Overview

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.

Full Product Details

Author:   Manfred Hafner ,  Simone Tagliapietra
Publisher:   Claeys & Casteels Publishers BV
Imprint:   Claeys & Casteels Publishers BV
Volume:   Volume VI
Dimensions:   Width: 24.00cm , Height: 1.80cm , Length: 17.00cm
Weight:   0.499kg
ISBN:  

9789491673160

ISBN 10:   9491673165
Pages:   184
Publication Date:   01 November 2013
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print  
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Manfred Hafner, Johns Hopkins University SAIS, US, Sciences Po Paris, France and Moscow School of Management, Russia, Simone Tagliapietra, Researcher, Fondazione Eni Enrico Mattei (FEEM), Italy, Research Fellow, Istanbul Policy Center (IPC),Turkey, PhD Researcher, Universita Cattolica del Sacro Cuore (UCSC), Milan, Italy

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