May 4, 2022
Brussels, 4 May 2022
Ukraine/Russia conflict leads us to a burning question: How to repower Europe without Russian gas? Gas infrastructure operators of Europe complement the vision of the European Commission by publishing a paper with concrete action points to make REPower EU successful.
Torben Brabo, GIE President “This is a very difficult challenge that Europe is facing. But together, we can overcome it. Since the conflict started, our operators have received gas from Russia, and we stored it. The priority now is to get ready for next winter. And this is what the EU Member States are doing as we speak: They are working on the protection of their consumers and economies. When looking at gas infrastructure, its pipelines, underground storage and LNG facilities, we see a lot of different opportunities to mitigate the European Energy system: we see a lot of options for new roads and sources of supply. But we need to be realistic. And we need the right policy and financial support as well.”
He added ”GIE members are in a pole position to strengthen Europe’s security of gas supply. Present in multiple EU Member states we cover a large share of the value chain. We can offer our knowledge, experience, and extensive infrastructure. This paper is highlighting all of that.”
A holistic approach
To properly address the colossal work ahead of us, the collaboration will be essential. By joining forces and using our combined competencies, we can secure gas supply in the most efficient and sustainable way, while ensuring the protection of EU citizens and industries.
Monitoring the reality of the ground with transparency
In these times of unprecedented challenges, we are closely monitoring the evolution of the current crisis and its effects on the energy market. The current development alters global energy dynamics. The EU’s energy strategy must be adapted accordingly. The revision of the Gas Security of Supply regulation, and the introduction of Member States storage regulatory interventions, are key to overcoming possible natural gas flows disruptions.
From Renewables to Low-carbon in EU27
GIE has members in 27 countries. This enables us to have a good overview of the different opportunities and challenges of the EU Member States. In fact, we represent a broad and international network: our LNG facilities, underground storage facilities and transmission systems can store and transport massive volumes of renewables and low-carbon molecules over long distances. Currently, we handle 25% of the EU’s primary energy consumption through our infrastructure. This includes hydrogen, biomethane, natural and synthetic gases. We can also connect Europe to the rest of the world with our LNG Terminals, which is crucial to overcome any decrease in natural gas pipeline flows. As such, we can support the European economy and protect its citizens and industry by providing solutions for the diversification of supply sources and routes. Our vast infrastructure guarantees safe and reliable transport, storage and import of low-carbon and renewable molecules.
To unveil the full potential of the gas infrastructure, it is crucial to adapt the regulatory framework.
Diversification of gas supply
Acceleration of hydrogen transition
Filling of underground gas storage
A/ Mandatory storage filling target and filling trajectory
→ Minimum filling requirements timely in periods of crises
→ The filling trajectory provides a guarantee
B/ Incentivising injections before next winter
→ As a key principle, market-based pricing allows for an efficient allocation of storage capacities along with a set of regulatory measures
→ Zero tariffs for storage transport as a supportive measure
→ Financial support, before state interventions on strategic stock, is released
→ The certification procedure for SSOs needs to be clarified on certain criteria
Investment in LNG infrastructure
LNG terminals enhance European security of supply
LNG terminals are needed in the energy transition and ready to decarbonise
LNG is the bridge fuel between bioLNG and synthetic LNG
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.