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A new EU Gas Market must expose it to all clean energy solutions, not just gas-on-gas

Lisa Fischer's picture
Programme Leader, E3G

I lead E3G’s efforts to drive the complex changes needed across regulation, infrastructure and finance needed for deep decarbonisation of the energy system. We work with policy-makers, civil...

  • Member since 2021
  • 1 items added with 785 views
  • Jan 18, 2021

Towards the end of this year the European Commission is expected to issue new proposals for gas legislation, a once in a decade market reform. Simon Skillings and Lisa Fischer at E3G highlight the big difference between the design of gas and electricity markets for Europe. The electricity market is growing, the gas market needs to shrink. The authors quote figures showing that the EU’s 55% emissions reduction target for 2030 means natural gas use will reduce by 32-37% of final energy consumption (compared to 2015) and continue down to negligible levels by 2050. That means it is imperative that gas is exposed to competition from low and zero-carbon alternatives.

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Matt Chester's picture
Matt Chester on Jan 19, 2021

Are there any big concerns about how the geopolitical pull of gas exporting nations will impact these shifts? If so, what's the best way to approach those? 

Lisa Fischer's picture
Thank Lisa for the Post!
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