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Lower gas storage filling targets would reduce summer prices, EU watchdog says

( April 16, 2025, 12:37 GMT | Official Statement) -- MLex Summary: Lowering EU gas storage filling targets could reduce gas prices in the summer, according to a report by the EU energy watchdog ACER. High gas storage filling targets can drive gas prices up due to increased demand needed to meet these targets. The report shows that EU gas wholesale prices rose by 50 percent in the 2024-25 winter compared to the previous year. The document explores gas storage dynamics over the winter and provides an outlook for summer 2025.  Press release follows. Report attached....

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