Gas storage
Europe’s energy challenges are not yet over, warns Fatih Birol
The Islandmagee facility is predicted to provide a quarter of the UK’s gas storage capacity
Europe has utilised almost all of its short-term energy efficiency possibilities, leaving it susceptible to a “considerable” risk of further reduction in Russian piped gas, according to a report
The European Commission has launched the AggregateEU mechanism, allowing European companies to register their gas purchase needs
Russia’s Gazprom has issued a warning about winter gas supplies
The government is reportedly working to support the installation of floating gas terminals off the coast of Britain to increase energy security and avoid future energy crises
The EU member states maintain the option to trigger mandatory reductions if there are concerns over the security of supply
The EU has proposed extending emergency legislation to reduce gas demand by 15% for another 12 months
Analysts predict that European gas reservoirs could be 88-100% full by September
That’s because the country has just 5% of Germany’s gas infrastructure, new analysis has found