📍“In order to maintain #securityofsupply, a sufficient level of #gasstorage capacity must be maintained in a coordinated manner”.

That’s what @schmoltzer, GIE Value of Storage WG chair, highlighted at the #IPS2023 in Milan.

Read 👉 https://lnkd.in/eCFpKUfx

@ThTrouve @FrancegazFR Presenting on behalf of @GIEBrussels and our French members 🇫🇷
@GRTgaz - @Teregacontact
@Storengy - @Elengy

As natural gas demand decreased by 8% y to y in the OECD, #TimGould put the attention to the evolution of Chinese gas demand 📈 and its impact on #LNG markets and wholesale #prices, especially as Europe is going to be more and more exposed to spot prices.

@wavestoneFR @Energy4Europe @MWorsdorfer @csikow @AdinaRevol Last year the EU understood the importance and value of the underground gas #storage while 5 years ago the assets were seen by many as stranded assets, said @TorbenBrabo.
Storage have never been fulfill at this level so early.

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GIE is proud to be part of ENZA

March 30, 2021

The European Net Zero Alliance (ENZA) is an eclectic alliance: it brings together 17 associations from different energy vectors and sectors. Together, we can, we want, we will make climate neutrality a reality.

ENZA was launched today via a successful event. Knowledgeable speakers from the European Commission and the industry provided a good overview of what’s coming next for energy, industry, buildings, mobility, forestry, and agriculture in Europe. 142 participants tuned in to discover the objectives and vision of the alliance. Such attendance reflects the increasing importance holistic approach in decision making.

ENZA Chair Paul Voss stated at the event: “Our members have come together because the easiest and most cost-effective pathway to 2050 climate neutrality is to take advantage of synergies across a range of both sectors and vectors. We hope our cooperation is a living example of this principle translated into practice.” 

Boyana Achovski, GIE Secretary General, explained: “A fair, secured, and sustainable world is around the corner. To make it happened, we need to join forces between regions, sectors, energy infrastructures. It’s now crucial to connect energy vectors and energy-consumers together, and ENZA is the right place to bridge that gap.

She added: “By transporting and storing renewable and low-carbon molecules including hydrogen, GIE operators are part of that good puzzle. With ENZA colleagues, we are innovating and finding solutions to enhance decarbonisation. With the right policies and incentives, we can set the European Union on track towards leaders in hydrogen technologies.”

  1. ENZA calls for 10 guiding principles:
    The achievement of climate neutrality in the EU by 2050 at the latest, through the clear and identifiable achievement of the 2030 target and intermediate energy and climate objectives that will help manage our common carbon budget in a cost-effective way;
  2. Ambitious short- and long-term targets to incentivise renewable, decarbonised and low-carbon energy production;
  3. Coherence between current and future legislation;
  4. Use of existing and new infrastructure for efficient solutions;
  5. Clear network access rules to leverage synergies between vectors;
  6. Credible and tradable certificates; technology neutrality;
  7. Fit for purpose state aid rules to support climate-neutrality;
  8. Efficient and affordable decarbonisation solutions for end-users;
  9. Facilitating and integrating decentralised solutions while harnessing Europe’s well-functioning internal energy market.

Meet ENZA members:

  • Bioenergy Europe
  • The European Federation of Local Energy Companies, CEDEC
  • The Confederation of European paper industries, CEPI
  • The European Association for the Promotion of Cogeneration, COGEN Europe
  • The European Biogas Association, EBA
  • The European Federation of Energy Traders, EFET
  • The European Heating Industry, EHI
  • The unified voice of the European renewable ethanol industry, ePURE
  • The European Engine Power Plants Association, EUGINE
  • Euroheat & Power
  • Eurogas
  • EUTurbines
  • The  European Waste-to-Advanced Biofuels Association, EWABA
  • Gas Infrastructure Europe, GIE
  • The association of independent gas and electricity distribution companies, GEODE
  • Hydrogen Europe
  • Solar Heat Europe

Note to editors

Who is GIE?

Gas Infrastructure Europe (GIE) is the association representing the interests of European gas infrastructure operators active in gas transmission, gas storage and Liquefied Natural Gas (LNG) regasification. GIE is a trusted partner of European institutions, regulatory bodies and industry stakeholders. It is based in Brussels, the heart of European policymaking. GIE currently represents 70 member companies from 26 countries. GIE’s vision is that by 2050, the gas infrastructure will be the backbone of the new innovative energy system, allowing European citizens to benefit from a secure, efficient and sustainable energy supply.

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Press contact:
Gabrielle Lelievre
Communication Advisor
T +32 478 78 34 83