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The purpose of this working paper is to delineate the correlation between decarbonization and security of supply, and to assess the sequential effect of these notions on the EU’s external gas relations. It first discusses the contribution of the gas sector to the EU’s decarbonization...
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This paper investigates the development of wholesale markets for natural gas at the different stages of market liberalization. We identify three steps in the process: wholesale trade initially develops to cope with balancing needs when the shippers and suppliers segments become more fragmented;...
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Natural gas infrastructures play a key role in the transition towards the new energy model, with a high share of renewable energies, both ensuring the firm capacity of electric power systems and integrating all energy vectors. The European Union (EU) strongly depends on external natural gas...
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transformation in Europe on its way to complete decarbonization. Mainstream conventional wisdom has it that natural gas, perhaps in … corresponding infrastructure is the next logical step of the transformation process in Europe. The lack of an economic perspective … phasing out of natural gas in Europe has already started, and will continue until its complete phase-out, most likely in the …
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