a German international energy firm. In Asia-Pacific, Europe, and the United States, it generates and trades power. The company ranks second in the world for offshore wind power and third in Europe for renewable energy.
The Netherlands will remove a production cap at coal-fired energy plants to preserve gas. OMV said on Monday Austria was set to receive half the usual amount of gas for a second day. Russia’s state-controlled Gazprom cut capacity last week along Nord Stream 1, citing the delayed return of Siemens equipment.
This report’s information was first seen on Reuters; to read more, click this link.