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15 December 2011

EGAF welcomes EU call for natural gas to complement renewable energy

The European Gas Advocacy Forum (EGAF) – a group of eight major gas companies – welcomes the EU Energy Roadmap 2050, published today. The Roadmap recognises that natural gas is an essential complement to renewable energy in the transformation of the global energy system, a view with which EGAF agrees.

Dick Benschop, EGAF spokesman and Vice President, Gas Market Development at Shell, said: “EGAF agrees with the European Commission that natural gas must play a crucial role in meeting Europe’s carbon reduction goals and security of supply needs, in an affordable way.”

“There is growing global agreement that natural gas is an essential complement to renewable energy sources, which are important but cannot alone meet our ever-growing demand for energy. Europe has a fantastic opportunity to lead the way on natural gas, as 80% of proven worldwide gas reserves are within its reach. EGAF believes that the EU Roadmap should pave the way for a future energy system with an increased contribution for natural gas.”

The Roadmap confirms that electricity will play a much greater role in the future. But in order to limit energy cost increase to end users, gas-fired power plants are an ideal existing solution.

When underpinned with adequate and sustainable market mechanisms, gas-fired power plants benefit from an established infrastructure network and are cost competitive, flexible, and significantly less carbon intensive.

Gas is also a natural complement to intermittent renewable energy. Increasing its use, while reducing CO2 emissions, allows more time to develop new renewable energy sources and alternative technologies in a more cost-effective way, while staying within the EU’s emission reduction target.

EGAF looks forward to continuing to play a constructive part in the discussion which the EU Roadmap has already begun. Strong partnerships between stakeholders along the energy value chains will be crucial in delivering the Roadmap’s ambitions.

ENDS

Notes to Editors: The European Gas Advocacy Forum’s members are Centrica, Eni, E.ON Ruhrgas, Gazprom Export, GDF SUEZ, Qatar Petroleum, Shell and Statoil. This informal group of experienced
players in the European gas industry was established in 2010 to increase – at all levels of society – understanding of the environmental, economic and energy security benefits of natural gas.

For further information, please contact the Shell media relations team on +44 (0) 20 7934 5550.

Download press-release (English, PDF)

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