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Page added on July 23, 2022
Europe Must Cut Gas Usage 20% To Survive Winter
After calling on all member states to reduce gas consumption by 15% in the face of the threat of a complete Russian gas cutoff, the IEA says the European Union will need to cut even more in order to get through the winter.
“Even if there is no single accident… #Europe still needs to reduce its gas consumption about 20% compared to today in order to have safe and normal winter months,” IEA chief Fatih Birol said, issuing what he called a “red alert” for energy markets.
The short-term issue with the Nord Stream 1 pipeline may have been resolved, Birol told CNN, but “it’s too early to be happy about this”.
The amount Europe is receiving now from Russia is only about one-third of what it was receiving prior to the force majeure, and the IEA chief warned that even that reduced flow “can be cut anytime”.
After a 10-day pause for regular maintenance, Russian gas flows via Nord Stream resumed on Thursday morning, with orders for gas set at around 40% of Nord Stream’s capacity, the level from before the maintenance after Russia slashed flows in mid-June. Flows early on Thursday were at around 21.5 GWh, compared to 30GWh prior to the start of maintenance on July 11th, and compared to 70 GWh before Russia reduced supplies by 60% on June 13th.
On Wednesday, the European Commission unveiled measures for the bloc to conserve gas to pre-empt a Russian cutoff, asking member states to reduce consumption by 15% until next spring.
According to Birol, this won’t be enough to ensure a smooth winter for Europe, and there is no alternative to consumption reductions.
Even assuming that the current Russian gas flow is maintained, and considering all the LNG Europe is getting from the United States and elsewhere, plus other natural gas sources, and even if there are no accidents that hamper supply, Europe still needs to reduce more, starting now, Birol said.
There is not enough gas around the world for Europe to rely on, the IAE chief said, and there is no choice but to reduce consumption to avoid shortages and rationing this winter. If the bloc waits, and fails to adopt a coordinated method, once we get into the winter months, the measures will be “more drastic”.
Birol is calling on Europe to develop an emergency plan, noting that Germany is the most vulnerable, followed by Italy and some Eastern European countries.
By Charles Kennedy for Oilprice.com
6 Comments on "Europe Must Cut Gas Usage 20% To Survive Winter"
Cloggie on Sat, 23rd Jul 2022 12:12 pm
“Europe Must Cut Gas Usage 20% To Survive Winter”
Either that, OR the Netherlands is going to be as stinking rich as Norway:
https://deepresource.wordpress.com/2022/07/22/eu-gas-shortages-holland-coming-to-the-rescue/
“EU Gas Shortages – Holland Coming to the Rescue?”
Biden's hairplug on Sat, 23rd Jul 2022 12:59 pm
Even the far-left Guardian has noticed that something is brewing in the (not so) United States:
https://www.theguardian.com/us-news/2022/jul/23/california-shasta-county-far-right-extremists-politics-pandemic
“Inside the remote California county where the far right took over: ‘Civility went out the window’”
CW2 at micro-level.
We Europeans only have to observe our resident canary in the coal mine, Donkey Idaho, who is totally obsessed with anything related to the Reps en Trump.
makati1 on Sun, 24th Jul 2022 5:57 pm
Cloggie, keep pushing the few positives of your tiny country. Energy is not important if you are starving. Your stupid government wants to make you a food import country, from a world with little food to export.
Gawd! The West is so stupid and arrogant! “The Great Reset” is actually working there.
Biden's hairplug on Mon, 25th Jul 2022 1:42 am
“Your stupid government wants to make you a food import country, from a world with little food to export.”
I’m not a fan of our government, but here they are absolutely right. It is insane that about the smallest country in the world should be the 2nd agricultural exporter, closely behind the US. Nobody is going to starve in the Netherlands, if the livestock is going to be slashed in half. The #1 health problem of the world is too much food, not too little:
https://www.dw.com/en/obesity-in-africa-a-looming-health-catastrophe/a-49920972
There are 17m Dutch citizens, but these cows and pigs sh*t and p*ss worth of 120m people, on a country the size of Maryland.
But what do Americans like makati know. If they don’t have a daily burger of 250 grams to sustain their BMI30, they think they are going to “starve”.lol
And all of a sudden right-wing loons like Trump and general Flynn and vague Canadians show up, to “show their support for Dutch farmers”, not having a clue what it is really about, but they don’t want to miss the opportunity to beat the “freedom” drum and talk themselves into WW2-rage, as they can’t wait to throw bombs on those who threaten freedum , freeheeheeedum.
Tif on Thu, 5th Jan 2023 8:26 pm
I will try to suggest purely from experience that now you can find Daimler wooden toboggan sled here without any problems and buy at a very low cost. I myself have bought here and now I have a really strong and decent sled. I myself did not expect to find exactly these, so if interested too can look here and read them in detail. I really like them and I try to go sledding as soon as possible and time.
i appoint supertard suxs supertard this is his 2nd supertard appointment his title is _the lover_ of supremacist muzzies if 2023 is gona be a good year we need to amputate elite whitey supertard thunderf00t when the convid started in mar 2020 on Thu, 5th Jan 2023 8:39 pm
this supertard went on self imposed quarantine
back then i immeidately said it smellz and demanded immediate ampuation according to muzzie sharia
ask urself if somonee speaks high british enlish does he love supremacist muzies of cousse he does
plese speak low english
supertards please change ur undies after 1 week
supertards please feel at ease we’re lovers of supremacist muzies