Germany talks about risks associated with ending cheap gas era

“Wholesale gas prices, which were over 300 euros per megawatt at the end of the summer, fell by about 50 euros. This is much more than in 2021, but the new normal. We have to get used to higher prices, the era of cheap energy from Russia has finally passed,” he told the Rheinische Post. He pointed to moderate successes in recovering existing gas following the abandonment of the Russian energy carrier.