EU Could Face Gas Shortage Next Year, IEA Warns

[Epoch-Times-Bot]

EU Could Face Gas Shortage Next Year, IEA Warns

BRUSSELS—The European Union has enough gas for the winter but could face a shortage next year if Russia cuts supplies further, the International Energy Agency (IEA) said on Monday, urging governments to act faster to save energy and expand renewable energy sources.
Despite Russia slashing gas deliveries this year, Europe started the winter with brimming gas storage tanks—thanks in part to emergency EU measures to fill storage, plus a lucky spell of mild weather and high gas prices that dampened demand for the fuel.
But next year may pose an even tougher test than the energy crunch that has this year hiked fuel bills for European households and forced industries to temporarily close to avoid crippling gas costs....

Source: EU Could Face Gas Shortage Next Year, IEA Warns

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