Lobbying on Gas Storage

Gas Storage

Energy

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Public consultation

ID: 13423

Lobbying Activity

11 responses

EDF urges flexible gas storage targets and financial compensation

ELECTRICITE DE FRANCE, 2 May 2022

EDF supports mandatory storage targets but requests more flexibility for fast-cycle facilities and indicative trajectories. They also call for financial incentives, such as tariff discounts and compensation for revenue shortfalls.

These changes would reduce EDF's operational costs and protect its profit margins during market volatility.

National budgets or other energy users could face higher costs to fund these corporate incentives.

Austrian Economic Chamber urges gas storage based on consumption

Wirtschaftskammer Österreich, 25 May 2022

The organization proposes basing storage obligations on annual gas consumption rather than total capacity. They suggest reducing intermediate filling targets to preserve market flexibility and avoid price spikes. Additionally, they request clearer details and minimal bureaucracy for the storage operator certification.

Austria would avoid carrying unfair financial burdens due to its large storage capacity.

Energy consumers risk higher costs from artificial price spikes caused by rigid timelines.

Eurogas urges flexible, market-based gas storage filling rules

EUROGAS, 3 Apr 2022

Eurogas argues for market-based mechanisms to ensure security of supply. They recommend more flexible deviation rules and suggest tailor-made national solutions.

Flexibility and market-based rules would lower gross compliance costs for gas suppliers.

Consumers face higher costs as storage mandates risk high gas wholesale prices.

BP urges flexibility in EU gas storage mandates

BP p.l.c., 25 May 2022

BP requests that fast and medium cycle storage be excluded from mandatory filling requirements, arguing these facilities need flexibility to respond to market volatility. They want interventions to be time-limited and regularly reviewed, with realistic intermediate targets rather than ambitious filling profiles.

This would preserve the commercial value of BP's storage facilities and maintain flexibility.

EU governments lose tools to ensure adequate winter gas reserves during supply crises.

Repsol Urges EU to Include LNG in Gas Storage Targets

Repsol, S.A., 25 May 2022

Repsol argues that the Commission must consider national particularities when setting mandatory gas storage rules. They specifically propose that liquefied natural gas stored in regasification plants should count toward filling targets.

This would prevent unnecessary and costly new storage requirements for companies already meeting standards.

Spanish market participants would face disproportionate regulatory burdens under a one-size-fits-all approach.

Gas Infrastructure Europe Urges Flexibility in Storage Filling Targets

Gas Infrastructure Europe, 26 May 2022

GIE suggests allowing diverse entities to manage stocks and reducing intermediary targets to protect trading. They also want certification requirements limited to specific risky operators.

Operators would avoid heavy administrative costs and maintain the ability to trade gas profitably.

Member States may lose the guarantee that gas is injected according to schedule.

Enagás Urges Flexible Storage Targets and Fast-Track Project Approval

Enagás S.A., 20 Apr 2022

Enagás requests flexible filling targets and a fast-track category for security projects. They also propose tariff discounts and exemptions for regions with low interconnection.

Enagás would secure faster permitting and potential European funding for its infrastructure developments.

Central European nations might face higher costs if isolated regions are exempted from sharing.

IFIEC Europe urges temporary gas storage and fair cost distribution

IFIEC Europe, 25 May 2022

The organization wants measures to be temporary and subject to regular impact assessments. They argue that industry should not pay for peak gas demand which they do not cause. Finally, they call for protections against gas supply cuts for vital industrial sectors.

This would safeguard industrial output and minimize additional energy costs for manufacturers.

Households and protected consumers could pay more to cover gas storage costs.

Consultation response

DTEK, 20 May 2022

Being a leading Ukrainian energy utility company, DTEK is unequivocally committed to achieve carbon neutrality by 2040 and strongly advocates decreasing the dependence on fossil fuels within the shortest possible period of time. We would also appeal to European and global energy companies to stop…

Teréga urges flexible storage rules and hydrogen infrastructure funding

Teréga, 25 May 2022

Member states and operators should define storage targets based on technical characteristics. They propose a new category of projects to fund hydrogen-ready infrastructure. The organization opposes the mandatory removal of transmission tariffs for gas storage.

This allows them to maintain existing revenue streams and access new subsidies.

Consumers may face higher energy costs because Teréga opposes removing transmission tariffs.

Consultation response

Initiative Energien Speichern e.V., 26 May 2022

On March 23, 2022, the Commission made a legislative proposal to regulate gas storage facilities. The proposal amends the EU Security of Supply Regulation (SoS Regulation) as well as the Gas Market Regulation. The Initiative Energien Speichern e. V. (INES) as the Association of Gas and Hydrogen…