Large parts of the existing natural gas distribution networks must be decommissioned due to the decarbonization of the heat supply. However, there are neither regulatory nor economic incentives for the gas network operators to do so and delaying the decommissioning could be expensive for the...

The European Union's target to reach greenhouse gas neutrality by 2050 calls for a sharp decrease in the consumption of natural gas. This study assesses impacts of greenhouse gas neutrality on the gas system, taking France and Germany as two case studies which illustrate a wide range of...

Mexican energy reforms have opened the door to shale gas from the United States—and imports are booming. U.S. natural gas production reached a record high in July 2015, largely due to increased shale drilling dating back to 2010 in the Marcellus field in the Northeastern U.S. and the Permian...

In a controversial policy paper, Bachmann et al. (2022) argued back in March 2022 that the economic effects for Germany of a complete immediate stop of energy imports from Russia would be small, between 0.5% and 3% of GDP. Baqaee et al. (2022) even presented 0.3% GDP loss in the case of an...

In this paper, we use the Global Gas Model to analyze the perspectives and infrastructure needs of the European natural gas market until 2050. Three pathways of natural gas consumption in a future low-carbon energy system in Europe are envisaged: i) a decreasing natural gas consumption, along...

European Union legislation obliges natural gas transmission system operators to publish key transport indicators on a transparency platform operated by the European Network of Gas Transmission System Operators for Gas (ENTSOG). Gas Infrastructure Europe (GIE) maintains similar transparency...

This note argues that in a situation of an inelastic natural gas supply a restrictive monetary policy in the euro zone could reduce the energy bill and therefore has additional merits. A more hawkish monetary policy may be able to indirectly use monopsony power on the gas market. The welfare...