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Representation in Cyprus
Speech26 July 2022Representation in Cyprus

Statement by the President of the European Commission following the political agreement on the Council Regulation on coordinated demand reduction measures for gas

Today, the EU has taken a decisive step to face down the threat of a full gas disruption by Putin. 

Read-out of the College meeting by Ursula von der Leyen, President of the European Commission, Frans Timmermans, Executive Vice-President of the European Commission, Thierry Breton and Kadri Simson,  European Commissioners, on the "Save Gas for a Safe…

I strongly welcome the endorsement by Council of the Council Regulation on coordinated demand reduction measures for gas.

The political agreement reached by Council in record time, based on the Commission's proposal “Save gas for a safe winter” tabled last week, will ensure an orderly and coordinated reduction of gas consumption across the EU to prepare for the coming winter. It complements all the other actions taken to date in the context of REPowerEU, notably to diversify sources of gas supply, speed up the development of renewables and become more energy efficient.

The collective commitment to reduce by 15% is very significant and will help fill our storage ahead of winter.

Moreover, the possibility to declare a state of EU alert triggering compulsory gas consumption reductions across the Member States provides a strong signal that the EU will do whatever it takes to ensure its security of supply and protect its consumers, be it households or industry.

By acting together to reduce the demand for gas, taking into account all the relevant national specificities, the EU has secured the strong foundations for the indispensable solidarity between Member States in the face of the Putin's energy blackmail. The announcement by Gazprom that it is further cutting gas deliveries to Europe through Nord Stream 1, for no justifiable technical reason, further illustrates the unreliable nature of Russia as an energy supplier. Thanks to today's decision, we are now ready to address our energy security at European scale, as a Union.

Details

Publication date
26 July 2022
Author
Representation in Cyprus