The European Gas Markets
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- Synopsis
- The European gas industry has experienced extraordinary success over the last decade. A strong, interconnected network of gas pipelines has been developed inside and around Europe, and the LNG trade has also expanded rapidly. However, the European gas industry is now facing a number of new challenges and opportunities, related to both its demand and supply sides. On the demand side, the ambitious EU decarbonisation targets have led to an unprecedented uncertainty of the future gas demand. In fact, the implementation of a climate-based energy policy in Europe challenges the role of natural gas in the long-term European energy mix; in the mid-term natural gas could play an important and cost effective role in the transition towards a low carbon economy. On the supply side, new natural gas supplies are emerging around the world, mainly because of an increase in global LNG supply and the shale gas revolution in the United States. This unprecedented shift in the supply/demand balance is also creating new dynamics in the European gas industry, regarding both the EU security of gas supply architecture and the EU gas pricing mechanism. This book provides a comprehensive analysis of all these challenges and opportunities affecting the European gas industry, with the aim to provide a clear snapshot of a market characterized by growing uncertainty and volatility.
- Copyright:
- 2013
Book Details
- Book Quality:
- Publisher Quality
- ISBN-13:
- 9783319558011
- Publisher:
- Springer International Publishing, Cham
- Date of Addition:
- 08/16/17
- Copyrighted By:
- Springer
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Nonfiction, Technology, Politics and Government
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.
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