Commodity Market Report
Europe gas demand long-term outlook H1 2020
This report is currently unavailable
Report summary
Demand destruction will see full year 2020 demand numbers fall below 500 bcm once again in contrast to 2019, which saw demand rebound year-on-year. Industry will account for the bulk of the 2020 loss, but losses will be felt across all sectors. Market space available to fossil fuelled generators will shrink in the early 2020s. As the marginal generator in many instances, gas will lose market share, although its absolute production will stay flat. The EU will struggle to meet its ambitious Green Deal carbon targets – even with coal completely removed from the power sector – without renewed emphasis on hard-to-decarbonise industrial sectors. As a result, gas demand in industry will be under increasing pressure towards the end of the 2030s. Measures to decarbonise energy use in buildings gather pace in the 2030s. Our gas demand view for the residential and commercial sectors shows a decrease of 17.5 bcm by 2040 compared to 2019. LNG will increasingly be adopted in maritime transport.
Table of contents
- Residential and commercial sectors
- Industrial sector
- Other sectors
- Road transport
- Domestic navigation LNG bunkers
- International marine LNG bunkers
Tables and charts
This report includes 8 images and tables including:
- European ResCom demand by sub-sector
- New and improved residential modelling
- Factors affecting change in residential demand
- Households by primary heating technology
- European industrial gas demand by sub-region
- European road transport gas demand
- Gas demand comparison (EU 27+UK)
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Thailand retail fuels long-term outlook
Thailand’s domestic road fuel consumption market is the third largest in Southeast Asia at around 30 billion litres
$4,750
Insight
A delayed energy transition
3 ˚C warming pathway
$1,050
Insight
Long-term Brent price maintained at US$65/bbl – oil and gas price assumptions versus forecasts
Defining our price assumptions and methodology, their use in our tools and services, and why these are independent of our price forecasts.
$1,350