Valdai Club's expert Roland Götz argues for pipelines in Baltic
According to one likely scenario for the period up to 2035, European economies will continue to experience moderate growth. Because energy intensity will decrease, overall energy demand will more or less stagnate. But gas demand will grow because gas will come to substitute coal and nuclear energy in electricity production. By 2035, European gas demand is likely to have increased by about 100 bcm.
Because gas is obviously more climate-friendly than coal, and far less dangerous than nuclear energy, natural gas can function as a bridge to the era of renewable energy.
On the supply side, European domestic gas production will fall because most gas provinces in Europe are in decline. Unconventional gas, such as shale gas, tight gas, biogas and coalbed methane, will partly offset declining European natural gas production, but will not reverse the trend completely. Across Europe, shale gas production will remain low due to environmental concerns.
Full version of his comment was published on www.valdaiclub.com
According to one likely scenario for the period up to 2035, European economies will continue to experience moderate growth. Because energy intensity will decrease, overall energy demand will more or less stagnate. But gas demand will grow because gas will come to substitute coal and nuclear energy in electricity production. By 2035, European gas demand is likely to have increased by about 100 bcm.
Because gas is obviously more climate-friendly than coal, and far less dangerous than nuclear energy, natural gas can function as a bridge to the era of renewable energy.
On the supply side, European domestic gas production will fall because most gas provinces in Europe are in decline. Unconventional gas, such as shale gas, tight gas, biogas and coalbed methane, will partly offset declining European natural gas production, but will not reverse the trend completely. Across Europe, shale gas production will remain low due to environmental concerns.
Full version of his comment was published on www.valdaiclub.com
