Energy · Berlin, Germany · November 12, 2026

Germany plans strategic gas reserve and backs gas plants

Reported by 3 outlets · first reported Nov 11, 12:00 PM ET

The German cabinet approved a draft law for a strategic gas reserve of 24 terawatt-hours, about 10% of storage capacity. Gas projects won all 5.16 gigawatts in Germany's first capacity auction. Experts also warned about rising debt.

Why it matters

It aims to protect supplies during emergencies.

Background

Germany has restructured energy supply since losing Russian gas.

The story so far

1. Nov 2Germany misses gas storage target as prices soar
2. Nov 3Europe enters winter with low gas storage
3. Nov 10European gas stocks at record low before winter
4. Nov 11Poland's Orlen cancels Qatar LNG contract; gas prices rebound
5. Nov 12Germany plans strategic gas reserve and backs gas plants

Follow the whole story →

Sources

• AFP via France 24 via Wikipedia ↗November 11, 2026
• OilPrice ↗Nov 11, 12:00 PM ET
• Le Monde ↗Nov 12, 3:00 AM ET

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

See it on the globe →All of Nov 12's stories