Germany Misses Gas Storage Target as Prices Soar

The Quick Take
Germany has missed its gas storage target for the start of winter. Now, the EU’s largest economy faces a difficult heating season as the European gas benchmark topped 100 euros per MWh last week and has stayed there since. Higher prices may turn out to be the smaller problem. A supply crunch would be worse. Every European Union member state has an obligation to secure enough natural gas ahead of w
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