Energy
Europe must slash gas demand before hard winter, IEA warns
The European Commission will this week tell member states to start cutting their gas use immediately and will upgrade the EU’s emergency supply status to “alert”
Europe needs to drastically slash natural gas consumption in the next few months to prepare for what is likely to be “a long, hard winter”, the head of the International Energy Agency said.
While the European Union has made some progress diversifying away from key supplier Russia, any shipments from the country remain highly uncertain, with a complete cut-off not ruled out, IEA executive director Fatih Birol said in a commentary outlining steps Europe must ...