EU countries want to extend the rule for full gas storage

What’s behind the slow down in European gas demand?

European gas demand rose last week, especially across Eastern Europe, but it remained below seasonal average values, as it has now for almost a month. In fact, as markets continue processing the impact of US tariffs on global energy demand, the expectation of lower demand in Asia has not been the only factor impacting the outlook for gas markets. For about a month now the projected shortfall in gas supply needed to refill storage targets by the …

Dunkelflaute burned through the gas The winter, at least formally, turned out to be colder than the two previous wartime ones. Winter gas consumption turned out to be higher. The storage situation was further worsened by the exceptionally numerous and long periods of dunkelflaute, during which wind turbines stood idle. At such times, gas consumption in Europe increases, because wind turbines are replaced by gas power plants, in Poland to a lesse…

EU countries want to extend the rule for full gas storage

Brussels (dpa) – The EU countries want to maintain the obligation to fill their gas storage facilities until the end of 2027. Specifically, it is about keeping a regulation in place that requires the storage facilities to be at least 90 percent full at a certain point in time by the end of 2027, the countries announced. In the case of “unfavorable market conditions,” such as market manipulations, member states should be allowed to deviate from t…

11:58 Now that European gas stocks are at their lowest levels since spring 2022, it will be a big challenge to replenish them on time. This is crucial so as not to run into trouble next winter...

Background compares the respective mandates of the Member States and the European Parliament in advance of the trialogue negotiations which will begin on 13 May. The objective is to extend the regulation on filling gas stocks in European countries by two years.