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According to reports, Spain used its winter-allocated gas reserves for the first time since 2011 during summer months, due to a severe heatwave that increased electricity demand and air conditioning consumption. The country withdrew approximately 39.4 million cubic meters of gas between July 2 and 14, and has ceased depleting its stocks, with storage levels dropping to their lowest since 2021 at 73.3%. This occurred amid heightened pressure on the energy system resulting from rising temperatures, which led to increased electricity consumption and greater gas burning to meet the growing demand. This development presents a new challenge for European energy systems, which are under increasing strain from heatwaves and soaring electricity use, threatening the availability of gas reserves needed for the winter season.
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