About: gas storage
EU clinches deal on mandatory gas storage for next winter
European Union negotiators on Thursday (19 May) agreed on mandatory gas storage obligations for EU countries, aiming for the the bloc's storages to be at least 85% full by 1 November 2022.
Cost of gas storage refill will be evenly spread, EU assures
Austria, the Netherlands and Hungary have flagged concerns about EU plans to ensure the bloc’s gas storage is at least 80% full by 1 November, warning they would bear a disproportionate amount of the cost.
LEAK: EU to mandate 90% gas storage refill for coming winters
The European Commission is expected to table proposals on Wednesday (23 March) obliging EU countries to fill up their gas stores at least 80% next winter and 90% in the following years, as well as introducing a new certification scheme to prevent manipulation of gas storage by foreign operators.
EU summit draft backs urgent refilling of gas stores for next winter
European Union countries should immediately start refilling their gas stores to prepare for next winter and provide a buffer against supply shocks, EU country leaders will say at a summit next week.
EU will consider making countries fill gas storage – energy chief
The European Union will consider whether to require member states to fill their natural gas storage to prescribed levels, a senior official said as the bloc seeks energy security amid fears of a conflict in Ukraine involving major supplier Russia.
Hoping for cheaper gas to come, Europe reverses Russian link to tap storage
Gas traders are relying on stockpiles to supply European buyers and avoid paying near record-high prices, industry sources and market analysts said, explaining the unusual reverse in direction of flows through a major Russian pipeline.
Explainer: Can joint gas buying tackle Europe’s high prices?
The European Union is expected to propose a system this week to allow countries to jointly buy strategic stocks of gas, a measure drawn up in response to soaring energy prices. Benchmark wholesale European gas prices rose by more than...
Explainer: Could a ‘strategic reserve’ ease Europe’s gas crisis?
European governments are scrambling for solutions to protect households from higher energy bills, as gas and electricity costs hit record highs across the continent ahead of the winter heating season.
Ukraine’s potential to supply the EU with hydrogen
Recent developments point at the important role Ukraine can play in the long term: that of a major supplier for the EU of environmentally friendly energy – particularly hydrogen, writes Dr Frank Umbach.
Spain approves hydrogen strategy to spur low-carbon economy
Spain approved on Tuesday (6 October) a plan to boost clean hydrogen production, aiming to build enough infrastructure to give it a major role in Europe's market for a fuel seen as key to meeting international carbon emissions targets.
Four energy storage projects that could transform Europe
A demonstration plant in Germany that converts wind electricity into hydrogen is probably the most emblematic of a series of pilot projects that could radically transform Europe’s energy landscape in the coming decade.
Academic: Gas storage has ‘big potential’ in Europe’s low-carbon future
Boasting 1,200 terawatt hours (TWh) of existing capacity, gas storage sites can be a formidable asset for Europe in the transition to a low-carbon economy, providing much-needed flexibility to a future energy system where gas and electricity will be more closely integrated, says Ilaria Conti.
Gas storage in the energy transition
The main value of gas storage has traditionally focused on security of supply, ensuring people can continue heating their homes in the event of a cold spell or a sudden supply cut. That is due to change in the coming years as energy companies compete for new "flexibility" services in a hybrid energy system combining gas and electricity.
The evolving role of gas storage in Europe
Departing from its usual supply security role, gas storage is vying for a central position in Europe’s vision of a hybrid energy system combining renewable electricity and low-carbon gases like hydrogen. But getting there won’t be a smooth run and regulators are watching closely.
Gas network chief: ‘By 2050, we assume CO2 emissions from energy will be zero’
Europe’s electricity and gas operators are currently working on a joint network plan based on a carbon budget which includes zero-emission scenarios for 2050. “And that automatically means there will be no fossil gas in the mix by then,” Jan Ingwersen told EURACTIV in an interview.
Gas market liberalisation: An unsung EU success story?
The liberalisation of European gas markets is widely recognised as a major success by industry analysts. But EU politicians are reluctant to celebrate it because liberalisation on its own has failed to deliver on another key objective – supply diversification. Ironically, Europe is now more dependent on Russian gas than ever.
Britain’s gas: Let’s focus on efficiency, not fracking
The closure of the UK’s largest gas storage facility along with disruption to Liquefied Natural Gas (LNG) supplies this month puts UK energy at a crossroads, writes Joseph Dutton. Rather than focus on imports or fracking, Britain should pay more attention to decreasing demand and renewable energy, he argues.