RWE warns on European gas demand
The German utility paints a sobering picture for the future of the fuel, even in a lower price environment
Low carbon heating systems and a huge growth in renewables will continue to drive down northwest European (NWE) gas demand, which has been structurally decreasing since the financial crisis, Andree Stracke, chief commercial officer at the supply and trading arm of German utility RWE, told the Flame gas conference in Amsterdam in May. The RWE base case for NWE gas demand is 227bn m³/yr in 2030, down from 267bn m³/yr in 2018 and from 309bn m³/yr in 2010. Its high case scenario is 275bn m³/yr, but its low case is just 178bn m³/yr. Substitution in the retail sector will drive the highest demand decrease. Electric heat pumps are a "real killer", says Stracke, along with wood pellets and better in
Also in this section
1 April 2025
There is method to the US president’s apparent madness, and those seeking to understand need look no further than their local bookshop
1 April 2025
Strong economic growth targets are encouraging for the country’s energy demand growth, even if meeting those goals might be a tall order
28 March 2025
The Central Asian country is positioning itself as a low-carbon leader, but antiquated infrastructure and a dependence on Russia are holding it back
28 March 2025
MCEDD 2025 took place in Madrid this week with record attendance and a wide-ranging programme, reflecting the deepwater sector’s renewed momentum, strategic focus and accelerating technological innovation.
