Economy

EU gas storage levels are at their lowest in 13 years

The Guardian · August 29, 2026Original source ↗

EU gas storage levels are at their lowest in 13 years

What happened

Europe's gas stores are reported to be 63% full as of the last week of August, significantly below the average of 80% for this time of year. Experts indicate that this low level of gas storage may lead to increased price volatility, particularly affecting major gas consumers like the UK.

Why it matters

These low gas storage levels could impact energy prices and supply for consumers across Europe as winter approaches.

How this story affects people

How does this story affect you if you live in the UK?

As one of Europe's largest gas consumers, you may experience increased energy prices and volatility this winter due to low gas storage levels. This could lead to higher heating costs and potential supply challenges during the colder months.

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