1. The Role of Natural Gas in Europe's Electricity Sector Through 2030
- Author:
- Tim Boersma and Tatiana Mitrova
- Publication Date:
- 08-2018
- Content Type:
- Special Report
- Institution:
- Center on Global Energy Policy (CGEP), Columbia University
- Abstract:
- The developments underway in Europe’s natural gas sector are some of the most influential and closely watched in the global gas market. In the past decade, Europe has seen significant demand swings, falling domestic production, growing concerns about dependence on Russian gas, and the advent of US liquefied natural gas exports to the world. Just as important has been the emerging competition from renewable fuels. Indeed, questions are now arising about whether Europe needs new investments in natural gas infrastructure or if those investments would become stranded assets. However, suggesting that the EU does not need new investments risks underestimating the role—or the potential role—natural gas plays in various sectors of Europe’s energy economy, including industry, transportation, and commercial and residential usage.
- Topic:
- Energy Policy and International Political Economy
- Political Geography:
- America