The European Union Agency for the Cooperation of Energy Regulators (ACER) called, on Tuesday 25 October in a press release, for solidarity among European countries during the coming winter to maintain the flow of electricity and gas across the borders of EU Member States.
According to the regulators, the coming months will be “a ‘make or break’ moment for EU energy market integration” during which the provision of cross-border capacity for gas and electricity flows will be “key”.
“If some countries were to pursue strictly national short-term energy interests, e.g. via restricting energy exports, others would likely suffer”, the ACER press release said.
The regulators point out that some Member States face significant supply problems, “that are unlikely to go away soon”, while others, even if they are net energy exporters, depend on imports for significant hours during the year.
They therefore recommend maximising capacity for cross-border trade, which will “improve the security of supply of the EU as a whole and help to stabilise electricity and gas prices”.
See the press release: https://aeur.eu/f/3sm (Original version in French by Damien Genicot)