MEKH said the European Union Agency for the Cooperation of Energy Regulators (ACER) and the Council for European Energy Regulators (CEER) have proposed tying mandatory gas storage levels to demand, not capacity, affirming MEKH's own position.
The proposal prevents countries with big gas storage capacity, such as Hungary, from shouldering disproportionate costs, MEKH deputy chairman Pál Ságvári said.
The European Commission earlier proposed raising EU gas storage volume to 80% of capacity in 2022 and 90% thereafter in the interest of boosting security of supply.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
