Europe has decided to gradually give up gas

Europe has decided to gradually give up gas

Europe has decided to gradually phase out gas

EU countries have approved a plan to reduce demand this winter on gas by 15% to save, writes UNN with reference to the communique of the EU Council.

“In order to increase the security of the EU energy supply, today the EU Council decided to voluntarily reduce demand for natural gas by 15% this winter. The decision provides for the possibility for the Council of the EU to initiate a “Warning of the Union” regarding the security of supply, in which case the reduction in demand for gas will become mandatory,” the message says.

The goal of reducing demand for gas — savings for this winter to prepare for possible disruptions in the supply of gas from Russia, which constantly uses energy as a weapon, the EU Council indicated.

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, with measures of your choice.

While all Member States will make every effort to comply with the reductions, the Council of the EU, as indicated, has identified some exceptions and the possibility of applying partial or, in some cases, complete derogation from the goal of mandatory reduction, in order to respond to the specific situations of Member States and ensure that gas cuts are effective in improving security of supply in the EU.

The Council of the EU has agreed that Member States not connected to the gas networks of other Member States are exempt from mandatory gas cuts as they will not be able to release significant amounts of gas to other Member States. Member States whose electricity networks are out of sync with the European electricity system and are more dependent on gas for electricity generation will also be exempted in the event of desynchronization with a third country network in order to avoid the risk of an electricity crisis.

There are also a number of others exceptions.

When choosing measures to reduce demand, Member States agreed that they should consider measures that do not affect protected customers such as households and essential services for the functioning of society, such as critical facilities, healthcare and defence. Possible measures include reducing gas consumption in the electricity sector, measures to encourage fuel switching in industry, national awareness campaigns, targeted commitments to reduce heating and cooling costs, and market events such as auctions between companies.

"The decision was officially made by a written procedure. The adoption follows a political agreement reached by ministers at an emergency energy council on 26 July. The decision will now be published in the Official Journal and will enter into force the next day,” the Council of the EU noted.

The decision is an exceptional and extraordinary measure provided for a limited period. It will apply for one year and the Commission will review it to consider extending it in the light of the overall EU gas supply situation until May 2023.

Prepared by: Nina Petrovich