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:
Barcelona / Amsterdam, May 13, 2019 - The International Gas Union (IGU) today released its 2019 Wholesale Gas Price Survey at Flame 2019. The survey is the eleventh to be undertaken in a series that began in 2007. The eleven surveys have confirmed the significant changes in wholesale price formation mechanisms during a period of key developments and upheaval in the global gas market.
Key findings of this year’s survey include:
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.
Improving the safety and environmental efficiency of natural gas pipeline systems is critical given the current public focus on energy projects and the evolving global dialogue around climate change, says a Moscow-based technical diagnostic firm. Proven cost-effective methods include environmental monitoring during construction and establishing multi-year pipeline damage control and prevention programs, says Energodiagnostika LLC.
A leading technical diagnostic firm has come up with an interesting approach to the challenge of methane leakage: using natural microorganisms that feed on methane to “collar” those leaks. Moscow-based Energodiagnostika LLC recently applied for a patent to build soil collars around critical areas in underground storage facilities. The collars would be filled with methanotrophic bacteria suspended in a saltwater solution.