Publications / Articles
Overview of regional storage facilities and forecast for storage demandPublished: 1 of June, 2013

In our previous article we covered the current market conditions of Hungarian gas storage facilities and the difficulties they face. Our first article expands this analysis to the countries within the Danube river basin. On top of portraying regional storage capacities, we evaluate the adequacy of storage capacities from the perspective of the security of supply, with use of the REKK gas market model. According to our results, due to the tighter integration of regional markets, the storage capacities within the region will be able to ensure undisturbed gas supply until 2020 without the expansion of capacities. Without coupling markets, however, a gas crisis, similar to the 2009 emergency, may again take place in the region.