This book explores in detail the challenges which the European gas markets currently face, and the opportunities they present. Bringing together some of the most prominent gas experts on Europe from both academia and industry, this edited volume provides a comprehensive analysis of the various economic, political and technological factors that interact in this sector.
Featuring a Foreword by Maros Sefcovic, Vice-President of the European Commission in charge of the Energy Union, contributions explore a wide range of issues, such as the role of gas in decarbonizing Europe, the outlook of Europe's gas demand, supply and pricing, and global LNG dynamics. Country specific studies include Russia, Norway, the Netherlands, and Germany, with regional studies including North Africa and the Eastern Mediterranean. Alongside detailed analysis of this complex sector it also puts forward a set of policy recommendations for the sector's key stakeholders. This volume will be of interest to researchers and academics, as well as practitioners and professionals within European gas markets.
Manfred Hafner is Adjunct Professor of Energy Economics and Policy at Johns Hopkins University, School of Advanced International Studies (SAIS Europe) in Bologna, Italy, and at Sciences Po Paris, Paris School of International Affairs (PSIA), France. He directs the Energy Scenario and Policy research programme at the Fondazione Eni Enrico Mattei (FEEM), Italy, and is an Associate Research Fellow at the Centre for Research on Energy and Environment Economics and Policy (IEFE) of Bocconi University, Italy. He is also Vice-President Consulting at Enerdata, France. He has a 30-year working experience on energy issues for governments, international organizations and industry.
Simone Tagliapietra is Senior Researcher at the Fondazione Eni Enrico Mattei, Italy, and Research Fellow at Bruegel, Belgium. An expert in international energy issues, he also conducted research at the Istanbul Policy Center at Sabanci University, Turkey, and at the United Nations Economic Commission for Europe in Geneva, Switzerland. He received his PhD from the Università Cattolica del Sacro Cuore in Milan, Italy, where he currently teaches energy economics and policy. His most recent book is Energy Relations in the Euro-Mediterranean: A Political Economy Perspective (Palgrave).
Chapter 1:Introduction.- Chapter 2: The role of natural gas in the EU decarbonisation path.- Chapter 3: The potential role of gas in decarbonizing Europe: a quantitative assessment.- Chapter 4: What outlook for European gas demand? An overview of possible scenarios.- Chapter 5: Impact of German "Energiewende" on gas. Responding to marginalisation in a politicised environment.- Chapter 6: The role of gas in the European electricity system of the future.- Chapter 7: The prospects for gas in the European transportation sector.- Chapter 8: Global LNG market outlook and repercussions for Europe.- Chapter 9: Global LNG pricing dynamics and impact on Europe.- Chapter 10: The new Russian gas export strategy after the Ukraine crisis.- Chapter 11: Earthquakes shatter Dutch gas-roundabout, gas dream to end soon?- Chapter 12: Norway: a reliable long-term supplier for Europe?- Chapter 13: The North African gas export outlook between commercial and political challenges.- Chapter 14: Towards a new Mediterranean gas hub?- Chapter 15: The Southern Gas Corridor.- Chapter 16: The evolution of European gas pricing mechanisms.- Chapter 17: The future of gas in the Energy Union: Threats and Opportunities.