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European Union2024-02-27en

Proposal for a COUNCIL RECOMMENDATION on continuing coordinated demand-reduction measures for gas

Summary

The European Union is addressing persistent challenges to its energy security due to Russia's deliberate disruption of gas supplies and ongoing geopolitical risks, which have led to high price volatility and supply uncertainties for the upcoming winters. The proposed approach is a Council Recommendation for Member States to voluntarily continue reducing gas demand by 15% to maintain security of supply, ensure sufficient storage levels, and stabilize energy markets. This initiative is currently in the planning stage, as it is a proposal for a Council Recommendation.

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