‘Before making any decision, we look at our current capacity and calculate the requirements,’ says Mike Considine, a deputy secretary at the Department of Energy, in a conversation with EL PAÍS
The EU has imported less LNG in the second half of 2023 then 2022. LNG is just more expensive then pipeline gas, so it is the first to go. Furthermore the EU has relativly little electricity generation from coal and most of it will be replaced by clean electricity. Heat pump sales are also rising quickly, with a lot of countries in the EU phasing them out. So gas consumption is going to fall and with that LNG imports.
Don’t forget industrial uses though. The heat needed will still be supplied by gas as opposed to electricity most of the time, as it is cheaper. We need proper emission import taxes and supply chain surveillance to protect the EU industries as they decarbonize.
So there will remain a slower declining base use, opposed to households.
The EU has imported less LNG in the second half of 2023 then 2022. LNG is just more expensive then pipeline gas, so it is the first to go. Furthermore the EU has relativly little electricity generation from coal and most of it will be replaced by clean electricity. Heat pump sales are also rising quickly, with a lot of countries in the EU phasing them out. So gas consumption is going to fall and with that LNG imports.
Don’t forget industrial uses though. The heat needed will still be supplied by gas as opposed to electricity most of the time, as it is cheaper. We need proper emission import taxes and supply chain surveillance to protect the EU industries as they decarbonize.
So there will remain a slower declining base use, opposed to households.