📈 May 13, 2026 • Source: AGSI+ / GIE • Updated Daily
Europe Gas Storage Levels Today
Track current European gas storage levels, daily changes, seasonal progress,
and winter supply risk signals — updated daily by EnergyRiskIQ.
📈 Updated daily
🌸 Europe gas storage tracker
❄️ Winter risk context
▮ Today’s Snapshot — May 13, 2026
EU Storage %
35.6%
ELEVATED • Injection Season
Daily Change
+0.10pp
vs prior day
To 90% Target
54.4pp to reach 90%
EU mandate by Nov 1
Days to Nov 1
172 days
Injection season window
Required Injection
3,479 GWh/day
needed daily to hit 90%
Storage Risk Score
61/100
EnergyRiskIQ proprietary
Seasonal Norm
55.0%
Deviation: -19.4pp
Last Updated
2026-05-12
AGSI+ / GIE source
🔌 Live Storage Metrics — May 13, 2026
EU Fill Rate
35.6%
ELEVATED risk band • Injection Season
vs Seasonal Norm
-19.4pp
Norm: 55.0% • Deficit: 213,400 GWh
7-Day Refill Speed
2,620 GWh/d
Injection season momentum
Storage Risk Score
61/100
EnergyRiskIQ proprietary score
🎯 Current Fill Rate vs Seasonal Norm
The EU aggregate gas storage target mandated by the European Commission is
90% by November 1 each year.
At the current fill rate of 35.6%,
Europe must inject approximately
3,479 GWh/day
through to the November deadline
(172 days remaining) to meet the target.
The seasonal norm for this date is 55.0%.
What Europe’s Gas Storage Level Means Today
European gas storage levels are one of the most closely watched indicators in global energy markets.
Current EU storage at 35.6% is
below the 55.0% seasonal norm
— a concerning signal for winter supply security.
🗺 Seasonal Context
Storage is currently tracking 19.4pp below
the 5-year seasonal norm of 55.0%.
This below-average position increases pressure on the injection season to recover the deficit.
🏛 The 90% November Target
EU regulation requires member states to aim for 90% storage
by November 1 each year. With 172 days remaining and storage at 35.6%,
Europe needs to inject approximately 3,479 GWh/day on average
to reach the mandate.
⚛️ TTF Prices and LNG Demand
Storage levels directly influence TTF natural gas prices
and European LNG demand. Lower-than-expected storage typically supports a supply-security premium
in TTF front-month prices and drives higher LNG import competition from Asia.
⚠️ Storage Is Only Part of the Picture
High storage alone does not eliminate winter risk. LNG import flows,
Norwegian pipeline exports, weather patterns, industrial demand, and geopolitical
disruptions all shape the full risk picture. The
Europe Gas Stress Index (EGSI)
combines these signals into one composite risk measure.
📈 Europe Gas Storage Trend and Winter Risk Outlook
Chart shows daily EU aggregate gas storage fill rate (gold line) vs the 5-year seasonal average norm (dashed blue).
Red circles indicate periods when the storage risk band was CRITICAL.
Data sourced from AGSI+ (Gas Infrastructure Europe) via EnergyRiskIQ's daily ingestion pipeline.
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and market stress indicators in one place.
🔁 Market Intelligence — What the Storage Deficit Means
⚛️
TTF Price Sensitivity
Storage levels are one of the most structurally significant drivers of European TTF natural gas prices.
When EU storage deviates significantly below seasonal norms, the market prices in a supply security premium
— typically manifesting as backwardation flattening or outright contango in the forward curve.
The current -19.4pp deficit against seasonal norms
supports a structural TTF floor premium relative to LNG parity pricing.
Any deterioration in injection momentum during the critical April–July window
would be expected to drive TTF front-month prices substantially higher.
🌦
Refill Season Risk Outlook
The injection season (April–September) is the only window Europe has to recover from winter withdrawals.
With storage starting the season at 35.6%,
the required injection pace is materially higher than in previous years.
Three key variables govern the refill trajectory: LNG import volumes
through European import terminals, Norwegian pipeline exports
(the dominant swing supplier), and industrial demand response
from high gas-consuming sectors such as chemicals and fertilisers.
A sustained injection rate above 3,479 GWh/day is required
to reach the 90% EU target by November 1.
❄️
Winter 2026–27 Risk Horizon
The adequacy of gas supply through winter 2026–27 depends critically on the outcome
of this injection season. Historical precedent shows that every 5 percentage point
shortfall in November storage translates to roughly 2–4 weeks of reduced supply
buffer at peak winter demand rates. If injection targets are missed by
a meaningful margin — say, storage entering November at 80% rather than 90% —
the probability of price spikes, demand curtailment alerts, and
interruptible supply activations increases sharply.
EnergyRiskIQ's Storage Risk Score of 61/100
reflects this elevated medium-term risk horizon.
🔗 EGSI-M Correlation — Gas Stress Index Connection
The Europe Gas Stress Index (EGSI-M) measures near-term transmission
market stress: flow disruptions, price spikes, and cross-border congestion events.
While EGSI-M currently reads 5.87/10 (LOW)
— indicating low near-term operational stress — this does not mitigate the
longer-dated structural risk visible in the storage data.
The divergence between a LOW EGSI-M and an
ELEVATED Storage Risk Score (61/100)
is characteristic of the current European gas market environment:
day-to-day gas flows are functioning normally, but the medium-term inventory
position is structurally weaker than the same period in prior years.
Historically, sustained storage deficits of this magnitude (14+ pp below norm)
have been leading indicators of EGSI-M stress events when paired with
supply disruption triggers — particularly during the autumn re-injection
closing window (September–October). Monitoring both EGSI-M and storage
trajectory together provides the most complete picture of European gas market risk.
EnergyRiskIQ Proprietary Analysis Engine • May 13, 2026
European gas storage across the EU currently stands at 35.6% fill, significantly below the five-year seasonal norm of 55.0%, representing a substantial 19.4 percentage point deficit. This shortfall is structurally concerning as it leaves the continent more vulnerable to supply shocks and demand surges during the critical winter months. Storage acts as a strategic buffer to smooth seasonal demand fluctuations and geopolitical supply disruptions; thus, the current low baseline undermines European energy security and heightens the risk of price spikes and rationing in the event of adverse developments.
The ongoing refill season shows a 7-day average injection rate of 2,620 GWh/day, which, while positive, remains insufficient to close the gap to the EU-mandated 90% storage target by November 1. To meet this ambitious threshold, injection rates will need to accelerate and sustain above current levels throughout the summer, especially given the large deficit to overcome. Risks to this trajectory include potential supply disruptions from geopolitical tensions, maintenance outages in import infrastructure, and unexpected demand surges driven by heatwaves or industrial activity, any of which could slow refill progress and exacerbate end-of-season shortfalls.
The Europe Gas Stress Index (EGSI-M) currently reads 5.87 out of 10, placing it in the low stress band despite the storage deficit. This suggests that market participants are not yet pricing in extreme supply stress, likely due to the relatively stable injection rates and moderate withdrawal activity of 233 GWh/day. However, the disconnect between low EGSI-M stress and subpar storage levels contributes to elevated TTF price volatility, as reflected in the current €46.51/MWh spot price. Forward curves are likely to remain backwardated or exhibit steep winter premia as traders price in the risk of tighter supply-demand balances later in the year, increasing energy price risk for market participants.
For traders, risk managers, and analysts, the key variables to monitor include the evolution of injection rates relative to the required pace for 90% fill, geopolitical developments flagged by recent alerts—particularly those related to war and energy supply disruptions—and weather patterns influencing demand. Any deterioration in supply security or slower-than-expected refill rates could rapidly elevate the EnergyRiskIQ Storage Risk Score, currently at 61/100 (ELEVATED), pushing market stress higher. Forward-looking, the winter 2026–27 season carries heightened risk of price spikes and volatility, making proactive risk management and scenario planning essential to navigate potential supply tightness and market dislocations.
This interpretation is generated by EnergyRiskIQ's proprietary analysis engine using live AGSI+ storage data,
EGSI-M readings, TTF price context, and alert signal inputs. It is for informational purposes only
and does not constitute financial or trading advice.
• Storage data: AGSI+ / Gas Infrastructure Europe
• TTF: Yahoo Finance
• Risk indices: EnergyRiskIQ proprietary models
🎯 How EnergyRiskIQ Gas Storage Intelligence Is Used
📈
Energy Traders
Storage-Driven TTF Trade Signals
Gas storage deviations from seasonal norms are one of the most reliable
structural signals in European gas markets. Traders use storage data to:
Assess TTF front-month vs forward curve structure (contango/backwardation)
Size positions ahead of injection season auctions and LNG windows
Monitor storage momentum as a leading signal for TTF volatility regimes
Calibrate spread trades between TTF and JKM or Henry Hub
📄
Risk Managers
Supply Security & Portfolio Hedging
For utility and industrial risk managers, gas storage levels directly
determine procurement strategy and hedge ratios:
Storage deficit quantification for winter demand coverage ratios
Trigger monitoring for interruptible supply clause activations
Regulatory compliance tracking against EU storage mandate (90% by Nov 1)
Scenario modelling for peak demand periods during cold weather events
📊
Research Analysts
Structural Market Context & Citation
Energy analysts and researchers use EnergyRiskIQ's storage intelligence as
a primary data source for market commentary and research:
Daily fill rate snapshots with risk-scored deviation analysis
EGSI-M correlation to interpret near-term vs medium-term risk
Historical trend data for seasonal comparisons and report citations
Custom algorithm narrative interpretation to accelerate research drafting
📅 European Gas Storage — Seasonal Reference Guide
EU gas storage follows a predictable seasonal cycle. The European Commission's
Gas Storage Regulation (EU 2022/1032) sets mandatory filling targets,
with the primary benchmark being 90% full by November 1
of each year. Understanding where current levels sit within this cycle
is essential for accurate price risk assessment.
Season
Phase
Typical Fill Range
Typical Risk Band
Winter (Nov–Feb)
Withdrawal
50–65%
ELEVATED–CRITICAL
Spring (Mar–May)
Mixed
30–50%
ELEVATED
Summer (Jun–Aug)
Injection
50–80%
MODERATE–LOW
Autumn (Sep–Oct)
Target
80–90%+
LOW
Current storage: 35.6% •
Season norm: 55.0% •
EnergyRiskIQ risk band: ELEVATED
📖 Methodology — How EnergyRiskIQ Calculates Gas Storage Risk
EnergyRiskIQ's gas storage risk intelligence is computed daily using a multi-factor
proprietary model, combining raw AGSI+ flow data with our EGSI, EERI, and
geopolitical alert pipeline to produce a holistic risk score.
Primary Data Source
Daily EU aggregate gas storage levels from AGSI+ (Aggregated Gas Storage Inventory),
published by Gas Infrastructure Europe (GIE). This covers all EU member states
plus the UK and Ukraine, aggregated to a single European fill rate percentage.
Seasonal Norm Calculation
The seasonal norm for each calendar date is calculated using the rolling 5-year
average fill rate for that date. This provides a stable benchmark that captures
seasonal demand cycles without being distorted by single-year outliers.
Deviation & Deficit Scoring
The percentage point deviation from the seasonal norm is converted into a
GWh deficit estimate using a European storage capacity assumption of ~1,100 TWh
(approximately 1.1 trillion cubic feet equivalent). This quantifies the
magnitude of the supply buffer shortfall in actionable energy terms.
Storage Risk Score (0–100)
The proprietary risk score combines: the normalised deviation from seasonal norms
(weighted 40%), the distance from the 90% EU mandated target (30%),
current refill/withdrawal momentum (15%), and EGSI-M stress signal (15%).
Scores above 70 enter CRITICAL band; 55–69 = ELEVATED; 40–54 = MODERATE; below 40 = LOW.
Refill Speed Calculation
The 7-day refill speed (GWh/day) is derived from the 7-day rolling change in
total EU stored gas volumes, converted from percentage points using the
aggregate storage capacity. Negative values indicate net withdrawals;
positive values confirm the injection season is active.
Update Frequency
Storage data is updated daily following the AGSI+ publication window
(typically 10:00–12:00 CET). EnergyRiskIQ's ingestion pipeline processes
the new data within minutes of publication, updating risk scores,
EGSI inputs, and algorithm-driven interpretations automatically.
Europe gas storage levels show how full underground natural gas storage facilities are across European
countries. They are used to assess winter supply security, injection progress, and potential pressure
on gas markets.
Why is the 90% gas storage target important?+
The European Union requires member states to aim for high storage levels before winter. The 90% target
by November 1 is widely watched because it indicates whether Europe has enough stored gas entering
the peak heating season.
How often is this page updated?+
This page is updated daily when new storage data is available.
Do gas storage levels affect TTF gas prices?+
Yes. Lower-than-expected storage levels can increase concern about winter supply and may support
higher TTF gas prices, especially when combined with cold weather, LNG disruptions, or geopolitical risk.
Are high storage levels enough to remove winter risk?+
Not always. Storage is only one part of the European gas-risk picture. Weather, LNG imports,
pipeline flows, demand, price volatility, and geopolitical events can still affect market stress.
What is the difference between gas storage data and the Europe Gas Stress Index?+
Gas storage data shows physical inventory levels. The Europe Gas Stress Index combines storage,
market pressure, supply stress, transit risk, and policy signals into a broader risk indicator.
View EGSI →
Turn Gas Storage Data Into Market Risk Intelligence
EnergyRiskIQ connects storage levels, LNG flows, TTF gas prices, and European risk indices
to help you understand changing energy-market conditions.
This page is updated daily with fresh data from live production pipelines.
To reference this intelligence in research, journalism, or professional reports,
use the citation below.
EnergyRiskIQ. (2026). European Gas Storage Levels — Live Data & Risk Intelligence — May 13, 2026.
Retrieved from https://energyriskiq.com/gas-storage-levels-in-europe
Data sources: AGSI+ / GIE (EU storage), Yahoo Finance (TTF), EnergyRiskIQ risk pipeline (EGSI-M, GERI, EERI).
