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EU countries consider changing 2025 gas storage targets, sources say Changes to future EU gas storage targets being negotiated by European Union countries could, if approved quickly enough, also soften this year's binding storage-filling requirements, EU diplomats told Reuters.

Need an update on the latest status for the European gas storage regulation?
As always, excellent work from @kateabnett.bsky.social

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Oslo like a local Our correspondent’s guide to reindeer stew and floating saunas

Come visit!

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Germany passes waiver of gas storage fee outside the country from Jan 1, 2025 Germany's lower house of parliament on Friday passed a change to energy law entailing a waiver from Jan. 1, 2025, of a domestic market gas storage fee on border points and virtual trading hubs, thus freeing foreign consumers of a costly price element.

German parliament scraps gas storage levy applying at border points - just in time for stop of Ukraine transit of Russian gas.
Austria, Slovakia and Czech Republic argued the levy hampered their efforts to find affordable alternatives for Russian gas.

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Norway's Equinor cuts 20% of staff at renewables unit Norway's Equinor is trimming 20% of the staff from its renewable energy division and will compete for a smaller number of new projects as it streamlines the business unit, the company told Reuters on Thursday.

Equinor is cutting the number of people working with renewables by 20%.

The company's 12-16 GW by 2030 renewables target still stands. A revision could come on Feb. 5 at the capital markets update. What might a new target be?

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