The Fastest Growing Fossil Fuel Source in the European Union

Abstract

Energy forecasts predict natural gas to be the fastest growing fossil fuel source in the next 2-3 decades in Europe. However, projections of European gas demand are being revised downwards. Due to decrease in indigenous production and increase in natural gas primary consumption certainty about future gas demand in the European Union has changed over the past few years. Thus is expected to become a more dependent to import needed capacity from outside of Europe satisfying the European increasing demand for natural gas and at the same time protecting the climate and environment is one of the greatest challenges of this age. This paper demonstrates the main important planned natural gas pipeline’s mechanisms for Europe to see how much of expected future demand of Europe will be covered by planned natural gas pipelines. If there will be no economical and most important political, etc issues it seems planned pipelines will be operated in the time scheduled and cover the most part of European demand raised by decrease in indigenous and increase in primary consumption in coming decades.