1 min read • Energy, Utilities & Resources
The Fall and Rise of Gas
Gas use for power generation in Europe has fallen dramatically in recent years, by 13% from 2005 to 2014. Gas use in the power generation sector represents 90% of this drop, or around 50 bcm. Current total gas demand forecasts are for low single figure growth for annual consumption over the next decade, although peak demand is expected to grow faster. This dramatic change is due to a combination of economics and policy interventions. In this article, a guest feature written by Kirsty Ingham and Yvonne Fuller at Arthur D. Little, the authors analyse the causes and prospects for the future.
Gas use for power generation in Europe has fallen dramatically in recent years, by 13% from 2005 to 2014. Gas use in the power generation sector represents 90% of this drop, or around 50 bcm. Current total gas demand forecasts are for low single figure growth for annual consumption over the next decade, although peak demand is expected to grow faster. This dramatic change is due to a combination of economics and policy interventions. In this article, a guest feature written by Kirsty Ingham and Yvonne Fuller at Arthur D. Little, the authors analyse the causes and prospects for the future.
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