
The European Commission Thursday released a Stress Test Report on the resilience of the European gas system.
The report says that more gas will continue to be delivered to homes and companies, if EU Member States cooperate and allow the market forces to work as long as possible. Government intervention should be carefully prepared on a regional basis and only kick in, if needed. The report includes concrete short-term recommendations for the most vulnerable EU Member States and neighbouring countries.
EU Commissioner for energy, Gunther Oettinger told a news conference that "this report shows that we are not waiting but do everything we can do to be prepared. For the very first time, we have a complete picture of the risks and possible solutions." " If we work together, show solidarity and implement the recommendations of this report, no household in the EU has to be left out in the cold this winter," he said.
The Russian-Ukrainian gas dispute puts the gas supplies to the EU once more at risk, as in 2009. With the winter approaching, the Commission wanted to have a clear picture of where the biggest shortfalls would arise and how they could be mitigated.
It analyses different scenarios, in particular a complete halt of Russian gas imports into the EU for a period of six months.
Today, the EU imports 53% of the energy it consumes. Energy dependence relates to crude oil (almost 90%), to natural gas (66%), and to a lesser extent to solid fuels (42%) as well as nuclear fuel (40%). Around half of the EU's primary energy consumption (48%) is used for space and water heating.
GMT 14:36 2018 Sunday ,14 January
Fossil fuels blown away by wind in cost terms: studyGMT 18:20 2018 Thursday ,11 January
Ukraine to launch its first solar plant at ChernobylGMT 18:44 2018 Tuesday ,09 January
Finland's Fortum snaps up EON's fossil fuels stakeGMT 17:39 2018 Wednesday ,03 January
Norway powers ahead electrically with over half of new car sales now electric or hybridGMT 15:36 2018 Wednesday ,03 January
Minister of Mining Says Govt. Invested MAD 12.3 Billion between 2003-2017GMT 18:00 2017 Saturday ,23 December
Energy prices bump key US inflation index up in NovemberGMT 09:01 2017 Friday ,15 December
BP plan to buy Australian petrol pump network blockedGMT 14:54 2017 Monday ,27 November
Belarus nuclear power plant stirs fears in Lithuania
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor