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Europe Daily Bulletin No. 12750

29 June 2021
Contents Publication in full By article 16 / 32
ECONOMY - FINANCE - BUSINESS / State aid
European Commission authorises regulatory mechanism for natural gas storage in France
Brussels, 28/06/2021 (Agence Europe)

On Monday 28 June, the European Commission validated the regulatory mechanism for natural gas storage implemented by France since 2017.

France has introduced a regulatory mechanism for natural gas storage which aims to keep existing storage capacity in operation, which is considered necessary to ensure the security of the country’s natural gas supply.

This mechanism involves auctioning the storage capacity and covering the storage operators’ costs. To this end, when the revenues of...

Contents

BEACONS
SOCIAL AFFAIRS
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
EU RESPONSE TO COVID-19
EXTERNAL ACTION
NEWS BRIEFS