Energy Transition

How the European Union can avoid gas shortages in 2023

Europe has made “impressive progress” in reducing its reliance on Russian gas supplies, the IEA says. Image: Pexels/sergio souza

Victoria Masterson

Senior Writer, Formative Content

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Chart showing the year-on-year change in EU gas demand by sector
Falling gas demand in 2022 helped the EU maintain gas storage levels. Image: IEA

The expected changes and additional actions to close the supply-demand gap in EU
The EU could face a shortage of 30 billion cubic metres of natural gas in 2023. Image: IEA

Chart showing the summary of additional actions required to fill the EU gas supply-demand gap
The IEA identifies five priority action areas to help the EU avoid gas shortages in 2023. Image: IEA

The country fuel import diversification
Diversifying fuel imports is a key step to energy security, the World Economic Forum says. Image: WEF
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Energy TransitionOil and GasEuropean Union
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