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Current situation and future perspectives of European natural gas sector

Current situation and future perspectives of European natural gas sector Abstract Gas market in Europe is experiencing a radical change for different reasons, partially determined and accelerated by economic downturn of the last period. In the past few years, many European countries adopted energy policies largely based on the utilization of natural gas. In fact, a sharp increase of the demand was observed and, at the same time, a lot of infrastructures were developed to assure the necessary supply. In the last few years, due to the economic downturn, natural gas demand decreased, causing a consistent oversupply on the market, which altered the consolidated dynamics of the sector. Understanding the changes currently under development in the European gas market is of paramount importance in order to design future strategies for the sector; in particular, it is necessary to understand if the present situation will cause a reshaping of the sector. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png "Frontiers in Energy" Springer Journals

Current situation and future perspectives of European natural gas sector

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Publisher
Springer Journals
Copyright
2014 Higher Education Press and Springer-Verlag Berlin Heidelberg
ISSN
2095-1701
eISSN
2095-1698
DOI
10.1007/s11708-014-0340-8
Publisher site
See Article on Publisher Site

Abstract

Abstract Gas market in Europe is experiencing a radical change for different reasons, partially determined and accelerated by economic downturn of the last period. In the past few years, many European countries adopted energy policies largely based on the utilization of natural gas. In fact, a sharp increase of the demand was observed and, at the same time, a lot of infrastructures were developed to assure the necessary supply. In the last few years, due to the economic downturn, natural gas demand decreased, causing a consistent oversupply on the market, which altered the consolidated dynamics of the sector. Understanding the changes currently under development in the European gas market is of paramount importance in order to design future strategies for the sector; in particular, it is necessary to understand if the present situation will cause a reshaping of the sector.

Journal

"Frontiers in Energy"Springer Journals

Published: Mar 1, 2015

References