German economy ministry spokesperson says we want market participants, not politics, to fill gas storage facilities

German economy ministry spokesperson says we want market participants, not politics, to fill gas storage facilities

German Economy Ministry Emphasizes Market-Driven Gas Storage, Rejects Political Intervention

Germany’s Federal Ministry of Economics and Climate Protection has reaffirmed its commitment to market-driven solutions for gas storage, stating that political intervention is unnecessary to ensure supply security this winter. A ministry spokesperson highlighted that current gas reserves, bolstered by liquefied natural gas (LNG) imports and diversified pipeline supplies, remain above legal thresholds and sufficient to meet demand.

The government maintains that storage facilities should be filled through market mechanisms rather than state mandates. “Any state action should only occur if it sustainably improves supply security and is cost-efficient,” the spokesperson emphasized, referencing ongoing efforts to develop a successor framework for existing storage rules. This stance aligns with Germany’s broader strategy to reduce reliance on Russian gas, achieved through new LNG terminals and supply agreements with Qatar, Norway, and Oman.

However, political tensions have emerged. The center-right CDU/CSU alliance has called for a stronger state role in securing gas reserves, citing concerns over geopolitical risks and low storage levels. The parliamentary group warned that current market conditions could lead to “misguided incentives” and advocated for a strategic gas reserve, similar to France’s subsidy model. Economy Minister Katherina Reiche has resisted such proposals, maintaining confidence in market resilience.

Industry experts note that Germany’s gas infrastructure has proven robust, with storage levels supported by reduced consumption—down 15% since 2022—and stable imports. Gas prices currently hover near 32 euros per megawatt hour, reflecting a stabilized market.

Looking ahead, challenges remain. Analysts caution that refilling storage facilities next summer will depend on economically viable price differentials between summer purchases and winter sales. While the government insists on market-driven solutions, the debate underscores broader uncertainties as Europe navigates a post-Russia energy landscape.

Reuters, February 17, 2026: Reuters, February 17, 2026
Bloomberg, February 11, 2026: Bloomberg, February 11, 2026
Deutsche Welle, February 2026: Deutsche Welle, February 2026