War adds impetus to Europe’s gas decarbonisation
Gas businesses have embraced the acceleration of decarbonisation prompted by the Ukraine war but are concerned about the feasibility of new targets—especially for hydrogen
EU businesses were facing an avalanche of legislation even before the war in Ukraine, most notably the ‘Fit for 55’ package, adopted by the European Commission in July 2021, and the hydrogen and gas decarbonisation package, adopted in December 2021. These proposals alone would have kept stakeholders busy for months. Russia’s invasion of its neighbour in February has ramped up the legislative agenda considerably with what EU Commissioner for Energy Kadri Simson described at last week’s annual Eurogas conference as “our blueprint for removing Russian fossil [fuels] from our system as early as possible”—the RepowerEU proposals, published in May. 31pc – Share of Russian gas imports into EU
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
15 November 2024
Danish electrolyser firm stays focused on US expansion plans amid policy uncertainty in wake of Republican election victory