Europe gas and power H2 2014 - summary

Table of contents

• Power
  • The energy policy background to 2030
  • ETS reserve arrangements will raise the cost of emissions from 2021
  • A new emphasis for renewable energy targets
  • New rules for incentive regimes
  • Valuing the capability of flexible suppliers
  • Coal versus gas for conventional supply share
• Gas
  • Europe demand recovery in 2015, lower demand to 2020
  • European reverse flows to Ukraine a new feature of the market going forward
  • Reduced indigenous supply, additional mid-term risks in Norway
  • Minor delay to Shah Deniz II, Kurdistan maintains momentum
  • LNG imports - higher short term, lower long term
  • Similar Russian pipe imports
  • Outlook now extended to 2035 - Long-term opportunity for new pipe supply
  • Price outlook

Tables and charts

This report includes 3 images and tables including:

• Europe gas and power H2 2014 - summary: Image 1
• Global gas price forecast
• European gas supply mix

What's included

This report contains:

• Europe gas and power H2 2014 - summary

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