2022-05-25 10:55:00
EUROPEAN GAS OBLIGATIONS
ENERDATA - 23 May 2022 - An agreement on minimum gas storage obligations has been reached between the European Parliament and EU member states. The new rules are intended to ensure the security of energy supply across the EU for winters to come. Member States will need to reach a minimum 80% gas storage level by 1 November 2022 to protect against potential supply interruptions, notably due to the ongoing war in Ukraine. The target will be raised to a minimum gas storage level of 90% by 1 November 2023.
This agreement comes after concerns about Russian supply security arose in the past months. In April 2022, Germany's energy regulator took over Gazprom Germania due to suspicions over the company's strategy to keep low storage levels of gas before the Russian invasion of Ukraine.
EU Member States consumed approximatively 400 bcm of gas in 2020 (25% of the EU's primary energy consumption), and they possess a combined gas storage capacity of about 105 bcm (as of 2020). Gas is still the dominant source of energy for European households (32%).
-----
Earlier:
2022, May, 23, 13:10:00
EUROPEAN ENERGY PLAN
REPowerEU is about rapidly reducing our dependence on Russian fossil fuels by fast forwarding the clean transition and joining forces to achieve a more resilient energy system and a true Energy Union.
2022, May, 19, 13:50:00
ЭНЕРГЕТИЧЕСКОЕ САМОУБИЙСТВО ЕВРОПЫ
Отказ от российских энергоресурсов означает, что Европа системно, на долгосрочную перспективу становится регионом с самой высокой стоимостью энергоресурсов в мире.
2022, May, 17, 13:20:00
GLOBAL CHAOTIC ENERGY TRANSITION
The energy transition to net zero emissions will likely take longer than planned, and the cost will be much higher than most realize.
2022, May, 16, 12:10:00
EUROPEAN ENERGY STORM
The energy package due this week may include measures to address the increasing household costs and energy poverty.
2022, May, 11, 11:10:00
EUROPEAN GAS PRICES UPDOWN
Russia supplied about 40% of the European Union’s gas demand last year, and about a third of that transited Ukraine, making it a linchpin in the continent’s energy security.
2022, May, 11, 11:05:00
EUROPEAN ENERGY PLAN $205 BLN
The EU wants to combine faster deployment of renewables, greater energy savings, diversification of supplies from international partners and new tools to accelerate investment in a bid to replace coal, oil and natural gas from Russia following the country’s invasion of Ukraine.
2022, April, 28, 14:05:00
EUROPE PLAN TO PAY IN RUBLES
Gas distributors in Germany, Austria, Hungary and Slovakia are planning to open rouble accounts at Gazprombank in Switzerland in order to satisfy a Russian requirement for payments in its own currency
