Gearing up for gas emergencies

Published: 17 July 2009 y., Friday

Dujotiekis
In most parts of the EU, a continuous power supply to our homes is taken for granted. So there was general alarm when lights went out and radiators went cold in several central and eastern European countries in January 2009. The shortage was caused by a disruption of Russian gas deliveries to the EU via Ukraine, following a contractual dispute between Russia and Ukraine over debts and prices.

One quarter of all energy used in the EU – including 20% of electricity – is generated from gas, 60% of which is imported. Some countries, such as Bulgaria, import all their gas, making them particularly vulnerable to interruptions in supplies.

The European commission is seeking to bolster the EU’s capacity to deal with gas shortages. A new proposal calls for more transparent investment in energy infrastructure, so the EU can see whether planned projects will be able to cope with future demand.

In addition, each country would have to designate an authority responsible for monitoring gas-supply developments, assessing risks and organising preventive action and emergency plans. When necessary, the agency would call for extra gas to be stockpiled, to reduce the risk of blackouts.

The proposal calls on all EU countries to work together if there is a serious disruption of supplies from outside the EU. Pipelines could be operated in reverse-flow to re-route gas to where it is most needed, and more connections between national energy grids would prevent individual countries from being isolated. The necessary investments will be made in the context of the European economic recovery plan.

The EU is also diversifying its gas suppliers. The EU recently signed an agreement on the construction of the Nabucco pipeline, which will supply the union with gas from central Asia via Turkey.

 

Šaltinis: ec.europa.eu
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Statement at the Conclusion of an IMF Staff Mission to Chad

The mission held constructive discussions with Prime Minister Emmanuel Nadingar, Finance Minister Gata Ngoulou, Infrastructure Minister Adoum Younousmi, and other senior officials. more »

EBRD helps improve quality of electricity supply in South Caucasus

The EBRD is helping to improve the quality of power supply and stimulate renewable sources of energy in the Caucasus with an €80 million sovereign loan to Georgia for the construction of a new high voltage transmission line - the Black Sea High Voltage line, which will interconnect Georgia and Turkey. more »

New railway bypass in Tbilisi

The EBRD is helping to improve the infrastructure of the Georgian capital, Tbilisi, with a €100 million loan for the construction of a new railway route bypassing the city. more »

"Notre Europe" chair Tommaso Padoa-Schioppa on the euro

One of the men considered to be the founding fathers of the euro currency met MEPs on the Foreign Affairs Committee Tuesday (16 March) to talk about transatlantic relations. more »

Commission consults stakeholders over trade policy towards developing countries

European Trade Commissioner Karel De Gucht today opened a conference focused on the European Union's trade policy towards developing countries. more »

Results Profile: Mexico Finance

At the beginning of the 2000s, state ownership in financial intermediation in Mexico accounted for about 20 percent of the total credit of the banking system, provided through development financial institutions and funds. more »

European Enterprise Awards 2010 – 12 nominees shortlisted

Halving the number of business failures by offering individual support, doubling the number of young people who want to start their own business or raising by 500% the number of enterprising new cooperatives are just some of the projects nominated for the European Enterprise Awards 2010. more »

Companies are invited to apply for Marco Polo funding to fight road congestion and make freight transport greener

The European Commission has published the fourth call for proposals for the creation and upgrade of freight transport services under the second Marco Polo programme. more »

15 March 2010 - ECB announces EU-funded cooperation programme with the Central Bank of Bosnia and Herzegovina

The European Central Bank (ECB) today announced a programme of technical cooperation with the Central Bank of Bosnia and Herzegovina, in collaboration with a number of euro area national central banks (NCBs). more »

Commission pays €1 billion in Balance of Payments support to Romania

The EU disbursed today €1 billion to Romania, the second instalment of a €5 billion loan, which was agreed in May 2009 as part of a multilateral financial assistance package. more »