Pull to refresh
Logo
Katherina Reiche

Katherina Reiche

Germany's federal minister for economic affairs and energy

Appears in 4 stories

Office: Federal Minister for Economic Affairs and Climate Action
Born: July 16, 1973, Luckenwalde
Party: Christian Democratic Union
Education: University of Potsdam, University of Turku, Clarkson University
Previous offices: member of the German Bundestag, Parliamentary Secretary in Germany

Last updated Nov 11, 2026

Stories

Germany awards first gas backup power contracts under coal-exit plan

Built World

Issued a regulation on Nov. 10 narrowing which coal-to-gas conversions qualify for support, and drew criticism from two state premiers over the auction design

Germany's network regulator opened a second auction for gas-fired backup capacity on Nov. 10, offering 3,840 megawatts with bids due Dec. 29. The round is smaller than the 4.5 gigawatts once planned because the first tender awarded more capacity than intended.

Updated 23 minutes ago

German inflation hits nearly three-year high as energy prices surge

Money Moves

Ordered increased gas purchases for storage

German inflation was confirmed at 2.8% in October, down from 3.3% in September, the Federal Statistical Office said on November 11. The drop came mostly from a fuel tax cut that took effect October 1, though energy prices still rose 12.2% from a year earlier.

Updated 12 hours ago

Germany enters winter with gas storage below its target

Built World

In office; ordered additional storage purchases in September

Germany's gas stores were 61.2% full on 30 October, short of the 80% the country aims to hold by 1 November. The economy ministry confirmed the miss as a cold snap set in, and the storage industry association said filling rules need to be tougher.

Updated Nov 3

Germany adopts roadmap to phase out fossil fuels by 2045

Rule Changes

As of September 2026: Advocating a gas-bridge strategy alongside the phase-out

Germany's cabinet approved a roadmap on September 23 that commits the country to ending fossil fuel use entirely by 2045. Earlier targets only promised carbon neutrality; the new plan explicitly pledges to "transition away" from coal, oil, and gas, presented on the sidelines of the UN General Assembly in New York.

Updated Sep 23