• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Energy
Europe

Germany draws up plans to cut power exports to rest of Europe in worst-case ‘last resort’ scenario

Tristan Bove
By
Tristan Bove
Tristan Bove
Tristan Bove
By
Tristan Bove
Tristan Bove
October 4, 2022, 12:55 PM ET
Shot of steam rising from German power plants
Germany becomes the latest European country to consider slashing electricity exports to neighbors.Rolf Vennenbernd—Picture Alliance/Getty Images

Europe’s energy crisis is forcing governments to make some tough choices that could threaten European cooperation if the situation worsens this winter.

There are real fears that some European countries will have to resort to energy rationing this winter as the continent copes with reduced natural gas imports from Russia. But for countries that were especially reliant on Russian gas imports before the invasion of Ukraine in February, asking consumers and businesses to use less energy may not be enough.

Germany—Europe’s poster child for the perils of relying on Russian energy imports—may have to cut back on electricity exports to neighboring European nations to avoid power grid breakdowns this winter, the Financial Times reported on Tuesday.

Hendrik Neumann, chief technical officer of Germany’s largest grid operating company Amprion, told the FT that it was drawing up plans for temporary pauses in energy exports as a “last resort” to avoid electricity supply bottlenecks and shortages if domestic energy demand surges during the colder months.

“We are assuming a highly stressed situation during the coming winter,” Neumann said.

Energy in short supply

Last year, Russia accounted for 55% of Germany’s gas imports, making Europe’s largest economy one of the most dependent on Russia when the Ukraine war broke out.

But the energy crisis is far from contained to Germany.

Eastern European countries have also been hit by reduced Russian gas imports, and even in France—where a focus on nuclear energy has made it one of Europe’s most stable energy producers—energy generation capacity has plummeted this year. Around half of France’s nuclear power plants have been offline in recent months owing to maintenance work, employee strikes, and extreme weather conditions over the summer.

France would be among the countries hit if Germany slashes electricity exports to neighbors, according to the FT, and with energy in short supply across the continent, such decisions are unlikely to go over well.

Rising tensions

With energy use expected to tick up once winter hits, friction is growing between traditional allies.

Last week, Slovakia warned that it would start slashing electricity exports to its neighbors if the country did not receive more financial assistance from the EU to cover rising energy bills. 

And over the summer, Norway—Europe’s largest natural gas producer that overtook Russia as the continent’s largest supplier in August—hinted that it would likely cut electricity exports to other countries to safeguard its own reserves for the winter. Norway normally relies on hydropower for almost all of its domestic energy needs, but an extremely hot and dry summer caused its generation capacity to fall significantly.

Norway’s decision did not go over well with neighbors, with grid operators in Denmark, Sweden, and Finland urging against it.

“It would be the first country in Europe to do it in electricity. It would be a very dangerous step and nationalistic. It’s very selfish behavior,” Jukka Ruusunen, chief executive of Finland’s largest operator, Fingrid, told the FT in August.

Energy hoarding among European nations would go against the principles of the European Union’s internal energy market, which for nearly 30 years has steered the continent toward keeping energy supply consistent among member states. 

Officials have warned that energy hoarding could lead to a cascade of distrust and a domino effect of more countries reducing exports. Last week, Norway’s own grid operator, Statnett, recommended the government not go forward with slashing electricity exports, as it might push other countries to reduce the amount of electricity they are willing to send to Norway during the winter.

Sign up for the Coins2Day Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.
About the Author
Tristan Bove
By Tristan Bove
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.