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Germany's Gas Storage Levels Lower Than Usual Amid Winter Supply Concerns

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Natural Gas
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Germany's gas storage levels are lower than in previous years, raising concerns about potential shortages this winter. As of mid-September 2026, Germany had stored around 141 terawatt-hours of gas, accounting for approximately 57% of the country's total storage capacity.

Last winter, just under 134 terawatt-hours of gas were withdrawn from storage, according to the Federal Network Agency. However, compared to previous years, natural gas storage levels are low.

Experts interviewed by DW do not appear concerned about the winter gas supply, citing signed contracts with reliable suppliers and investments in infrastructure such as LNG terminals and pipeline imports. The Federal Network Agency and Germany's Ministry for Economic Affairs and Energy also downplayed supply risks, pointing to factors such as available storage, ongoing imports, demand, and international energy markets.

However, some experts caution that low storage levels could cause prices to rise if additional volumes need to be procured on the market. The current gas price has risen to over €80 per megawatt-hour, up from around €46 in the second quarter.

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