Germany’s Utilities: Gas Supply Will Worsen. In the wake of the Russian invasion of Ukraine, Germany announced it was changing course “in order to eliminate our dependence on imports from individual energy suppliers,” German Chancellor Olaf Scholz said. Germany will build two LNG import facilities, at Brunsbuettel and Wilhelmshaven, and look to speed up the installation of renewable energy capacity to have 100-percent renewable power generation by 2035.
However, unplugging the German energy system from its dependence on Russia will not happen overnight, Chancellor Scholz has said several times over the past weeks, warning that a halt of Russian energy supply would plunge Europe and Germany into a deep recession.