The European Commission said countries should extend, from April until March 2024, a voluntary target to curb their gas demand by 15% versus their 2017-2022 average consumption
The European Commission on Monday proposed extending for a year an emergency measure to curb gas demand that is set to expire in order to help the continent get through next winter.
Europe is emerging from winter with a more stable energy supply than was feared last year, after Russia cut off most gas supplies in the months following its invasion of Ukraine – squeezing supply and triggering record-high prices. EU countries slashed their combined gas use by 19 per cent from August to January 2023 helped by an unusually warm winter.
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