Scholz assures economy of “greatest speed”.

Olaf Scholz after the Munich top-level discussion of the German economy 2022

The Chancellor is trying to maintain German energy security.

(Photo: Reuters)

Munich Federal Chancellor Olaf Scholz (SPD) assures the German economy of “greatest speed” in the short-term securing of gas supplies and the development of a CO2-neutral energy supply. “Our ambitious goals can only be achieved with great speed,” Scholz said on Friday in Munich after a meeting with the four leading associations.

When it comes to gas supply, the government will try “at an unprecedented pace” to have liquid gas terminals and gas pipelines built on the north German coast. “My goal: We won’t let anyone buy our guts.”

This Monday, the Nord Stream 1 pipeline through the Baltic Sea will be shut down due to maintenance work that has been announced for months. An acute concern is that Russia may not turn on the gas tap even after the maintenance is complete. Industry association BDI, employers, the Association of Chambers of Industry and Commerce (DIHK) and the Central Association of German Crafts (ZDH) called for a stable gas supply in a joint declaration.

Another main requirement: the reduction of planning and approval procedures for infrastructure, buildings and technical systems that used to take years or decades to just a few months. If such an acceleration does not come, the four leading associations predicted the failure of central projects of the federal government: “Ambitious goals of climate protection or digitization remain unattainable,” said the joint statement.

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However, industry did not criticize the federal government. ZDH President Hans Peter Wollseifer, as host, emphasized that business and politics could only solve the challenges “together”. “Never before has the conversation with the Federal Chancellor been as important as it is at this time.”

>> Read also: Cold withdrawal of Russian gas – Germany is threatened with an emergency winter

BDI President Siegried Russwurm does not rule out a stop in Russian gas supplies. “The decision lies with a man in the Kremlin,” Russwurm said before meeting Scholz. “You have to prepare for the worst, hope for the best and not talk about the crisis.”

Russwurm brings connection to northern Italy into play

In southern Germany in particular, with its large industrial locations, there are concerns that if Russian deliveries are stopped, the pressure in the German gas network will no longer be sufficient to ensure a stable supply. “It’s quite possible,” Russwurm said. “What happens in the event of a fundamental gas shortage in this gas network is not known from experience.”

Russwurm therefore suggested examining short-term replacement solutions, apart from new lines from the west and north: “In Bavaria, we would do well to consider whether there are other connections that can be upgraded relatively quickly, for example connections to northern Italy .” Perhaps the liquid gas terminal in Trieste is the better entry point.

According to Russwurm, the stability of the German gas supply also has an impact on neighboring countries: “You have to see the whole thing in a European context,” said the BDI-Cef. “Our neighbors to the south and east, the Austrians and the Czech Republic, are partly attached to our lines, and we in Bavaria, conversely, are loosely attached to the Italian ones.” Whatever is decided in Germany must be coordinated with the neighbors.

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