Europe's Soaring Gas Bill Is Sending Utilities Back To Coal
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61 Articles
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.
Stocks could fall well below 30% by the end of the winter, fears the organisation of gas operators in Europe (ENTSOG).
Europe is beginning another heating season with record low gas reserves – currently only 72 per cent of the European Union's storage capacity is filled, which has become the minimum for this time of the year for the entire history of observations; for example, between 2021 and 2025, the average was about 88 per cent.
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