EU countries back voluntary gas consumption cuts through March 2024

Brussels, 28 March (CTK correspondent) – European Union countries will extend the voluntary 15% reduction in gas consumption by a year to ensure sufficient supplies for next heating season. Energy ministers from the member states agreed on this today, backing the European Commission’s (EC) proposal to extend the savings introduced last year until March next year. Energy Commissioner Kadri Simson said this was the best way to avert the risk of a gas shortage when it is most needed.

In response to Russia’s curbs on gas supplies following its invasion of Ukraine, the European bloc first decided to cut consumption last July, during the Czech presidency. The rules, which include lowering temperatures in public buildings, have been in force since last August and remain in place until this Friday.

“It worked well and is the best way to ensure that an adequate level of supplies is reached,” Simson said.

Instead of the planned 15%, the bloc managed to cut consumption by more than 19% by January, she said.