| Author (Person) | Parmigiani, Laura |
|---|---|
| Publisher | French Institute of International Relations (IFRI) |
| Series Title | IFRI Editorials: Actuelles de l'Ifri |
| Publication Date | April 2012 |
| Content Type | Report |
|
Summary: The Energy Roadmap 2050 released by the Commission in December 2011 says it all: we will need more gas until 2030. Gas represents the default solution for a transition to an energy system with less GHG emissions. It also has great value as a back-up for intermittent renewable power generation. Therefore, stating that Europe still needs large quantities of gas means checking if supply volumes are available to satisfy growing demand. Internationally there was an extraordinary abundance of gas in 2011, due to the expansion of US shale gas output. At the European level, the economic crisis and the particularly mild winter (until February 2012) further amplified this situation. European gas prices were far cheaper on spot markets and large volumes were still available in most countries. |
|
| Source Link |
Link to Main Source
https://www.ifri.org/en/publications/enotes/gas-routes-europe-real-needs-and-political-jockeying
Alternative sources
|
| Subject Categories | Energy |
| International Organisations | European Union [EU] |
