San Donato Milanese (Milan, Italy), 16 October 2019 – Snam, International Gas Union (IGU) e
The Boston Consulting Group (BCG) present the Global Gas Report 2019, the new edition of
the annual report that examines key global gas market trends, looking at recent
developments and assessing progress towards the leading role that gas is expected to play in
the energy transition. This year’s report special feature is a section on the Future of Gas in
Europe, co-produced with key European gas infrastructure operators: DESFA, Interconnector
The 32nd European Gas Regulatory Forum (also known as the Madrid Forum), which gathered key stakeholders across the European gas sector to discuss opportunities and challenges and to share information on European gas market regulations, took placeduring the first week of June. Discussions centered on the prospects for the next EU gas package (2020), including cutting methane emissions.
The survey is the eleventh to be undertaken in a series that began in 2007. It examines dramatic changes in natural gas wholesale price formation during a period of major developments in the global gas market.
Key findings of this year's survey include:
The 2018 IGU Wholesale Gas Price survey is the eleventh to be undertaken in a series which began at the start of the 2006 to 2009 triennium culminating in the World Gas Conference in Buenos Aires. Prior to the 2018 survey, previous surveys were undertaken for the years 2005, 2007, 2009, 2010, and then annually from 2012. The eleven surveys are now indicating the changing trends in wholesale price formation mechanisms over a period of rapid and significant change in the global gas market.
The International Gas Union (IGU) supports urgent and increased efforts towards climate change mitigation, consistent with the Paris Agreement and its goal to limit the global temperature increase to below 2oC from pre-industrial levels by the end of the century. Several nationally determined contributions under the Paris Agreement include a focus on reducing methane emissions, amongst other measures.1 The natural gas industry has had a long history of mitigating methane emissions.
International Women´s Day is coming up on the 8th of March. We would like to take this opportunity to share with you some of the IGU’s research and activities dedicated to women in the workforce. This theme was central to the IGU task force on Human Resources during the past triennium. The task force has now changed the name (Workforce development) and is currently researching best practices for workforce development, but the findings on women in the gas industry continue to be supported by newer research from other organizations.
Focus on reducing CO2 emissions continues to be a high-priority, especially after the landmark framework reached at COP21. Although using renewable energy is the most direct and effective way for this subject, it takes so long time to come to self-sufficient by renewable energy. Thus during the transition period to the low carbon society, we must continue using fossil fuels. Using fossil fuels as effectively as possible is another practical solution to reduce CO2 emission and we must consider how we make efficient use of them.
After a productive last week of #methane talks, we are ready to roll up our sleeves and get to it! Thrilled about 2020- Raising the #GlobalVoice of #NaturalGas in support #MethaneAction, alongside Methane Guiding Principles partners. Who is with us?🙋♀️ https://t.co/YSkgU9sPcG. https://t.co/fimOdN7dI5
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