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Thanks to very warm temperatures in the 2023/2024 winter, gas storage levels at the start of May were significantly higher than the historical average, the association of storage system operators INES. Levels stood at 67 percent as of 1 May, and the聽association expects gas storage facilities to be completely full before the coming winter. 鈥淏y looking at the INES gas scenarios and considering the experience from last year, we鈥檙e able to say that it鈥檚 possible for gas storage facilities to be filled to 100 percent this year too,鈥� INES head Sebastian Heinermann said.

With Germany of 779 billion kilowatt hours (kWh) of gas in 2023, gas storage is used to meet only part of the overall demand at any given time in winter, when the country needs most gas due to heating demand. Following the halt of gas deliveries from Russia in 2022 in the aftermath of the country鈥檚 invasion of Ukraine, Germany scrambled to find alternative sources to avoid a gas shortage in winter. Norway has now of gas for the EU, supplying 30 percent, reported Bloomberg. In Germany this is even higher, with monthly Norwegian supplies reaching a share between 33 percent in January 2023 and 48.5 percent in May 2024.

Germany set strict targets for storage filling levels at certain dates throughout a year. The country鈥檚 gas storage facilities continued to fill up even after the start of the heating season in October 2023, containing more gas than ever before.