Natural gas, essential to guarantee competitiveness and air quality

Last 13 October, the conclusions of “The role of gas in decarbonising the economy” were presented in Madrid, a report drawn up by KPMG which can be downloaded from the Sedigas website. In the report, Sedigas and KPMG analyse the contribution of natural gas to emissions reduction and its role in the energy mix. The report confirms the need to use gas as a source of clean energy to achieve a low carbon economy at minimum cost; the 33% participation of gas in the primary energy mix that would help achieve a 4% additional reduction in GHG emissions, representing an annual saving of over €220m in the residential and tertiary sectors and improving the energy efficiency target by 22%.

In addition to enjoying efficient technologies, gas guarantees a secure supply in both Spain and in Europe, given its existing infrastructures. The high level of development of Spain’s gas infrastructure favours an increased presence of natural gas without compromising compliance with 2030 targets. As a result, natural gas plays a leading role in achieving a low carbon economy, in line with the EU’s 2030 objectives – targets that are in accordance with the agreements reached at the COP 21 in Paris.

In a baseline scenario, Spain’s forecasts for 2030 indicate the participation of natural gas in primary energy that in 2014 stood at 20%, increasing by seven points to achieve a share of 27%. Taking into account the characteristics of the Spanish gas system as regards the development of its infrastructures, this share could rise to almost 33%, achieving additional benefits (lower emissions and economic saving) without compromising 2030 objectives.Read more…

Article published in: FuturENERGY October 2016