To read this content please select one of the options below:

The role of gas in the energy transition will change

Monday, December 19, 2022

Significance

Extensive gas use is incompatible with net-zero ambitions. Coal-to-gas switching reduces greenhouse gas (GHG) emissions, but is feasible only when gas is readily available and affordable.

Impacts

  • Gas exploration and new field development will increase as producers seek to profit from regional gas shortages.
  • Asian buyers will continue to underpin new LNG investment with long-term contracts.
  • Gas will play a reduced role in the European energy transition, necessitating accelerated renewables deployment.

Related articles

Expert Briefings logo
Stay up to date
Sign up to the Expert Daily Briefings email alert and receive up-to-the-minute analysis of global events as they happen.
*If your university does not have access to Expert Briefings, visit our information page to find out more.