US EditionGas supply: MEPs advocate storage refill flexibility to bring down prices
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European Parliament Backs Flexible Gas Storage Targets in Bid to Calm Energy Markets
The European Parliament has taken a significant step towards stabilising the continent’s volatile gas market by backing an extension of its emergency storage rules, originally implemented in response to the 2022 energy crisis. In a vote held on Thursday, the Industry, Research and Energy Committee overwhelmingly endorsed the European Commission’s proposal to prolong the gas storage scheme until 31st December 2027, with the aim of ensuring energy…
Gas supply: MEPs advocate storage refill flexibility to bring down prices
(Credit: Unsplash) This article is brought to you in association with the European Parliament. Reduced national filling targets to ease tensions in the gas market Flexibility without compromising energy security Legislative response to the 2022 energy crisis exacerbated by Russia’s invasion of Ukraine and the weaponisation of gas supplies The draft law adopted on Thursday seeks to address speculation on the gas market and bring down prices, …
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elperiodicodelaenergia.comOn Thursday the European Parliament's Committee on Industry, Research and Energy endorsed the European Commission's proposal to extend the EU gas storage plan for two years to 2027, although it calls for a reduction of the current target from 90% to 83%.
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