FETSA consulted on strategic storage

Part of the new FETSA strategy was to become a credible and pro-active voice in EU policy making with an aim of policy makers coming to FETSA for our views so we can help develop policies.

An example of this starting to happen is in the area of strategic storage. In advance of EU strategic storage rules being reviewed, and in advance of the Luxembourg government reviewing its approach to strategic reserves, FETSA has been asked for its views on the composition of strategic stocks in the future.

Together with national associations, we developed a response to provide to Trinomics, the consultancy investigating this issue for the European Commission as well as certain national governments.

FETSA's input included views on future product mixes, the role of national energy and climate plans and our views on drivers of demand for different products.