Domestic consumption of natural gas in the US is expected to increase through 2040, driven by higher demand for power generation, according to the US Energy Information Administration (EIA).
Total natural gas consumption is expected to exceed 30 trillion cubic feet/year in 2040 under EIA's reference case, from around 28 Tcf/year in 2016.
Russian gas supplies to Europe are set to exceed 179 billion cubic meters in 2016, reaching an “historic high”, according to the CEO of Gazprom Alexei Miller.
In an end-of-year speech published on Gazprom's website, Miller said that 2016 had seen “new records in terms of gas deliveries to Europe” reaching a total 614.5 million cubic meters/day on November 29.
The share of electricity generated from gas-fired power plants sold on the Italian day-ahead regulated electricity market further increased in November, reaching 52.1% of total sales, up from 50.7% in October and against 42.6% in November 2015, exchange manager Gestore Mercati Energetici (GME) said in its monthly report.
The new energy package unveiled by the EU Commission on November 30 is “the widest in scope” presented at European level so far, however it is far from providing conclusive answers to current energy issues and appears to be rather “another step in a work in progress” according to a paper of the Oxford Institute for Energy Studies.
UK capacity auctions for 2020-2021 have seen some 52,425.302 MW of capacity awarded, with CCGT capacity accounting for roughly 43% of total capacity, according to the previsional results published by National Grid.
The results show some 22,596 MW of gas-fired capacity was awarded, against 7,878 MW of nuclear, 6,090 MW of coal/biomass and 4,407 MW of CHP and auto-generation, among others.