15-05-2025
Germany Gets First Bookings for Huge, Nearly Empty Gas Reserve
Germany saw its first success this year in auctioning space at its biggest natural gas storage site, which has remained stubbornly empty after a cold winter.
Traders booked a small portion of the capacity at the Rehden underground facility, which accounts for nearly a fifth of Germany's gas storage space. Previous auctions held by the state-owned operator, Securing Energy for Europe GmbH, had no success — including last week.
