Critical analysis: vbw-study "Folgen einer Lieferunterbrechung von russischem Gas für die deutsche Industrie" (June 2022)

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Media coverage of this study:


Our analysis of VBW study [1]:

  • Our main critique is that the gas gap is calculated as too big, as in Table 5, depicted in the image.
    • There is an underestimation of imports, which suddenly decrease in April/May
    • The conversion of electricity is ignored
    • No energy savings are assumed, whereas energy savings already happen
  1. vbw (2022), Konsequenzen eines Importstopps von russischem Erdgas, retrieved 28 June 2022