Europe focuses on storage to alleviate energy crisis

 Europe’s energy efficiency plan to combat the bloc’s energy crisis and secure sufficient gas supplies ahead of the winter cannot exclude gas flow from Russia in order to fill up gas storage.

Natural gas storage has become an important tool in alleviating the energy crisis, which has escalated since the start of the war between Ukraine and Russia.

Storage facilities, which are filled in the summer months when prices are relatively low, are used in the winter when demand is high. They play a role in not only the security of supply but in offering flexibility to the European gas system.

The EU’s current gas storage capacity has reached approximately 100 billion cubic meters. The continent purchases on average 155 billion cubic meters of natural gas from Russia but consumes more than 400 billion cubic meters of gas in total.

Source: Anadolu Agency