McKinsey: Germany Could Face Power Shortage in 2025

McKinsey: Germany Could Face Power Shortage in 2025

Germany may face a severe power shortage in 2025, with a shortfall of 4 GW. By 2030, the shortage could reach 30 GW. The German newspaper Welt am Sonntag wrote about it with reference to the results of the consulting company McKinsey.

It is noted that the energy crisis in Germany with the growth of electricity consumption and the simultaneous closure of reliable power plants will inevitably come as early as 2025.

“We are thus on the way to a significant deficit [of electricity]: 30 GW corresponds to the capacity of 30 large thermal power plants. Supply outages in 2030 will occur a total of almost 100 times. The longest phase could last about 21 hours,” the McKinsey analysts stressed.

In this case, the Welt am Sonntag recalled that at the end of January, the Federal Network Agency of Germany stated about the sufficient supply of electricity to the country until 2031. The German regulator took into account the capacity of gas power plants, underground gas storage facilities and emergency power supply stations of the country.

On January 17, German Chancellor Olaf Scholz said that Berlin would be able to stockpile the necessary amount of LNG by 2024. The head of government assured that the situation with gas shortages in the country will not be repeated due to increased imports.

The day before, German Economy Minister Robert Habeck reminded the world of the need to continue saving energy in order to prepare for spring and summer. Early in December 2022, he said, German citizens consumed 1 percent of their accumulated gas reserves every day. At the moment German gas storage facilities are 90.4 percent full.

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