Andreas Seeliger

Dr Andreas Seeliger is professor of energy economics at Niederrhein University of Applied Sciences in Krefeld (Germany). He obtained a PhD from the University of Cologne and a Master of Economics from Goethe-University Frankfurt. In addition, he works as an Associate at Frontier Economics Limited and as a freelance consultant. Andreas has more than 20 years of experience in the energy sector, mainly in the gas industry. His work experience include positions at Trianel European Energy Trading (head of long term gas procurement), Frontier Economics (senior consultant) and EWI – Institute of Energy Economics (researcher and consultant). He is the author of various articles as well as textbooks on energy policy and environmental economics.

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                    [post_content] => Germany has the largest industrial sector in the European Union, and the largest industrial gas consumption in Europe. It is by far the largest European importer of Russian gas, and the interruption of Russian deliveries has forced Germany to review its supply and demand outlook. Given that households and other smaller consumers are protected by European and German regulation, industrial customers are most likely to have to bear the brunt of a looming gas tightness this winter. This paper examines the situation of the German industry at the beginning of winter 2022/23. It discusses the role of gas in Germany's industrial sector; provides an outlook on the gas supply situation for winter 2022/2023 as well as an overview of the current legal and institutional framework governing the gas emergency plan.

The paper argues that even though much legislative action has taken place so far, and additional measures will likely be issued, some decisions (or in some cases failure to take decisions) appear half-hearted. On the plus side, storage was full at the beginning of winter and there is no insecurity about Russian gas deliveries as they are already down to zero. The (quasi) fact that Russia will not return to the German gas market leaves of course a huge supply gap, but as this was already clear in the summer and allowed market players to prepare (as far as possible) for this situation. Nevertheless, demand reduction programs seem insufficient to reduce consumption in an adequate manner. Some measures, such as consumer subsidies, could even undermine the reduction plans. This might lead to a gas supply gap, which in turn could lead to a cut-off of industrial customers.

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Latest Publications by Andreas Seeliger