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Gas storage facilities: Commission wants to allow subsidies

In the fight against high gas prices, the EU Commission is backing a subsidy and demand strategy. Member states and operators are to be obliged to achieve a minimum gas storage level by September 30 of each year. However, in the draft communication on energy prices, the authority also points the way to financial incentives. States are also to double biogas production by 2030.
By
Manuel Berkel
Image of Manuel Berkel

In the gas crisis, the EU Commission does not raise hope that the situation will ease soon. “Gas and electricity prices will remain high and volatile until at least 2023,” the authority writes in a draft communication on energy prices obtained by Europe.Table. Commission Vice President Frans Timmermans plans to present the final version of the 30-page paper on March 2. The draft suggests that additional financial resources from state budgets or consumers may be needed for greater security of supply.

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