This was the subject of presentations by European Commission (EC) senior officials at a number of recent gas conferences. Not surprisingly the key messages for the future of gas in Europe were quite similar:
- The new EC is driving new green policies
- Natural gas has a future role in Europe but it must be decarbonised
- Smart integration of electricity and gas is essential to enhance energy efficiency
- Electricity will become the predominant from of energy by 2050, with use of gas declining between 2030-2050.
The new European Green Deal will set the tone and direction. Ursula von der Layen, the new EC President, has committed to deliver this 100 days after taking office, giving the climate change debate a new direction.
Its main aims are: Europe to become the first climate-neutral continent, enshrine the 2050 climate-neutrality target into law and increase the carbon reduction target for 2030 to at least 50 per cent.