Gazprom gas production up by 8.5% in 1st semester 2018 (Russia)

According to the state-run company Gazprom, exports of Russian gas to non-CIS (Community of Independent States) countries went up by 5.8% between January and June 2018 to reach 108.9 bcm. The largest hikes were reported in Germany (+12.2% or + 3.5 bcm), Austria (+52.3% or + 2.1 bcm), the Netherlands (+61.9% or +1.4 bcm), France (+12.5% or 0.8 bcm), Croatia (+45%, +0.6 bcm) and Poland (+6.7%).

Meanwhile, Gazprom's gas production increased by 8.5% over the time period and averaged 270.1 bcm. Its gas sales on the Russian domestic market also went up by 5.3% (7 bcm) since the beginning of the year. The company's total gas output in 2017 averages 471 bcm, which is 12.4% more than in 2016. For the end of 2018, Gazprom hopes to reach 476 bcm (+1%) but the forecast could still be adjusted and reviewed.

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Mind the gap: Aligning the 2030 EU climate and energy policy framework to meet long-term climate goals

For a better coordination of climate and energy policies through the regulation on the Governance of the Energy Union.

Enerdata collaborated with the Institute for Climate Economics (I4CE) to produce the report titled: Mind the gap: Aligning the 2030 EU climate and energy policy framework to meet long-term climate goals.

Produced within the framework of the COPEC II research program, the publication provides an analysis of the interaction between European energy and climate policies, based on both historical data (back to 2005) and projections (up to 2030). The report also offers recommendations to mitigate counteractive interactions between policies and build a climate and energy framework consistent with the Paris Agreement before 2030.

The key findings of this report are:

• - The negotiations on the EU 2030 climate and energy framework are an opportunity to implement a coherent and ambitious policy mix in the EU and fulfill its commitment under the Paris Agreement.
• - The EU ETS and the ESR do not ensure the achievement of the EU’s NDC by 2030.
• - The carbon budgets set by the EU ETS and the ESR should be calibrated carefully in order to be efficient.
• - Renewable energy sources and increased energy efficiency contributed greatly to reducing GHG emissions over 2005-2015 and are projected to remain the main drivers of reduction in the post-2020 period.
• - Emissions reductions create counterproductive interactions with other policies, such as the EU ETS and the ESR, when not appropriately taken into account. The agreed reform of the EU ETS is not expected to be sufficient to mitigate these interactions.
• - Legislation under negotiation will fall short of the EU long-term ambition, which is itself insufficient to meet the objectives set during the Paris Agreement and should aim at net-zero emissions by 2050.
• - The EU policy package should align with the 2030 climate and energy framework to mitigate policy interaction, and with an increased long-term ambition in line with the Paris Agreement.

Download the publication (free).

Exclusive Gas Foresight Report

Inside a flat gas demand in Europe, the contribution of the power sector will keep growing

In its latest World Energy Outlook, the International Energy Agency announced an upcoming golden age for natural gas with the strong growth of gas demand expected in the coming years, especially in Asia and with the development of shale gas resources.
But the picture varies by region; in Europe, while gas consumption increased over the last 20 years, it has been stagnating since 2005, limited by a sluggish economic growth and stringent regulations promoting energy efficiency. We have seen during the last 5 years a real re-definition of sectoral demand for gas, with growing inputs in the power sector. Between 2000 and 2011, 100 GW of gas-fired capacities were installed in Europe; this trend will certainly continue with the expected commissioning of 50 GW of additional gas-fired plants by 2020 in our central scenario (Balance). However, the current high competitiveness of gas plants is more and more under threat. A weakening of CO₂ policies in Europe would strengthen the position of coal as a fuel of choice in the power sector. In the same time, a strong commitment to a climate target would make necessary the development of very stringent energy efficiency policies and very strong CO₂ taxation that would therefore lower gas demand over the long-term.

Interested in our exclusive Gas Forecast Report report?

As gas promises to gain ground in Europe in the next couple of decades, our newly published report analyses the current environment as well as emerging issues and uncertainties about the pace at which this will happen, with focus on:

• Expected growth of gas demand in the power sector, compared to a flat trend in other sectors
• Booming LNG infrastructures easing access to natural gas at a competitive price and shifting the origin of gas imports
• Important opportunities for shale gas although geologically uncertain and subject to very contrasted legislations between member states

Our insightful analysis is based on outputs from the globally recognised POLES model.

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