EU States Approve Plan to Reduce Gas Demand by 15%

EU States Approve Plan to Reduce Gas Demand by 15%
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Saturday 6 August 2022 - 13:50

EU states have approved a plan for a voluntary reduction in demand for gas with the possibility of introducing a mandatory reduction in demand by 15% in the coming months, the Council of the EU said in a statement.

“To increase the EU’s security of energy supply, the Council today adopted a regulation on a voluntary reduction of natural gas demand by 15% this winter. The regulation foresees the possibility for the Council to trigger a ‘Union alert’ on security of supply, in which case the gas demand reduction would become mandatory,” it says.

On July 20, the European Commission proposed a regulation to reduce demand for gas in the European Union, which was agreed on July 26 by EU energy ministers with a number of amendments.

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