Monday, September 26 2022 Sign In   |    Register

News Quick Search



Front Page
Power News
Gas News
Today's News
Yesterday's News
Week of Sep 26
Week of Sep 19
Week of Sep 12
Week of Sep 05
Week of Aug 29
By Topic
By News Partner
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Gas News > News Article

    Share by Email E-mail Printer Friendly Print

    EU plan to cut gas use by 15% comes into effect

    August 8, 2022 - AFP World News


      An EU plan to cut gas consumption across the bloc by 15 percent to cope with an energy price crisis spurred by Russia's war in Ukraine comes into effect on Tuesday.

      The EU regulation enshrining the plan agreed two weeks ago by the 27-nation bloc was published Monday in the European Union's official administrative gazette, with the stipulation it would take force from Tuesday.

      "Considering the imminent danger to the security of gas supply brought about by the Russian military aggression against Ukraine, this regulation should enter into force as a matter of urgency," it said.

      The aim is for the EU to be able to bolster its reserves of gas in time for what is likely to be a very tough winter. European households and businesses are being squeezed by skyrocketing energy prices and reduced Russian gas that several member states are dependent on.

      The regulation said that EU countries "shall use their best efforts" to cut gas consumption by "at least 15 percent" between August this year and March next year, based on how much they used on average over the previous five years.

      Some EU countries, though, had carve-outs from strictly following the rule, which was in any case termed a "voluntary demand reduction".

      These were countries not fully connected to the European electricity grid or with gas pipelines to other parts of the EU or unable to free up enough pipeline gas to help other member states.

      Hungary, which relies on gas piped in directly from Russia, had demanded the exception.

      Germany, the EU's economic powerhouse, took a major share of the 40 percent of EU gas imports that came from Russia last year.

      Should the European Commission see a "severe gas supply shortage" or exceptionally high gas demand emerging, it can ask EU countries to declare an alert for the bloc. That would make gas cuts binding and limit exceptions.

      While the EU has not included Russian gas in its sanctions on Moscow for the war in Ukraine, the Kremlin has drastically cut supplies anyway in what Brussels seems as an attempt to strongarm Europe.



    Other Articles - International


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.