EU ROUND UP – MAJOR CALL FOR RESEARCH PROJECTS FROM BRUSSELS
July 1st, 2010
BY KEITH NUTHALL
MAJOR investment could be required by European Union (EU) gas utilities because of a new EU regulation insisting that member states have sufficient storage capacity to deal with supply crises such as the Russia and Ukraine dispute in 2008 and 2009. A new regulation negotiated between the European Parliament and the EU Council of Ministers orders gas companies have supplies to meet 30 days of exceptionally high demand for households and, if national governments choose, additional protected customers, such as small-and-medium-sized businesses and ...
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