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

Equal pay for women - not yet

Women in the EU earn on average 18% less than men - a gap that has scarcely narrowed over the last 15 years and in some countries has even grown. more »

EU's biggest-ever energy package

43 gas and electricity projects to split €2.3bn, the most the EU has ever spent on energy infrastructure in a single package. more »

Georgia to gradually integrate into the European common aviation market

Georgia and the European Union have initialled a comprehensive air services agreement at a meeting in Tbilisi, Georgia, today which will open up and integrate the respective markets, strengthen cooperation and offer new opportunities for consumers and operators. more »

Mobility Programme for Business and Industry calls for applications

In order to vitalize and strengthen cooperation of business stakeholders in the region, the Nordic and Baltic countries continue running joint mobility programme. more »

EBRD and Société Générale support economies in Serbia

The EBRD is boosting the availability of financing to the real economy sector in Serbia, with a €20 million credit line to Société Générale Serbia for on-lending to small and medium enterprises. more »

Armenia’s Ameriabank receives EBRD financing

The EBRD is supporting the development of the private sector in Armenia and increases further the availability of financing in the real economy sector with a $10 million loan to Ameriabank for on lending to local companies under its Medium Sized Co-financing Facility (MCFF). more »

EBRD funds modernisation of roads in Albania

The EBRD is supporting the modernisation and improvement of transport infrastructure in Albania with a €50 million sovereign loan to finance the rehabilitation of regional and local roads in the country. more »

Latvia: Social Investment Fund III Project Second Additional Financing

Given the deep impact Latvia has suffered in the wake of the global crisis, and due to the emergency nature of this program, the first operation will focus mainly on the first and second objectives. more »

IMF Managing Director Dominique Strauss-Kahn to Visit Africa to Deepen Dialogue on the Continent’s Economic Challenges

Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), will visit Africa March 7-11, to discuss opportunities and challenges facing African economies in the wake of the global crisis. more »

2011 budget: focus on youth and economic recovery

Without enough money, the EU 2020 strategy risks turning into "another vague scoreboard for the Member States", the EP Budgets Committee warned on Thursday when adopting its priorities for the 2011 budget. more »