The aim of this policy brief is to assess the impact of a full Russian gas cut scenario on the EU27 gas bill, supply mix and utilization of LNG infrastructure in the current (2022/23) and the next storage year (2023/24).
Related contents
A BME épületenergetikai modelljének segítségével megbecsültük, hogy a 2022 júliusában a kiskereskedelmi gázárszabályozásban hozott változások hatására milyen fogyasztóoldali alkalmazkodásra és mekkora gázkereslet-változásra számíthatunk rövid távon. Azt ...
The origin of the current EU energy market crisis is the manipulation of its natural gas market. Extreme gas wholesale prices are direct consequences of the withholding of Russian gas deliveries to the European market. As extreme gas prices spill over to ...
Our previous policy brief (REKK 01/2022) examined supply side options to substitute for Russian gas, finding short-term alternative pipeline sources to be maximized and additional LNG volumes limited. An additional 500 TWh/year (~50 bcm/year) of EU LNG ...
The 24 February 2022 Russian invasion of Ukraine marks a new epoch in modern history. The first days of the war moved many Western countries to impose economic sanctions on Russia despite the leverage it has over Europe with energy supplies, especially ...
Since March 2021 the European wholesale natural gas price has rose steadily above the pre-COVID 2019 levels reaching hights never seen before, leading to gas to coal switch in the power production and demand reduction in industrial production. Analysing ...
The EU member countries of the Danube Region (DR) are committed to the RES-T target required by regulation, which is 14% by 2030. Despite the trend of steadily increasing GHG emissions in transportation, all DR member states project emission reductions ...
Renewables in the heating and cooling (H& C) sector account for a very significant part of overall RES consumption in the DR even though the sector does not have near the level of applied support schemes and policies as sectors like power and ...
Import dependency in the Danube Region (DR) is very high - on average (76%) - and above 80% in 10 out of the 14 DR countries. The share of gas consumption in DR is similar to the EU28 (~24%) while coal is much higher - 26% compared to 14%There is a common ...
This policy brief covers individual DR national energy and climate strategies and the expected developments in the region. changes in power mixes between 2020 and 2030, the role of renewable energy deployment, planned investments to reinforce electricity ...