Europe's Soaring Gas Bill Is Sending Utilities Back To Coal
EU gas operators warn a severe cold snap could cut supply by up to 15% and force energy-intensive factories to reduce output.
67 Articles
67 Articles
The European Union can meet its winter gas demand, even though underground storage stocks are at historically low levels, the European Network of Transmission System Operators for Gas (ENTSOG) warned in its winter assessment. As of October 1, EU gas storage was 72 percent full on average. ENTSOG described the level as “historically low” and called for continued gas injection and close monitoring of stocks throughout the winter season. “Maintaini…
Despite the levels of gas storage "be lower than historical levels," the EU gas system "is flexible enough to meet demand this winter and EU infrastructure is able to handle more imports of... (ANSA)
The Association of European Gas Transport Network Operators announced today Thursday that the European Union has the capacity to meet gas demand over the coming winter, although storage levels have reached historically low levels.
EU okay for winter despite 'historically low' gas stocks: operators
"Europe is entering the winter with historically low storage levels while observing higher and more volatile global gas prices" as the Middle East war disrupts energy supplies, the association said in its winter outlook. "EU underground gas storage facilities were 72 percent filled as of 1 October" after a "challenging" season, it said. The bloc normally targets having gas stocks 90 percent full by the start of winter, but it has granted flexibi…
The European Union can cover the need for natural gas during the winter, but the low level of reserves requires careful monitoring, warns ENTSOG, the organisation of European gas transmission network operators. If liquefied natural gas supplies remain limited, stocks could fall well below the 30% threshold by the end of the cold season.
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