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@ThTrouve @FrancegazFR Presenting on behalf of @GIEBrussels and our French members 🇫🇷
@GRTgaz - @Teregacontact
@Storengy - @Elengy
@DunkerqueLNG
As natural gas demand decreased by 8% y to y in the OECD, #TimGould put the attention to the evolution of Chinese gas demand 📈 and its impact on #LNG markets and wholesale #prices, especially as Europe is going to be more and more exposed to spot prices.
@wavestoneFR @Energy4Europe @MWorsdorfer @csikow @AdinaRevol Last year the EU understood the importance and value of the underground gas #storage while 5 years ago the assets were seen by many as stranded assets, said @TorbenBrabo.
Storage have never been fulfill at this level so early.
Underground gas storage is the first flexibility provider in Europe’s energy system today, creating market value, optimising gas and electricity system costs and ensuring the security of supply in case of unexpected supply-demand imbalances.
Tomorrow, as Europe transitions to a climate-neutral future, it will be the driving force for the integration of renewable and low-carbon energy into the energy mix
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