stocks gaz

Gas Shortage: Stocks are 100% Filled, Is Winter Rescue Guaranteed?

On August 3, Energy Transition Minister Agnes Pannier-Runacher was proud to announce that France was able to fill its natural gas stockpile to 80%. Thus, the goal of achieving 100% by November 1, 2022 now appears achievable. But will it be a reliable response to peak winter consumption and the threat of gas shortages?

Storage race started by 27 countries in the European Union

L ‘Russia’s invasion of Ukraine It disrupted the global order and put the European Union on alert on energy issues. The event didn’t just explode The price of gas and electricity. But above all, it raises fears of retaliation from Russia, after the European sanctions imposed. The country is threatening Reduce its gas exports from the fall. Note that Russia exports nearly half of the gas that the European Union consumes.

On July 26, European Union countries agreed to adhere to a protection plan, with the aim of dealing with the possibility of Gas shortage. Target? Reduce gas consumption by 15% between August 2022 and March 2023.

Also, every single country is trying to remake the 27 EU countries gas reserves Exhausted from the winter period. France, of which only 17% of gas supplies come from Russia, is not the country most dependent on the Soviet giant. But it should nevertheless give way to the storage game, so as not to be overshadowed by possible sanctions on the part of Russia.

“We are now in Filling 80% of our gas stock Strategically, we are ahead of our goals, which means we will achieve 100% before November 1, which is our goal.

Agnès Pannier-Runacher, Minister of Energy Transition, at Cnews mic.

Good news for France, which will reach her Maximum natural gas storage capacity. The country can store up to 130 TWh of natural gas, “which is just under a third of its annual gas consumption, which is around 450 TWh,” the Energy Regulatory Commission notes.

Usually, in the fall, the gas stock fill rate is about 85% of capacity. This year, the global context has forced suppliers to boost their reserves to face the upcoming complex winter.

Gas storages do not guarantee winter protection

France is one of the European countries that are doing their best in the matter of filling gas reserves.

In November 2021, France filled its reserves to 94.5% while the European average was 75%. As of August 4, 2022, it is one of the five European Union countries, with the largest gas storage capacity, according to data fromAggregate Gas Storage Inventory (AGSI).

With 11 sites to conserve natural gas reserves, the country benefits from excellent infrastructure to respond to energy crisis. However, this may not be enough to avoid precipitation during the coming winter.

This is what Agnès Pannier-Runacher tried to explain during her announcement of the current energy situation. Even with a large amount of gas, if Winter consumption demand Increments, the situation can be deceiving.

“You can have a particularly cold day, and then you can’t pump – for reasons of pipe size – all the gas that was made.”

Agnès Pannier-Runacher, Minister of Energy Transition, at RMC microphone.

In short, this means that the increase in reserves does not exempt the French from celebrities energy sobriety claimed. The best way toAvoid power outages It is to reduce energy consumption, proposes the Minister of Energy Transition.

It renewed the government’s call for the adoption of “small everyday gestures”, mentioned by Olivier Veran a few days ago, with a view to reduce consumption. A message dedicated not only to citizens but also to them Big Energy Consumers.

“Big players, departments, and companies, must reduce their consumption,” said Agnès Pannier-Runacher. She adds that it is necessary to “ensure that they reduce their consumption of gas and electricity (…) linking the two systems.”

Storage and diversification of gas supply above all

Gas storage makes it possible to ensure a transition in the event that Russia completely cuts off its exports. But it will not make it possible to compensate for the shortfall that the Russian gas halt may represent. This is why France is really striving Rebalancing the sources of supply By switching to other exporting countries.

TotalEnergies has just been authorized to develop a file Floating Gas-to-Gas Regasification Unit Project whose movable hull will be docked in the port of Le Havre. TotalEnergies LNG carriers will then be able to deliver the gas in a liquid state. The multinational will then be responsible for converting liquid gas into usable energy. This time, oil and gas will be exported by countries such as Norway, Egypt and Algeria. It can also come from Qatar, the United States, Nigeria or Angola.

It’s the whole European Union that started Offer diversification policy. European Commission President Ursula von der Leyen is currently negotiating with Azerbaijan to double the country’s gas exports to the European Union in the coming years. Italy, for its part, is heading to Algeria to demand increased gas shipments.

Leave a Comment

Your email address will not be published. Required fields are marked *