... energy crisis, but the situation continues to be quite serious. During the premiership of Mario Draghi in Italy, a plan was launched to diversify energy supplies with the aim of gradually phasing out Russian gas, which is being replaced primarily by LNG, Algerian, Azerbaijani and Northern European gas. The government of Giorgia Meloni continues to follow this plan, with the declared goal of completely eliminating dependence on Russian gas by the winter of 2024–2025.
In 2022, primary energy demand ...
... mentioning here that, as oil prices rise, so too do gas prices, which thus makes the European market even more appealing for U.S. LNG suppliers. However, Gazprom is far better equipped to provide discounts in the event of an all-out war breaking out among ... ... the issue of expanding the provisions of the Third Energy Package to include maritime parts of gas pipelines running into the European Union. The new rules would mean that Gazprom would only be able to transport up to 50 per cent of the capacity of Nord ...
... Coal-Free Portfolio
The future of coal in Europe is unclear. As gas grows cheaper due to the gradual increase in the number of LNG suppliers and improvements to the regasification infrastructure, the demand for coal in the region is expected to decline ... ... coal (this figure has changed by just 3–4 per cent over the past 20 years). Coal is one of the major air pollutants in the European Union. It is no coincidence that almost all the most polluted cities in Europe either consume coal for power-generation ...
... supply disruptions by implementing “gas stress tests” (modelled by ENTSOG) and to foster solidarity (Regulation 994/2010) between European member states regarding redistribution of storage capacity under Emergency plan. According to CEER, LNG could become a key source of European flexibility and diversification. Thus, this article will summarise and explain the role plaid by the LNG in the establishment of the European security of supply. In 2014 EU had already 8 LNG suppliers, however,...
... what is coupled by its strategy of diversification from Russia in the aftermath of Ukrainian crisis. At the same time, growing demand for gas in post-Fukushima Japan (who shut down its remaining nuclear reactors) has become a target for the American LNG whose price remains competitive given the abundance of gas resulting from the so-called shale revolution. The US government also conceived a number of programs to help finance oil and gas projects in other countries and to provide technical expertise ...
