Italy May Trigger Emergency Gas Plan If Russian Curbs Continue
- Gazprom continued to limit gas supplies to Italy on Friday
- Russia’s reduced supply to Europe has sent gas prices soaring
The coal-fired thermoelectric power station in Brindisi, Italy.
Photographer: Donato Fasano/Getty Images
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Italy may trigger its emergency gas plan as soon as next week if Russia continues to curb supplies, a move that may involve a bigger reliance on dirtier fuels.
If Gazprom PJSC doesn’t restore its gas supplies to Italy by mid-week, the government may initiate an emergency phase for its market, according to people familiar with the situation. That may pave the way for a greater output of the six coal plants that are already operational in Italy, but are due to be shut by 2025 to meet climate change goals.