Os reports European LNG Tracker from IEFA (Institute for Energy Economics and Financial Analysis) e On Thin Ice, prepared by the international research group Zero Carbon Analytics, launched in the last day 20, prepared by different European entities, prove what we already know: the wave of renewable energy came to stay.
De agreement with both of them, Europe does not need de new investments em infrastructure ou production increase to shelter fossil energies, Because the demand for this market is falling.
O continent wants to return increasingly for the production of renewable energy e increase energy efficiency in this line.
Report European LNG Tracker from IEEFA
O report points out that, in 2023, the demand for gas in Europe reached the lowest level two last ten years e must continue falling down up to 2025, when it will reach its peak.
A is occurs through investment in clean matrices e energy efficiency. Since Russia's invasion of Ukraine, gas demand has fallen by 20%, led by , Italy and the United Kingdom.
Contrary to this trend, countries continue to invest in the construction of new LNG infrastructure, eight import terminals have come into operation since February 2022, and the forecast is that 13 more projects can operate by 2030.
After the construction of these terminals, the combined capacity could be three times greater than the expected demand by the end of the decade.
On Thin Ice
Already study On Thin Ice says that searchto put gas na UE (European Union) expected to fall 32% by 2030, due to the climate commitment of the IEA (International Energy Agency). Another interesting fact is that by 2035 the supply of projects and contracts will be greater than demand.
By 2030, demand for oil will fall by 30%, making new exploration and expansion of oil and gas supplies (including the g of new gas import contracts) unnecessary due to excess supply.
The data doesn't lie
O study European Electricity Review, held in February by think tanks Amber, showed a record drop, in 2023, of electricity generation from fossil fuels in Europe.
And, on the other hand, he highlighted the rise of renewable energy, which is increasingly becoming the main source of the European Union's energy matrix.
The trend becomes very evident when analyzing the information that since February 2022, Europe added 53,5 billion cubic meters (bcm) of new LNG (Liquid Natural Gas) regasification capacity.
But in 2023, eight of the continent's 37 import terminals recorded utilization rates below 50%.
“Two years after the Russian invasion of Ukraine, the European energy system is more diverse and resilient. The crisis has been controlled to some extent, efficiency measures have been stepped up, and renewable energy and heat pump installations have accelerated. This has prepared the continent to continue reducing gas demand,” said Ana Maria Jaller-Makarewicz, chief energy analyst for Europe at IEEFA.
The European energy matrix had record levels, both positively and negatively. While renewable energies had a 44% share, fossil fuels had a record drop, coal had a 26% drop and gas 15%. The decline will continue to worsen over the years, by 2040 fossil fuels will be radically reduced. Only gas will have a small participation, which is foreseen in the latest recommendation of the European Commission, an objective for 2040.
With information from the Clima Info press office
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