News

EU Nations Weigh New Tools to Make Gas Storage More Flexible

Bloomberg · last updated

European Union nations are considering empowering the bloc’s regulatory arm to allow more flexible gas storage goals if prices of the fuel surge due to speculation or market manipulation.

Proposed changes to the bloc’s storage regulation include a provision mandating the European Commission to increase an already planned 5 percentage-point deviation from the 90% storage target. Such a move could be made for one filling season “in case of persistent unfavorable market conditions,” according to the proposal drafted by Poland, which was seen by Bloomberg News and shared with other EU countries late Friday.

View full article

here today, more tomorrow

We’ve launched briefing.center with a focus on the press and media.

And we’ve added Citizen Cartwright, a daily quick-read news summary by veteran Washington journalist Linda Cartwright. We’ve also created a new voting rights knowledge center for Citizen Cartwright subscribers. (You can sign up for a dedicated morning email at citizencartwright.com.)

You can sign up here for full access to press and media and Citizen Cartwright on briefing.center.

You can use briefing.center as the center of your information management, or just one of your tools. We’re happy to discuss your information needs.

Sign up