Time is running out, but the procrastination of Europeans in decision-making holds good – The potential gap is estimated to reach 30 billion cubic meters
The inability of the 27 leaders of the European Union to reach a common set of decisions and actions to deal with the energy crisis and precision has caused irritation to citizens and concern to international organizations.
Her goal Commission is to ensure the sufficiency of energy reserves for Europe and to decompress prices. However, procrastination in decision-making and unresolved disagreements between partners prompted a reaction from the International Energy Agency, which warned Europe that it is at great risk of running out of natural gas in 2023.
So time seems to be running out, but in Brussels they don’t seem to be… sweating. The estimates of the IEAhowever, they do not justify the… comfort of European leaders in general, and especially of the committees tasked with presenting proposals.
“When we look at the latest trends and possible developments in the global and European natural gas markets, we see that Europe is going to face an even more significant challenge next winter. This is why governments must take immediate action to accelerate energy efficiency improvements and speed up the deployment of renewables and heat pumps – and other steps to structurally reduce gas demand. This is essential for Europe’s energy security, the well-being of its citizens and industries and its clean energy transition,” said IEA Executive Director, Fatih Birol.
Europe could face a supply-demand gap of up to 30 billion cubic meters of natural gas during the summer to replenish gas stocks in 2023, the world’s top energy agency’s analysis published on Thursday said. , if Russia stops all deliveries.
“The gap could account for nearly half the gas needed to fill storage facilities to 95% capacity by the start of the 2023-24 heating season.”the agency added.
The body that provides analysis and policy recommendations on global energy said it was “highly unlikely” that Russia would deliver another 60 billion cubic meters of natural gas in 2023 – the amount it estimates Russia will deliver in 2022 – warning that “Russian deliveries to Europe could be completely stopped.”
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