The German network regulator reiterates its call to save as much gas as possible as the country faces a shortage emergency amid a cut in supplies from Russia. The country is turning to coal-fired power plants again to ensure electricity continuity and is a serious blow to ambitions reduce coal usage by the turn of the decade.

It’s not just Germany that is being affected by this at the moment. Italy, Austria, and the Netherlands are all facing a similar predicament.

This article was written by Justin Low at www.forexlive.com.