He highlighted swift creation of liquid natural gas terminals. Read more at straitstimes.com.
BERLIN – Germany’s energy supply for this winter is secure, Chancellor Olaf Scholz said on Wednesday, adding that the ability of Europe’s largest economy to swiftly wean itself off Russian gas has shown how flexible and speedy it can be.
These terminals will help replace Russian pipeline gas that used to account for half of Germany’s gas imports. Critics say that Germany might not have faced a major energy crisis if it had taken such measures to diversify supply before the war.The chancellor highlighted how the crisis had sped up the transformation towards a green economy – the LNG terminals could, for example, eventually be used for hydrogen.
“Of course, we must avoid new lock-ins, new path dependencies at all costs,” he said, adding this could be done by making new project hydrogen-ready “from the very outset and by expanding renewables in parallel”.
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