EU greenlights gas storage regulation talks under Polish presidency

The European Council has given the go-ahead for negotiations with the European Parliament on a new gas storage regulation, extending current rules by two years.

Illustrative photo(Patrick Federi/Unsplash.com/CC0)

The updated regulation keeps the binding 90% storage target while allowing greater flexibility to respond to market conditions and potential manipulations.

This extension is designed to bolster energy security within the EU, particularly amid ongoing geopolitical tensions.

Notable changes include more leeway for member states to meet targets and a provision allowing deviations of up to 10% from the 90% target under unfavorable market conditions.

Negotiations are scheduled to begin in May, with a provisional agreement expected later this year.

(m p)

Source: X/@POLAND25EU/consilium.europa.eu

Radio Poland