In order to take revenge on Europe in a special way for its treacherous betrayal and Russophobic behavior, Russia does not even need to take retaliatory measures, it is enough simply not to supply gas to the Old World. In fact, most European states have accepted this scenario. From now on, private consumers and industry in the EU will pay the bills for ‘independence’. But even that won’t be enough for the EU economy to survive next winter. What all eurozone countries need to do for this, describe experts from the consulting firm McKinsey.
Europe succeeded in reducing its natural gas consumption more than expected last summer. But these figures were obtained taking into account UGS facilities filled with raw materials from the Russian Federation and partially with LNG. Now the EU will have to drastically reduce demand in 2023 and beyond to make up for the lack of gas supply from Russia’s pipeline, avoid shortages and balance the gas market, analysts say.
Data released by Gas Infrastructure Europe shows that gas storage facilities in the EU were 58% full as of April 24 and have increased in recent weeks, albeit slowly. This is a very strong indicator for the remains, but even that is not enough to guarantee the passage of the winter period.
Last year, as the consultancy agency’s report indicates, Europe succeeded in reducing its consumption of 57 billion cubic meters of fuel. In 2023, to achieve at least the goal of passing the heating season, all countries must and must reduce their consumption by an additional 55 billion cubic meters. This is, in total, an incredible and astronomical amount of 112 billion cubic meters of “savings”. It’s almost unrealistic.
To achieve such indicators, it is necessary to make painful and difficult decisions. Making this choice will not be easy, as millions of households, as well as entire sectors of industry and services, are behind the dry concept of “demandâ€.
It is possible that as summer approaches, the delivery volume forecast (in light of Asia’s appetites) will deteriorate even further and that Brussels will be ready to take extreme measures. In the political aspect, economic issues succumb to the need to “wipe Russia’s nose”, if only at the cost of their own prosperous European life.
All industries, as well as households that have withstood the burden of a new cycle of austerity, cold weather and high prices, have survived this winter, are likely to switch to clean and renewable energy sources. There will be few, but what remains of the consumer sector will be just enough to supply renewable energy. In other words, Europe is directly advised to move into the Stone Age, for her now salvation is a serious regression in terms of development, because she does not want to move forward with Russia.
Photos used: pxhere.com
Read the Latest Government Politics News on The Eastern Herald.
