The EU Council approved a plan to reduce gas demand by 15% this winter

The EU Council approved a plan to reduce gas demand by 15% this winter

About this reported the press service of the European institution.

This decision was taken in order to prepare for possible disruptions in the supply of gas from Russia, which constantly uses energy carriers as a weapon.

EU member states agreed to reduce their gas demand by 15% compared to the average consumption over the past five years between August 1, 2022 and March 31, 2023. Measures to reduce demand will be chosen at their own discretion.

At the same time, the Council of the EU established exceptions and the possibility of applying a partial or full deviation from the objective of the mandatory reduction of gas demand in order to meet the specific situations of the member states and to guarantee that the reduction is effective.

The Council will also be able to initiate a “Union alarm”. The Commission must present a proposal to trigger a “Union alert” in the event of a significant risk of serious gas shortages or unusually high gas demand, or if five or more Member States have declared an alert at national level.

Possible cost-saving measures include reducing gas consumption in electricity, measures to encourage industry to switch to other fuels, national awareness campaigns, targeted commitments to reduce heating and cooling, and market measures such as auctioning between companies.

The resolution was officially adopted by written procedure and will be published in the official journal and will enter into force the following day (August 6).

  • As of August 2, Germany’s gas storage facilities were 69% full. By September, they plan to raise the indicator to 75%
  • On August 4, we reported that Poland and Great Britain had 100% filled their gas storages on the eve of winter.
  • Europe expects to achieve sufficient filling of gas storages before the start of the heating season, but the price of replenishment is expected to be 10 times higher than the norm.
  • After stopping the supply to most European countries, Gazprom began to burn gas on an industrial scale, the children of which have nowhere to go.

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