Sheer panic.

Ministry denies Germany set to declare Phase 2 of emergency gas plan.
This economic minister belongs to a political party (the Greens) that won’t even consider the possibility – under Germany’s present catastrophic, self-inflicted energy situation – of extending the lives of Germany’s three remaining nuclear power plants past the end of this year. Thank goodness this has nothing to do with ideology and ideologues. He’s just from the government and he’s here to help.
Germany declared the first phase of the emergency plan on March 30, calling for crisis team meetings of energy suppliers, operators and government authorities to assess the energy security situation for Europe’s biggest economy.
In the second alert phase, the market would still be expected to handle the disruption without government market intervention.