No need for new natural gas pipelines and LNG terminalsin Europe

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No need for new natural gas pipelines and LNG terminalsin Europe. / Holz, Franziska; Kemfert, Claudia.
Berlin: Deutsches Institut für Wirtschaftsforschung (DIW), 2020. (DIW Focus; No. 5).

Research output: Working paperResearch communication reportsResearch

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Holz F, Kemfert C. No need for new natural gas pipelines and LNG terminalsin Europe. Berlin: Deutsches Institut für Wirtschaftsforschung (DIW). 2020 Jul 29. (DIW Focus; 5).

Bibtex

@techreport{1af45f7ded7b4ce3abfac17bcfe3da4b,
title = "No need for new natural gas pipelines and LNG terminalsin Europe",
abstract = "Natural gas could play an increasing role in the German energy system following the coal exit decided in July 2020 by the German parliament. However, natural gas has no climate benefit compared to coal. What is more, Europe risks to become a battleground for the conflict between Russia and the United States. The construction of the Baltic Sea pipeline Nordstream 2 has set in motion a downward spiral of sanctions and counter-sanctions. US liquefied natural gas (LNG) exports compete with Russian gas exports to Europe. While German and European policy makers debate about an appropriate reaction to the US sanctions, we ask which role will US LNG be able to play in the European natural gas market. Model results by DIW Berlin provide first answers. In the long run, however, the European climate policy commitments will lead to a phase-out of fossil natural gas in the wake of the energy transition in the next decades.",
keywords = "Economics",
author = "Franziska Holz and Claudia Kemfert",
year = "2020",
month = jul,
day = "29",
language = "English",
series = "DIW Focus",
publisher = "Deutsches Institut f{\"u}r Wirtschaftsforschung (DIW)",
number = "5",
address = "Germany",
type = "WorkingPaper",
institution = "Deutsches Institut f{\"u}r Wirtschaftsforschung (DIW)",

}

RIS

TY - UNPB

T1 - No need for new natural gas pipelines and LNG terminalsin Europe

AU - Holz, Franziska

AU - Kemfert, Claudia

PY - 2020/7/29

Y1 - 2020/7/29

N2 - Natural gas could play an increasing role in the German energy system following the coal exit decided in July 2020 by the German parliament. However, natural gas has no climate benefit compared to coal. What is more, Europe risks to become a battleground for the conflict between Russia and the United States. The construction of the Baltic Sea pipeline Nordstream 2 has set in motion a downward spiral of sanctions and counter-sanctions. US liquefied natural gas (LNG) exports compete with Russian gas exports to Europe. While German and European policy makers debate about an appropriate reaction to the US sanctions, we ask which role will US LNG be able to play in the European natural gas market. Model results by DIW Berlin provide first answers. In the long run, however, the European climate policy commitments will lead to a phase-out of fossil natural gas in the wake of the energy transition in the next decades.

AB - Natural gas could play an increasing role in the German energy system following the coal exit decided in July 2020 by the German parliament. However, natural gas has no climate benefit compared to coal. What is more, Europe risks to become a battleground for the conflict between Russia and the United States. The construction of the Baltic Sea pipeline Nordstream 2 has set in motion a downward spiral of sanctions and counter-sanctions. US liquefied natural gas (LNG) exports compete with Russian gas exports to Europe. While German and European policy makers debate about an appropriate reaction to the US sanctions, we ask which role will US LNG be able to play in the European natural gas market. Model results by DIW Berlin provide first answers. In the long run, however, the European climate policy commitments will lead to a phase-out of fossil natural gas in the wake of the energy transition in the next decades.

KW - Economics

M3 - Research communication reports

T3 - DIW Focus

BT - No need for new natural gas pipelines and LNG terminalsin Europe

PB - Deutsches Institut für Wirtschaftsforschung (DIW)

CY - Berlin

ER -