The present invention relates to valved cryogenic refrigerators, in particular, Gifford McMahon (GM) refrigerators, and GM type pulse tube refrigerators where gas is cycled between high and low pressures by a valve mechanism that connects to an expander. Input power is reduced by use of a buffer volume which stores gas that flows to and from the warm end of the regenerator through a valve that opens and closes during the periods when the main supply and return valves are closed and is closed when the main supply and return valves are open.