German network regulator: widespread power outages ‘very unlikely’

1 min read
FILE PHOTO: Electrical power pylons near Weselitz

DUESSELDORF (Reuters) – Germany’s energy watchdog on Friday rebuffed fears that a shortage of Russian gas would lead to large-scale power blackouts in Europe’s largest economy.

“Electricity supply in Germany is very secure. There are numerous mechanisms and reserves to keep the power grid stable even in tense situations,” Bundesnetzagentur President Klaus Mueller told Reuters in e-mailed comments.

“We consider uncontrolled and widespread power outages to be very unlikely. We also consider the probability of forced shutdowns becoming necessary in winter to be low.”

(Reporting by Tom Kaeckenhoff; Writing by Christoph Steitz; Editing by Thomas Escritt)

tagreuters.com2022binary_LYNXMPEIB80HT-BASEIMAGE

Related News:   'P.R. job' or antidote to 'groupthink'? Bank of Canada to offer policy-meeting minutes