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German regulators say that Germany may face a power shortage in 2030.

The Federal Network Agency of Germany warned on Wednesday that rare electricity shortages could happen as early as 2030, if Germany's energy transformation stalls. However, supply is expected to be secure until 2035.

The Security of Supply Report approved by the Federal Cabinet on Wednesday highlights the risks if renewable expansion slows, new gas-fired plants do not materialize and electricity demand does not become sufficiently flexible.

The report emphasizes the importance of flexible power consumption by new users, such as electric cars and grid expansion.

In the worst case scenario, delays with the deployment of renewables, grid extension and demand flexibility may push the requirement for new gas capacity up to 36 gigawatts.

Reserves would cover any shortages that may occur, preventing blackouts and forced shutdowns.

Berlin is negotiating with the European Commission about tenders for gas power plants of up to 20 gigawatts. A first auction should be held by year's end, and this comes ahead of an eagerly anticipated government review on energy demand and plans for transition. (Reporting and editing by Riham Alkousaa)

(source: Reuters)