No Immediate Consequences for Households Due to Gas Price Increase

Short-term price fluctuations would not affect prices for end consumers. The situation would be different if prices remained high over a longer period, explained E-Control board member Wolfgang Urbantschitsch on Tuesday at a press conference.

Gas Price Increase: Domestic Gas Storage Already Well Filled

The consequence must be to continue to become independent from energy sources such as gas and oil. "An increase in energy independence means that we are less exposed to price spikes due to conflicts," said Urbantschitsch. The filling of domestic gas storage is seen by the energy regulator as being on a good path. Already, 60 terawatt hours (TWh) of natural gas are stored, almost the annual consumption of the most recent 75 TWh.

(APA/Red)

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