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Czech Republic announces urgent meeting of energy ministers to discuss emergency measures

BRUSSELS, Aug.

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Czech Republic announces urgent meeting of energy ministers to discuss emergency measures

BRUSSELS, Aug. 26 (EUROPA PRESS) -

The Czech Republic, the country that holds the six-monthly presidency of the Council of the European Union, announced this Friday that it will convene an "urgent meeting" of energy ministers to discuss the situation in the face of rising prices in Europe and energy saving plans to guarantee bloc's energy security.

In a message on social networks, the Czech Prime Minister, Petr Fiala, has confirmed his intention to call an urgent meeting of the energy ministers to "discuss emergency measures to address the situation".

The EU is preparing for a complicated energy scenario this winter, in full tension with Russia that threatens to cut off gas supplies to the continent and the escalation of prices caused by the war in Ukraine.

With a view to dealing with the situation, the Twenty-seven before the summer agreed to have minimum reserves of at least 80% of their capacity by next November. At this time, according to data from the European Commission, in the EU as a whole they stand at 77%.

The plan also sets a threshold of 90% for the following winter seasons and a reserve level of 85% of the total storage capacity of the EU as a whole this year. Mandatory fill thresholds will expire in December 2025.

This is added to other energy saving and efficiency plans, with which the Member States have to implement measures to reduce consumption with the overall objective of saving 15%.