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Netherlands gas storage target unlikely to be met this winter
Gasunie has announced that the Netherlands will not meet its national natural gas storage target of 115 TWh for the upcoming winter. This target, which represents approximately half of the country's annual consumption, was set to ensure readiness for a winter as severe as any seen in the last 30 years.
As of late August, underground gas storage levels are approximately 45 percent full, a significant decline compared to previous years. The slow rate of replenishment is primarily attributed to market conditions; high summer gas prices relative to expected winter prices have made it commercially unattractive for energy companies to purchase and store gas at this time.
While Gasunie emphasizes that failing to meet these targets does not automatically signal an imminent gas shortage or a threat to supply security, it warns that the country is insufficiently prepared for an exceptionally harsh winter without additional policy interventions. The state-owned company Energie Beheer Nederland (EBN) has been actively filling storage facilities to mitigate the lack of market activity, but current progress remains insufficient to reach the 115 TWh goal by November 1.
Entities
EBN · Energie Beheer Nederland · European Union · Gasunie · Netherlands · Stientje van Veldhoven
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] Increased gas prices due to the Iran-Iraq war have made filling storage less attractive for market players. goudsdagblad.nl · www.transport-online.nl
- [DISPUTED] The Netherlands will not meet its gas storage target of 115 TWh for this winter. goudsdagblad.nl · sputniknews.cn · www.transport-online.nl · www.sonhaber.eu · www.groentennieuws.nl · +10 more
- [● 2 SOURCES] Gas storage levels in the Netherlands have declined annually since 2023. sputniknews.cn · www.sonhaber.eu
- [● 12 SOURCES] A gas shortage is unlikely unless there is an exceptionally severe winter. goudsdagblad.nl · sputniknews.cn · www.transport-online.nl · www.sonhaber.eu · www.groentennieuws.nl · +7 more
- [● 8 SOURCES] As of August 24, Dutch natural gas storage is approximately 45.3 percent full. goudsdagblad.nl · sputniknews.cn · www.transport-online.nl · www.sonhaber.eu · www.groentennieuws.nl · +3 more
- [DISPUTED] The national target is to have 115 TWh of gas stored by November 1. goudsdagblad.nl · www.transport-online.nl · www.sonhaber.eu · fr.euronews.com · hu.euronews.com · +7 more
- [● 10 SOURCES] High summer gas prices compared to expected winter prices make it commercially unattractive for energy companies to fill storage. www.sonhaber.eu · www.groentennieuws.nl · fr.euronews.com · hu.euronews.com · it.euronews.com · +5 more
- [● 13 SOURCES] Failing to meet storage targets does not automatically mean a gas shortage or a threat to supply security will occur. www.sonhaber.eu · goudsdagblad.nl · www.groentennieuws.nl · sputniknews.cn · fr.euronews.com · +8 more
- [● 14 SOURCES] Without additional policy measures, the Netherlands is not sufficiently prepared for one of the harshest winters. goudsdagblad.nl · www.groentennieuws.nl · fr.euronews.com · hu.euronews.com · it.euronews.com · +9 more