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ACER publishes its Opinion on the Summer Supply Outlook 2023 of the European Network of Transmission System Operators for Gas (ENTSOG).
ENTSOG’s Summer Outlook 2023 assesses the resilience of the European gas network for the summer of 2023 by examining the potential evolution of gas demand and supply. In particular, it analyses the likelihood of gas storage sites being filled to 90% of their capacity by 30 September 2023 (in line with Europe’s minimum gas storage filling obligations).
With EU gas storage above 75% in early July 2023, Europe is on track to meeting the 90% storage filling target if current gas storage injection levels continue.
ACER welcomes ENTSOG’s Outlook but recommends some targeted improvements to it. ACER highlights that continued vigilance regarding gas supplies and monitoring of storage filling trajectories are crucial because of the persistent risks of a significant reduction in Russian gas supply.
