A lack of gas is likely to slow down Europe’s energy transition in the 2020s. This is the conclusion in our new 12-page note, which captures basic policy objectives, such as phasing out 50% of Europe’s coal, electrifying 20% of its vehicles, cleaning up 25% of its shipping and shifting 3% of its energy into low carbon hydrogen. To achieve this, an incremental 85MTpa of LNG must be sourced by 2030, absorbing one third of new global LNG supplies, and stoking mid-2020s LNG shortages.
the research consultancy for energy technologies
