Record-Low EU Gas Storage Puts Winter Supply Vulnerability Back on the Table
European gas storage is at just 57.2% in mid-August, the lowest level for this point in the year and even below 2021, reviving fears over winter resilience. Utilities, households, and industry now face sharper price and supply risks just as geopolitical pressure on energy routes remains high.
Europe is heading into the critical autumn storage period with a thinner gas cushion than it has had in years, putting households and industry at greater risk if the coming winter turns cold or geopolitics tighten supplies. New data on 15 August show EU gas storage sites only 57.2% full, a record low for this stage of the year and below the levels seen in 2021, when the continent last faced a major gas crunch. Storage fill rates are a key indicator of Europe’s ability to absorb shocks once heating demand spikes. In recent years, accelerated injections during spring and summer have helped offset the steep drop in Russian pipeline…
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