“If suddenly the heating bill goes up by a couple of hundred euros, then this is an amount that many people really cannot cope with.

This is a social explosive,” Scholz said in an interview with ARD.

He promised government support to gas suppliers and consumers amid rising gas prices.

Earlier, Vice Chancellor of Germany, Minister of Economy and Climate Protection Robert Habek said that Germany could face rolling power outages in the operation of utility energy enterprises due to a shortage of gas.